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CITY OF RAMSEY <br />Statement of Fiduciary Net Position <br />December 31, 2015 <br />Agency Fund <br />Assets <br />Cash and temporary investments $ 1,715,558 <br />Receivables <br />Accounts 26,316 <br />Assets held for resale 12,734,868 <br />Total assets $ 14.476.742 <br />Liabilities <br />Accounts payable $ 7,797 <br />Deposits payable 1,734,077 <br />Loans Payable to Met Council 12,734,868 <br />Total liabilities $ 14.476.742 <br />See notes to basic financial statements <br />