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CITY OF ST. ANTHONY, MINNESOTA
<br />STATEMENT OF NET POSITION Statement 1
<br />December 31, 2022
<br />With Comparative Totals For December 31, 2021
<br />Governmental Business-Type
<br />Activities Activities 2022 2021
<br />Assets:
<br />Cash and investments $21,587,910 $4,014,769 $25,602,679 $24,450,614
<br />Accrued interest 49,357 - 49,357 19,340
<br />Due from other governmental units 124,741 - 124,741 74,291
<br />Accounts receivable - net 82,488 793,515 876,003 839,916
<br />Internal balances 171,440 (171,440) - -
<br />Property taxes receivable 133,160 - 133,160 137,112
<br />Prepaid items 145,159 35,611 180,770 197,332
<br />Inventories - at cost 24,178 1,053,380 1,077,558 1,022,751
<br />Loans receivable 2,205 - 2,205 5,786
<br />Special assessments receivable 1,673,181 - 1,673,181 1,566,643
<br />Lease receivable 1,277,549 - 1,277,549 1,395,905
<br />Land held for resale 378,008 - 378,008 370,356
<br />Capital assets - net:
<br />Nondepreciable 5,869,292 2,147,649 8,016,941 6,963,193
<br />Depreciable 27,554,827 22,991,808 50,546,635 51,904,776
<br />Net pension asset 397,881 - 397,881 586,421
<br />Total assets 59,471,376 30,865,292 90,336,668 89,534,436
<br />Deferred outflows of resources:
<br />Related to other post employment benefits 541,286 - 541,286 109,026
<br />Related to pensions 7,994,520 - 7,994,520 4,370,104
<br />Total deferred outflows of resources 8,535,806 0 8,535,806 4,479,130
<br />Liabilities:
<br />Accounts payable 2,256,157 224,217 2,480,374 1,420,862
<br />Due to other governmental units 56,583 78,785 135,368 104,388
<br />Salaries payable 164,487 59,172 223,659 198,332
<br />Contracts payable 118,341 - 118,341 997,559
<br />Deposits payable 134,525 49,330 183,855 222,008
<br />Accrued interest payable 320,433 1,375 321,808 323,903
<br />Unearned revenue 653,504 - 653,504 517,480
<br />Other post employment benefits:
<br />Due within one year 50,378 - 50,378 30,213
<br />Due in more than one year 957,188 - 957,188 662,033
<br />Long-term liabilities:
<br />Due within one year 3,402,168 203,111 3,605,279 3,582,990
<br />Due in more than one year 24,738,730 277,865 25,016,595 26,092,887
<br />Net pension liability:
<br />Due in more than one year 12,862,860 - 12,862,860 3,249,904
<br />Total liabilities 45,715,354 893,855 46,609,209 37,402,559
<br />Deferred inflows of resources:
<br />Related to leases 1,277,549 - 1,277,549 1,395,905
<br />Related to other post employment benefits 459,129 - 459,129 304,301
<br />Related to pensions 516,638 - 516,638 6,469,925
<br />Total deferred inflows of resources 2,253,316 - 2,253,316 8,170,131
<br />Net position:
<br />Net investments in capital assets 10,898,178 24,834,573 35,732,751 34,632,932
<br />Restricted for:
<br />Debt service 5,612,586 - 5,612,586 6,255,605
<br />Pensions 421,414 - 421,414 360,702
<br />Public safety 69,190 - 69,190 39,084
<br />Unrestricted 3,037,144 5,136,864 8,174,008 7,152,553
<br />Total net position $20,038,512 $29,971,437 $50,009,949 $48,440,876
<br />Total
<br />Primary Government
<br />The accompanying notes are an integral part of these financial statements.
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