|
Assets
<br />Total assets
<br />Liabilities and Fund Balances
<br />See notes to basic financial statements
<br />CITY OF RAMSEY
<br />Balance Sheet
<br />Governmental Funds
<br />December 31, 2008
<br />Special Revenue Capital Project Funds
<br />Funds Public
<br />Improvement
<br />General Tax Increment Revolving Landfill
<br />Cash and temporary investments $ 7,069,742 $ 4,785,995 . $ 1,242.206 $ 2,957,127
<br />Cash and investments held by trustee —
<br />Receivables
<br />Unremitted taxes 60,285 54,065
<br />Delinquent taxes 488,620 205,756
<br />Unremitted special assessments 1,707
<br />Delinquent special assessments 30,381
<br />Deferred special assessments 1,525,569
<br />Accounts 39,882
<br />Interest 504,645
<br />Due from other funds 142,663 579,494
<br />Due from other governmental units 41,210
<br />Prepaids 5,351
<br />Advances to other funds 318,154
<br />$ 8,209,735 $ 5,045,816 2,942,526 S 3,854,775
<br />Liabilities
<br />Accounts and contracts payable $ 148,574 $ 61,607 $ 79,136 $
<br />Salaries and benefits payable 245,746 —
<br />Due to other governmental units 30,093 11,552
<br />Due to other funds —
<br />Deferred revenue 488,620 205,756 1,555,951
<br />Advances from other funds 318,154 — —
<br />Total liabilities 1,231,187 278,915 1,635,087
<br />-14-
<br />Fund balances
<br />Reserved 5,351 318,154
<br />Unreserved — designated, reported in
<br />General Fund 5,992,852
<br />Special Revenue Funds 4,766,901
<br />Debt Service Funds
<br />Capital Project Funds 300,000
<br />Unreserved — undesignated, reported in
<br />General Fund 980,345
<br />Special Revenue Funds —
<br />Capital Project Funds 1,007,439 3,536,621
<br />Total fund balances 6,978,548 4,766,901 1,307,439 3,854,775
<br />Total liabilities and fund balances 8,209,735 $ 5,045,816 $ 2,942,526 $ 3,854,775
<br />
|