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