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CITY OF RAMSEY
<br />Statement of Net Position
<br />Proprietary Funds
<br />December 31, 2015
<br />Business -Type Activities - Enterprise Funds
<br />Street Light Recycling
<br />Water Utility Sewer Utility Utility Utility
<br />Assets
<br />Current assets
<br />Cash and temporary investments $ 16,908,119 $ 10,205,075 $ 1,070,253 $ 343,381
<br />Receivables
<br />Delinquent special assessments 9,048 9,048
<br />Deferred special assessments 101,208 101,208 - -
<br />Accounts 422,249 412,146 61,430 93,872
<br />Prepaids 60,422 -
<br />Total current assets 17,440,624 10,787,899 1,131,683 437,253
<br />Noncurrent assets
<br />Advances to other Funds 1,399,872 1,634,940
<br />Capital assets
<br />Land 868,513 -
<br />Construction in progress 841,725 199,250
<br />Buildings and structures 6,058,847 - -
<br />Improvements other than buildings 430,070 20,881 1,094,788
<br />Machinery and equipment 133,568 478,017 -
<br />Water and sewer lines 24,117,279 21,229,206 -
<br />32,450,002 21,927,354 1,094,788
<br />Less accumulated depreciation 8,322,634 6,697,266 465,154
<br />Net capital assets 24,127,368 15,230,088 629,634
<br />Total noncurrent assets 25,527,240 16,865,028 629,634
<br />Total assets 42,967,864 27,652,927 1,761,317 437,253
<br />Deferred Outflows of Resources
<br />Pension plan deferments 29,933 13,096
<br />Total assets and deferred outflows of resources $ 42,997,797 $ 27,666,023 $ 1,761,317 $ 437,253
<br />Liabilities
<br />Current liabilities
<br />Accounts and contracts payable $ 8,396 $ 3,365 $ 10,287 $ 256
<br />Due to other governmental units 10,005 22,141 114 36,963
<br />Unearned revenue 6,566 -
<br />Total current liabilities 18,401 25,506 16,967 37,219
<br />Non -Current liabilities
<br />Net pension liability 210,618 92,145
<br />Total liabilities 229,019 117,651 16,967 37,219
<br />Deferred Inflows of Resources
<br />Pension plan deferments 14,000 6,126
<br />Net Position
<br />Investment in capital assets 24,127,368 15,230,088 629,634 -
<br />Unrestricted 18,627,410 12,312,158 1,114,716 400,034
<br />Total net position 42,754,778 27,542,246 1,744,350 400,034
<br />Total liabilities, deferred inflows of resources
<br />and net position $ 42,997,797 $ 27,666,023 $ 1,761,317 $ 437,253
<br />See notes to basic financial statements
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