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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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