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2021 ACFR
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2021 ACFR
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CITY OF ST. ANTHONY, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />December 31, 2021 <br /> <br /> <br /> <br /> <br />Note 3 RECEIVABLES <br /> <br />Significant receivables balances not expected to be collected within one year of December 31, 2021 are as <br />follows: <br /> <br />Street <br />Improvement HRA TIF Nonmajor <br />General Debt Service Improvements Funds Total <br />Special assessments receivable $ - $1,387,400 $ - $3,200 $1,390,600 <br />Delinquent property taxes 12,900 5,000 - 3,900 21,800 <br />Delinquent tax increment - - 6,900 - 6,900 <br />$12,900 $1,392,400 $6,900 $7,100 $1,419,300 <br />Major Funds <br /> <br /> <br />Note 4 UNAVAILABLE REVENUES <br /> <br />Governmental funds report deferred inflows of resources in connection with receivables for revenues that are <br />not considered to be available to liquidate liabilities of the current period. At the end of the current fiscal year, <br />the various components of unavailable revenue reported in the governmental funds were as follows: <br /> <br />Property Special Tax <br />Taxes Assessments Increment Total <br />Major Funds: <br />General Fund $34,174 $5,531 $ - $39,705 <br />Street Improvement Debt Service 12,220 1,510,133 - 1,522,353 <br />HRA TIF Improvements - - 9,557 9,557 <br />Street Improvement Project 45,502 45,502 <br />Nonmajor Funds 9,234 4,760 - 13,994 <br />Total unavailale revenue $55,628 $1,565,926 $9,557 $1,631,111 <br /> <br />57
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