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CITY OF ST. ANTHONY, MINNESOTA
<br />STATEMENT OF NET POSITION Statement 1
<br />December 31, 2019
<br />With Comparative Totals For December 31, 2018
<br />Governmental Business-Type
<br />Activities Activities 2019 2018
<br />Assets:
<br />Cash and investments $14,456,772 $2,624,996 $17,081,768 $17,061,902
<br />Accrued interest 35,124 - 35,124 41,672
<br />Due from other governmental units 717,149 - 717,149 332,142
<br />Accounts receivable - net 93,817 672,895 766,712 643,433
<br />Internal balances 238,085 (238,085) - -
<br />Property taxes receivable 177,350 - 177,350 192,211
<br />Prepaid items 97,730 19,323 117,053 249,058
<br />Inventories - at cost 4,826 1,128,122 1,132,948 1,213,985
<br />Loans receivable 21,493 - 21,493 32,674
<br />Special assessments receivable 1,561,374 - 1,561,374 1,911,754
<br />Land held for resale 370,356 - 370,356 -
<br />Capital assets - net:
<br />Nondepreciable 2,477,133 2,089,954 4,567,087 6,593,568
<br />Depreciable 30,685,601 23,169,156 53,854,757 52,825,970
<br />Net pension asset 260,528 - 260,528 175,033
<br />Total assets 51,197,338 29,466,361 80,663,699 81,273,402
<br />Deferred outflows of resources:
<br />Related to other post employment benefits 28,051 - 28,051 30,066
<br />Related to pensions 2,778,725 - 2,778,725 4,124,695
<br />Total deferred outflows of resources 2,806,776 0 2,806,776 4,154,761
<br />Liabilities:
<br />Accounts payable 534,781 269,500 804,281 540,936
<br />Due to other governmental units 86,501 68,772 155,273 169,231
<br />Salaries payable 105,611 38,828 144,439 116,676
<br />Contracts payable 527,331 - 527,331 573,031
<br />Deposits payable 5,715 57,735 63,450 69,198
<br />Accrued interest payable 390,927 5,959 396,886 366,450
<br />Other post employment benefits:
<br />Due within one year 11,075 - 11,075 -
<br />Due in more than one year 835,038 - 835,038 803,931
<br />Long-term liabilities:
<br />Due within one year 3,130,801 199,391 3,330,192 3,445,849
<br />Due in more than one year 26,922,913 730,595 27,653,508 29,948,384
<br />Net pension liability:
<br />Due in more than one year 4,446,367 - 4,446,367 4,499,785
<br />Total liabilities 36,997,060 1,370,780 38,367,840 40,533,471
<br />Deferred inflows of resources:
<br />Related to other post employment benefits 39,170 - 39,170 -
<br />Related to pensions 4,887,590 - 4,887,590 6,257,505
<br />Total deferred inflows of resources 4,926,760 - 4,926,760 6,257,505
<br />Net position:
<br />Net investments in capital assets 9,746,635 24,525,702 34,272,337 33,601,671
<br />Restricted for:
<br />Debt service 6,339,750 - 6,339,750 7,097,594
<br />Pensions 177,502 - 177,502 200,075
<br />Public safety 39,505 - 39,505 31,141
<br />Unrestricted (4,223,098) 3,569,879 (653,219) (2,293,294)
<br />Total net position $12,080,294 $28,095,581 $40,175,875 $38,637,187
<br />Total
<br />Primary Government
<br />The accompanying notes are an integral part of these financial statements.
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