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Assets <br />Cash and temporary investments <br />Receivables <br />Unremitted taxes <br />Delinquent taxes <br />Unremitted special assessments <br />Delinquent special assessments <br />Deferred special assessments <br />Accounts <br />Notes <br />Interest <br />Due from other funds <br />Due from other governmental units <br />Prepaids <br />Land held for resale <br />CITY OF RAMSEY <br />Balance Sheet <br />Governmental Funds <br />December 31, 2016 <br />General <br />Special Revenue Funds Debt Service Fund <br />2012A <br />COR G.O. Improvement <br />Tax Increment Land Bond Refund <br />$ 8,226,609 $ 5,025,072 $ 9,355 $ 716,679 <br />99,225 32,029 12,842 <br />115,315 5,949 13,418 <br />16,822 <br />206,503 <br />16,419 <br />15,431 <br />10,300,616 <br />Total assets $ 8,696,324 $ 5,063,050 $ 10,309,971 $ 742,939 <br />Liabilities <br />Accounts and contracts payable $ 232,200 $ 36,773 $ $ <br />Salaries and benefits payable 124,011 <br />Due to other governmental units 5,477 3,243 <br />Due to other funds - 19,872 - <br />Advances from other funds 701,928 1,772,270 <br />Total liabilities 1,063,616 59,888 1,772,270 <br />Deferred inflows of resources <br />Unavailable revenue - property taxes 115,315 5,949 13,418 <br />Unavailable revenue - special assessments - <br />Unavailable revenue - notes receivable - <br />Total deferred inflows of resources 115,315 5,949 13,418 <br />Fund balances (deficits) <br />Nonspendable 15,431 - - - <br />Restricted 4,997,213 8,537,701 729,521 <br />Committed - - - <br />Assigned - <br />Unassigned 7,501,962 - - - <br />Total fund balances (deficits) 7,517,393 4,997,213 8,537,701 729,521 <br />Total liabilities, deferred inflows of <br />resources, and fund balances $ 8,696,324 $ 5,063,050 $ 10,309,971 $ 742,939 <br />See notes to basic financial statements <br />42 <br />