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CITY OF ST. ANTHONY, MINNESOTA
<br />STATEMENT OF NET POSITION Statement 6
<br />PROPRIETARY FUNDS
<br />December 31, 2021
<br />With Comparative Totals For December 31, 2020
<br />Governmental
<br />Activities
<br />Water/Sewer/ Stormwater Internal
<br />Liquor Water Plant Utility Service Fund
<br />Assets:2021 2020
<br />Current assets:
<br /> Cash and cash equivalents $1,239,208 $2,185,353 $263,876 $3,688,437 $3,016,982 $305,696
<br />Accounts receivable - net 4,095 739,657 - 743,752 693,671 -
<br /> Due from other governmental units - - - - 7,266 -
<br /> Prepaid items 12,903 15,445 - 28,348 36,963 -
<br /> Inventories - at cost 868,579 140,623 - 1,009,202 1,119,990 -
<br />Total current assets 2,124,785 3,081,078 263,876 5,469,739 4,874,872 305,696
<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 8,482,703 -
<br /> Furniture, fixtures and equipment 476,643 4,694,559 225,218 5,396,420 4,860,982 -
<br /> Distribution and collection system - 12,702,329 7,557,323 20,259,652 19,296,899 -
<br /> Software intangibles 62,894 - - 62,894 26,022 -
<br /> Construction in process - - 11,297 11,297 15,498 -
<br />Total capital assets 2,428,130 23,996,651 10,916,826 37,341,607 35,810,745 0
<br />Less: Allowance for depreciation (1,528,592) (8,977,310) (1,822,351) (12,328,253) (11,495,579) -
<br />Net capital assets 899,538 15,019,341 9,094,475 25,013,354 24,315,166 0
<br />Total assets 3,024,323 18,100,419 9,358,351 30,483,093 29,190,038 305,696
<br />Deferred outflows of resources:
<br />Related to OPEB - - - - - 109,026
<br />Related to pensions - - - - - 4,357,809
<br />Total deferred outflows of resources - - - - - 4,466,835
<br />Liabilities:
<br />Current liabilities:
<br />Accounts payable 231,451 24,979 13,431 269,861 208,648 -
<br />Due to other governmental units 82,282 3,709 - 85,991 93,762 -
<br />Salaries payable 25,617 28,553 - 54,170 58,911 -
<br />Accrued interest payable - 2,542 - 2,542 4,834 -
<br />Refundable deposits - 52,235 - 52,235 55,455 -
<br />Compensated absences payable - current 23,554 35,601 - 59,155 64,944 213,835
<br />Bonds and notes payable - current - 140,000 - 140,000 140,000 -
<br />Other post employment benefits liability - current - - - - - 30,213
<br />Total current liabilities 362,904 287,619 13,431 663,954 626,554 244,048
<br />Noncurrent liabilities:
<br />Compensated absences payable - noncurrent 51,027 65,709 - 116,736 132,548 421,980
<br />Bonds and notes payable - noncurrent - 309,392 - 309,392 453,900 -
<br />Other post employment benefits liability - noncurrent - - - - - 662,033
<br />Net pension liability - - - - - 3,249,904
<br />Total noncurrent liabilities 51,027 375,101 0 426,128 586,448 4,333,917
<br />Total liabilities 413,931 662,720 13,431 1,090,082 1,213,002 4,577,965
<br />Deferred inflows of resources:
<br />Related to OPEB - - - - - 304,301
<br />Related to pensions - - - - - 6,231,911
<br />Total deferred inflows of resources - - - - - 6,536,212
<br />Net position:
<br /> Net investments in capital assets 899,538 14,569,949 9,094,475 24,563,962 23,721,266 -
<br /> Unrestricted 1,710,854 2,867,750 250,445 4,829,049 4,255,770 (6,341,646)
<br />Total net position $2,610,392 $17,437,699 $9,344,920 $29,393,011 $27,977,036 ($6,341,646)
<br />Net position reported above $29,393,011 $27,977,036
<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.(90,312) (183,757)
<br />Net position of business-type activities (Statement 1)$29,302,699 $27,793,279
<br />Totals
<br />Business-Type Activities Enterprise Funds
<br />The accompanying notes are an integral part of these financial statements.
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