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Assets
<br />CITY OF RAMSEY
<br />Statement of Net Position
<br />Proprietary Funds
<br />Year Ended December 31, 2012
<br />Business -Type Activities — Enterprise Funds
<br />Street Light
<br />Water Utility Sewer Utility Utility
<br />Current assets
<br />Cash and temporary investments $ 11,057,142 $ 6,612,345 $ 1,248,358
<br />Receivables
<br />Delinquent special assessments 17,311 17,311
<br />Deferred special assessments 149,102 148,672 —
<br />Accounts and interest 441,952 407,172 60,319
<br />Prepaids 48,696
<br />Total current assets 11,665,507 7,234,196 1,308,677
<br />Noncurrent assets
<br />Advances to other Funds 2,909,448 3,180,944
<br />Capital assets
<br />Land 868,513
<br />Construction in progress —
<br />Buildings and structures 6,058,847 —
<br />Improvements other than buildings — — 731,725
<br />Machinery and equipment 134,188 378,167
<br />Water and sewer lines 24,117,279 21,229,206
<br />31,178,827 21,607,373 731,725
<br />Less accumulated depreciation 6,449,117 5,343,725 347,030
<br />Net capital assets 24,729,710 16,263,648 384,695
<br />Total noncurrent assets 27,639,158 19,444,592 384,695
<br />Total assets $ 39,304,665 $ 26,678,788 $ 1,693,372
<br />Liabilities and Net Position
<br />Current liabilities
<br />Accounts and contracts payable $ 16,276 $ 18,182 $ 19,800
<br />Due to other governmental units 26,274 —
<br />Unearned revenue 360
<br />Total current liabilities 42,550 18,182 20,160
<br />Net Position
<br />Net investment in capital assets 24,729,710 16,263,648 384,695
<br />Unrestricted 14,532,405 10,396,958 1,288,517
<br />Total net position 39,262,115 26,660,606 1,673,212
<br />Total liabilities and net position $ 39,304,665 $ 26,678,788 $ 1,693,372
<br />See notes to basic financial statements
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