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Assets <br />Current assets <br />Cash and temporary investments <br />Receivables <br />Deferred special assessments <br />Delinquent special assessments <br />Accounts and interest <br />Prepaids <br />Total current assets <br />Noncurrent assets <br />Advances to other Funds <br />Capital assets <br />Land <br />Construction in progress <br />Buildings and structures <br />Improvements other than buildings <br />Machinery and equipment <br />Water and sewer lines <br />Less accumulated depreciation <br />Net capital assets <br />Total noncurrent assets <br />Liabilities and Net Assets <br />See notes to basic financial statements <br />CITY OF RAMSEY <br />Statement of Net Assets <br />Proprietary Funds <br />December 31, 2010 <br />Business -Type Activities — Enterprise Funds <br />Street Light <br />Water Utility Sewer Utility Utility <br />$ 7,171,047 $ 4,877,391 $ 1,183,604 <br />131,013 128,462 — <br />11,256 11,256 — <br />370,398 404,601 59,974 <br />47,099 — <br />7,683,714 5,468,809 1,243,578 <br />3,947,547 <br />868,513 <br />3,547,909 <br />2,509,688 <br />136,205 <br />24,055,534 <br />31,117,849 <br />5,229,596 <br />25,888,253 <br />29,835,800 <br />3,304,151 <br />372,270 <br />21,229,206 <br />21,601,476 <br />4,462,431 <br />17,139,045 <br />20,443,196 <br />680,301 <br />680,301 <br />283,084 <br />397,217 <br />397,217 <br />Total assets $ 37,519,514 $ 25,912,005 $ 1,640,795 <br />Current liabilities <br />Accounts and contracts payable $ 64,026 $ 1,313 $ 14,765 <br />Due to other governmental units 24,463 2,100 270 <br />Unearned revenue 11,256 11,256 1,080 <br />Total current liabilities 99,745 14,669 16,115 <br />Net assets <br />Invested in capital assets 25,888,253 17,139,045 397,217 <br />Unrestricted 11,531,516 8,758,291 1,227,463 <br />Total net assets 37,419,769 25,897,336 1,624,680 <br />Total liabilities and net assets $ 37,519,514 $ 25,912,005 $ 1,640,795 <br />