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CITY OF ST. ANTHONY, MINNESOTA
<br />STATEMENT OF NET POSITION Statement 6
<br />PROPRIETARY FUNDS
<br />December 31, 2019
<br />With Comparative Totals For Enterprise Funds For December 31, 2018
<br />Governmental
<br />Activities
<br />Water/Sewer/ Stormwater Internal
<br />Liquor Water Plant Utility Service Fund
<br />Assets:2019 2018
<br />Current assets:
<br /> Cash and cash equivalents $774,316 $1,661,977 $188,703 $2,624,996 $2,370,867 $240,693
<br />Accounts receivable - net 4,529 668,366 - 672,895 624,731 -
<br /> Due from other governmental units - - - - 12,017 -
<br /> Prepaid items 6,204 13,119 - 19,323 29,047 -
<br /> Inventories - at cost 868,671 259,451 - 1,128,122 1,210,005 -
<br />Total current assets 1,653,720 2,602,913 188,703 4,445,336 4,246,667 240,693
<br />Noncurrent assets:
<br /> Capital assets:
<br /> Land - 5,653 2,084,301 2,089,954 2,089,954 -
<br /> Land improvements - - 1,038,687 1,038,687 1,038,687 -
<br /> Buildings and structures 1,880,793 6,587,104 - 8,467,897 8,467,897 -
<br /> Furniture, fixtures and equipment 441,685 4,412,239 - 4,853,924 4,841,674 -
<br /> Distribution and collection system - 12,124,500 7,172,399 19,296,899 17,149,971 -
<br /> Software intangibles 26,022 - - 26,022 26,022 -
<br />Total capital assets 2,348,500 23,129,496 10,295,387 35,773,383 33,614,205 0
<br />Less: Allowance for depreciation (1,385,648) (7,888,215) (1,240,410) (10,514,273) (9,566,665) -
<br />Net capital assets 962,852 15,241,281 9,054,977 25,259,110 24,047,5400
<br />Total assets 2,616,572 17,844,194 9,243,680 29,704,446 28,294,207 240,693
<br />Deferred outflows of resources:
<br />Related to OPEB - - - - - 28,051
<br />Related to pensions - - - - - 2,750,361
<br />Total deferred outflows of resources - - - - - 2,778,412
<br />Liabilities:
<br />Current liabilities:
<br />Accounts payable 234,215 29,159 6,126 269,500 123,123 -
<br />Due to other governmental units 65,847 2,925 - 68,772 144,702 -
<br />Salaries payable 19,732 19,096 - 38,828 32,865 -
<br />Accrued interest payable - 5,959 - 5,959 7,042 -
<br />Refundable deposits - 57,735 - 57,735 59,905 -
<br />Compensated absences payable - current 22,260 42,131 - 64,391 61,602 230,801
<br />Bonds and notes payable - current - 135,000 - 135,000 130,000 -
<br />Other post employment benefits liability - current - - - - - 11,075
<br />Total current liabilities 342,054 292,005 6,126 640,185 559,239 241,876
<br />Noncurrent liabilities:
<br />Compensated absences payable - noncurrent 45,697 86,490 - 132,187 127,472 473,805
<br />Bonds and notes payable - noncurrent - 598,408 - 598,408 737,916 -
<br />Other post employment benefits liability - noncurrent - - - - - 835,038
<br />Net pension liability - - - - - 4,446,367
<br />Total noncurrent liabilities 45,697 684,898 0 730,595 865,388 5,755,210
<br />Total liabilities 387,751 976,903 6,126 1,370,780 1,424,627 5,997,086
<br />Deferred inflows of resources:
<br />Related to OPEB - - - - - 39,170
<br />Related to pensions - - - - - 4,776,200
<br />Total deferred inflows of resources - - - - - 4,815,370
<br />Net position:
<br /> Net investments in capital assets 962,852 14,507,873 9,054,977 24,525,702 23,179,624 -
<br /> Unrestricted 1,265,969 2,359,418 182,577 3,807,964 3,689,956 (7,793,351)
<br />Total net position $2,228,821 $16,867,291 $9,237,554 $28,333,666 $26,869,580 ($7,793,351)
<br />Net position reported above $28,333,666 $26,869,580
<br />Adjustment to report the cumulative internal balance for the net effect of activity
<br /> between the internal service fund and the enterprise funds over time.(238,085)(206,699)
<br />Net position of business-type activities (Statement 1)$28,095,581 $26,662,881
<br />Totals
<br />Business-Type Activities Enterprise Funds
<br />The accompanying notes are an integral part of these financial statements.
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