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<br /> City of Ramsey <br /> Net Assets by Component <br /> Last Four Fiscal Years <br /> (accrual basis of accounting) <br /> Fiscal Year <br /> 2004 2005 2006 2007 <br />Governmental activities <br />Invested in capital assets, net of related debt $ 8,768,136 $ 12,267,296 $ 23,424,366 $ 27,548,267 <br />Restricted 7,597,395 18,296,241 13,860,707 16,626,010 <br />Unrestricted 14,837,113 19,265,380 18,428,817 17,500,206 <br />Total governmental activities net assets $ 31,202,644 $ 49,828,917 $ 55,713,890 $ 61,674,483 <br />Business-type activities <br />Invested in capital assets, net of related debt $ 31,664,220 $ 36,311,701 $ 47,334,422 $ 49,173,058 <br />Restricted . <br />Unrestricted 13,281,078 17,013,900 17,739,362 20,926,874 <br />Total business-type activities net assets $ 44,945,298 $ 53,325,601 $ 65,073,784 $ 70,099,932 <br />Total government <br />Invested in capital assets, net of related debt $ 40,432,356 $ 48,578,997 $ 70,758,788 $ 76,721,325 <br />Restricted 7,597,395 18,296,241 13,860,707 16,626,010 <br />Unrestricted 28,118,191 36,279,280 36,168,179 38,427,080 <br />Total government net assets $ 76,147,942 $ .103,154,518 $ 120,787,674 $ 131,774,415 <br /> <br />Note: The City implemented GASB Statement No. 34 in fiscal year 2004. This information is not <br />available for previous fiscal years. <br /> <br />-78 - <br />