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Assets <br />Cash and temporary investments <br />Receivables <br />Unremitted taxes <br />Delinquent taxes <br />Unremitted special assessments <br />Delinquent special assessments <br />Deferred special assessments <br />Accounts <br />Interest <br />Due from other governmental units <br />Inventory <br />Prepaids <br />Restricted assets - temporarily restricted <br />Cash and investments for capital projects <br />Cash and investments for debt service <br />Capital assets <br />Land <br />Construction in progress <br />Buildings and structures <br />Improvements other than buildings <br />Office equipment <br />Motor vehicles <br />Machinery and equipment <br />Infrastructure <br />Water and sewer lines <br />Less accumulated depreciation <br />Total capital assets, net of depreciation <br />Total assets <br />Liabilities <br />Accounts and contracts payable <br />Salaries and benefits payable <br />Accrued interest payable <br />Due to other governmental units <br />Unearned revenue <br />Long -term liabilities <br />Due within one year <br />Due in more than one year <br />Total long-term liabilities <br />Total liabilities <br />Net assets <br />Invested in capital assets, net of related debt <br />Restricted for <br />Debt service <br />Tax increment <br />Capital improvements <br />Restricted for storm water management <br />Restricted for grants and contributions <br />Unrestricted <br />Total net assets <br />Total liabilities and net assets <br />See notes to basic financial statements <br />CITY OF RAMSEY <br />Statement of Net Assets <br />December 31, 2006 <br />-12- <br />Governmental <br />Activities <br />$ 27,268,593 $ 17,640,503 <br />92,830 <br />366,730 <br />1,557 <br />6,772 <br />7,164,915 <br />134,328 <br />289,650 <br />134,043 <br />2,510 <br />1,704,326 <br />1,569,529 <br />3,446,182 <br />25,401,914 <br />12,001,938 <br />2,443,418 <br />829,590 <br />2,997,975 <br />2,487,046 <br />7,631,335 <br />(5,211,050) <br />52,028,348 <br />$ 1,965,753 <br />171,857 <br />108,791 <br />24,273 <br />. 35,050,241 <br />Business -Type <br />Activities <br />23,193 <br />840,451 <br />23,203 <br />2,457 <br />33,307 <br />100,000 <br />8,944,312 <br />2,509,688 <br />8,223,052 <br />183,131 <br />34,333,110 <br />(6,958,871) <br />47,334,422 <br />Total <br />$ 44,909,096 <br />92,830 <br />366,730 <br />1,557 <br />6,772 <br />7,188,108 <br />974,779 <br />289,650 <br />157,246 <br />2,457 <br />35,817 <br />1,704,326 <br />1,569,529 <br />3,546,182 <br />34,346,226 <br />14,511,626 <br />10,666,470 <br />829,590 <br />2,997,975 <br />2,670,177 <br />7,631,335 <br />34,333,110 <br />(12,169,921) <br />99,362,770 <br />90,764,131 $ 65,897,536 $ 156,661,667 <br />$ - 729,699 $ 2,695,452 <br />- 171,857 <br />- 1 08,791 <br />49,393 73,666 <br />44,660 44,660 <br />2,037,918 -- 2,037,918 <br />30,741,649 - 30,741,649 <br />32,779,567 - 32,779,567 <br />823,752 35,873,993 <br />23,424,366 47,334,422 70,758,788 <br />633,927 - 633,927 <br />1,762,567 -- 1,762,567 <br />7,807,244 -- 7,807,244 <br />1,109,005 - 1,109,005 <br />2,547,964 - 2,547,964 <br />18,428,817 17,739,362 36,168,179 <br />55,713,890 65,073,784 120,787,674 <br />90,764,131 $ 65,897,536 $ 1 56,661 ,667 <br />