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CITY OF ST. ANTHONY, MINNESOTA
<br />STATEMENT OF NET POSITION Statement 6
<br />PROPRIETARY FUNDS
<br />December 31, 2020
<br />With Comparative Totals For December 31, 2019
<br />Governmental
<br />Activities
<br />Water/Sewer/ Stormwater Internal
<br />Liquor Water Plant Utility Service Fund
<br />Assets:2020 2019
<br />Current assets:
<br /> Cash and cash equivalents $834,344 $1,859,331 $323,307 $3,016,982 $2,624,996 $285,455
<br />Accounts receivable - net 4,208 689,463 - 693,671 672,895 -
<br /> Due from other governmental units 7,266 - - 7,266 - -
<br /> Prepaid items 14,770 22,193 - 36,963 19,323 -
<br /> Inventories - at cost 965,227 154,763 - 1,119,990 1,128,122 -
<br />Total current assets 1,825,815 2,725,750 323,307 4,874,872 4,445,336 285,455
<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 1,888,593 6,594,110 - 8,482,703 8,467,897 -
<br /> Furniture, fixtures and equipment 448,743 4,412,239 - 4,860,982 4,853,924 -
<br /> Distribution and collection system - 12,124,500 7,172,399 19,296,899 19,296,899 -
<br /> Software intangibles 26,022 - - 26,022 26,022 -
<br /> Construction in process 15,498 - - 15,498 - -
<br />Total capital assets 2,378,856 23,136,502 10,295,387 35,810,745 35,773,383 0
<br />Less: Allowance for depreciation (1,456,507) (8,507,449) (1,531,623) (11,495,579) (10,514,273) -
<br />Net capital assets 922,349 14,629,053 8,763,764 24,315,166 25,259,1100
<br />Total assets 2,748,164 17,354,803 9,087,071 29,190,038 29,704,446 285,455
<br />Deferred outflows of resources:
<br />Related to OPEB - - - - - 82,708
<br />Related to pensions - - - - - 1,839,516
<br />Total deferred outflows of resources - - - - - 1,922,224
<br />Liabilities:
<br />Current liabilities:
<br />Accounts payable 133,515 73,800 1,333 208,648 269,500 -
<br />Due to other governmental units 90,500 3,219 43 93,762 68,772 -
<br />Salaries payable 29,975 28,936 - 58,911 38,828 -
<br />Accrued interest payable - 4,834 - 4,834 5,959 -
<br />Refundable deposits - 55,455 - 55,455 57,735 -
<br />Compensated absences payable - current 25,859 39,085 - 64,944 64,391 223,815
<br />Bonds and notes payable - current - 140,000 - 140,000 135,000 -
<br />Other post employment benefits liability - current - - - - - 21,165
<br />Total current liabilities 279,849 345,329 1,376 626,554 640,185 244,980
<br />Noncurrent liabilities:
<br />Compensated absences payable - noncurrent 52,778 79,770 - 132,548 132,187 456,803
<br />Bonds and notes payable - noncurrent - 453,900 - 453,900 598,408 -
<br />Other post employment benefits liability - noncurrent - - - - - 593,322
<br />Net pension liability - - - - - 5,167,046
<br />Total noncurrent liabilities 52,778 533,670 0 586,448 730,595 6,217,171
<br />Total liabilities 332,627 878,999 1,376 1,213,002 1,370,780 6,462,151
<br />Deferred inflows of resources:
<br />Related to OPEB - - - - - 345,652
<br />Related to pensions - - - - - 2,745,295
<br />Total deferred inflows of resources - - - - - 3,090,947
<br />Net position:
<br /> Net investments in capital assets 922,349 14,035,153 8,763,764 23,721,266 24,525,702 -
<br /> Unrestricted 1,493,188 2,440,651 321,931 4,255,770 3,807,964 (7,345,419)
<br />Total net position $2,415,537 $16,475,804 $9,085,695 $27,977,036 $28,333,666 ($7,345,419)
<br />Net position reported above $27,977,036 $28,333,666
<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.(183,757) (238,085)
<br />Net position of business-type activities (Statement 1)$27,793,279 $28,095,581
<br />Totals
<br />Business-Type Activities Enterprise Funds
<br />The accompanying notes are an integral part of these financial statements.
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