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CITY OF RAMSEY
<br /> Statement of Net Position
<br /> December 31,2015
<br /> Governmental Business-Type
<br /> Activities Activities Total
<br /> Assets
<br /> Cash and temporary investments $ 31,374,962 $ 30,139,476 $ 61,514,438
<br /> Receivables
<br /> Unremitted taxes 91,759 - 91,759
<br /> Delinquent taxes 153,276 - 153,276
<br /> Unremitted special assessments 52,654 - 52,654
<br /> Delinquent special assessments 6,442 18,096 24,538
<br /> Deferred special assessments 671,943 202,416 874,359
<br /> Accounts 68,629 1,227,160 1,295,789
<br /> Notes 21,783 - 21,783
<br /> Interest 194,844 - 194,844
<br /> Internal balances (3,034,812) 3,034,812 -
<br /> Due from other governmental units 590,811 - 590,811
<br /> Prepaids 1,613 60,422 62,035
<br /> Land held for resale 11,241,512 - 11,241,512
<br /> Capital assets
<br /> Land 6,772,024 868,513 7,640,537
<br /> Construction in progress 7,429,397 1,199,547 8,628,944
<br /> Buildings and structures 26,636,674 6,058,847 32,695,521
<br /> Improvements other than buildings 11,385,776 13,214,332 24,600,108
<br /> Office equipment 657,196 - 657,196
<br /> Motor vehicles 3,879,691 - 3,879,691
<br /> Machinery and equipment 6,146,967 639,505 6,786,472
<br /> Infrastructure 28,922,328 - 28,922,328
<br /> Water and sewer lines - 45,346,485 45,346,485
<br /> Less accumulated depreciation (25,078,364) (17,987,084) (43,065,448)
<br /> Total capital assets,net of depreciation 66,751,689 49,340,145 116,091,834
<br /> Total assets 108,187,105 84,022,527 192,209,632
<br /> Deferred outflows of resources
<br /> Pension plan deferments 949,100 57,996 1,007,096
<br /> Total assets and deferred outflows of resources $ 109,136,205 $ 84,080,523 $ 193,216,728
<br /> Liabilities
<br /> Accounts and contracts payable $ 1,224,137 $ 22,714 $ 1,246,851
<br /> Salaries and benefits payable 122,601 - 122,601
<br /> Accrued interest payable 87,509 - 87,509
<br /> Due to other governmental units 22,923 69,223 92,146
<br /> Unearned revenue - 6,566 6,566
<br /> Long-term liabilities
<br /> Due within one year 2,240,243 - 2,240,243
<br /> Due in more than one year 31,966,003 408,072 32,374,075
<br /> Total long-tern liabilities 34,206,246 408,072 34,614,318
<br /> Total liabilities 35,663,416 506,575 36,169,991
<br /> Deferred inflows of resources
<br /> Pension plan deferments 532,988 27,127 560,115
<br /> Net Position
<br /> Net investment in capital assets 41,216,689 49,340,145 90,556,834
<br /> Restricted for
<br /> Capital improvements 1,712,680 - 1,712,680
<br /> Debt service 1,653,255 - 1,653,255
<br /> Economic development 1,285,626 - 1,285,626
<br /> Housing and redevelopment 8,769,374 - 8,769,374
<br /> Lawful gambling 95,504 - 95,504
<br /> Public safety 80,269 - 80,269
<br /> Solid waste management - - -
<br /> Tax increment 4,833,433 - 4,833,433
<br /> Unrestricted 13,292,971 34,206,676 47,499,647
<br /> Total net position 72,939,801 83,546,821 $ 156,486,622
<br /> Total liabilities,deferred inflows of resources and net position $ 109,136,205 $ 84,080,523 $ 193,216,728
<br /> See notes to basic financial statements
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