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CITY OF RAMSEY
<br />Statement of Net Position
<br />December 31, 2019
<br />Governmental Business -Type
<br />Activities Activities
<br />Total
<br />Assets
<br />Cash and temporary investments $ 41,429,339 $ 44,952,149 $ 86,381,488
<br />Receivables
<br />Unremitted taxes 110,867 - 110,867
<br />Delinquent taxes 119,189 - 119,189
<br />Unremitted special assessments 1,873 - 1,873
<br />Delinquent special assessments 1,887 14,139 16,026
<br />Deferred special assessments 1,382,718 240,734 1,623,452
<br />Accounts 149,919 1,439,751 1,589,670
<br />Notes 94,640 - 94,640
<br />Interest 369,667 - 369,667
<br />Internal balances (826,541) 826,541 -
<br />Due from other governmental units 13,060 37,881 50,941
<br />Prepaids 25,441 71,783 97,224
<br />Land held for resale 9,084,886 - 9,084,886
<br />Capital assets
<br />Not depreciated 7,565,372 2,169,011 9,734,383
<br />Depreciated 59,217,945 53,406,200 112,624,145
<br />Total capital assets, net of depreciation 66,783,317 55,575,211 122,358,528
<br />Total assets 118,740,262 103,158,189 221,898,451
<br />Deferred outflows of resources
<br />OPEB plan deferments 27,297 - 27,297
<br />Pension plan deferments 2,745,148 128,436 2,873,584
<br />Total dcfcrrcd outflows of resources 2,772,445 128.436 2,900,881
<br />Total assets and dcfcrrcd outflows of resources $ 121,512,707 $ 103.286.625 $ 224,799,332
<br />Liabilities
<br />Accounts and contracts payable $ 185,761 $ 44,517 $ 230,278
<br />Salaries and benefits payable 227,914 - 227,914
<br />Accrued interest payable 59,972 - 59,972
<br />Deposits payable 4,100,667 - 4,100,667
<br />Due to other governmental units 5,524 30,702 36,226
<br />Unearned revenue 21,672 38,552 60,224
<br />Long-term liabilities
<br />Due within one year 2,846,655 - 2,846,655
<br />Due in more than one year 27,559,251 544,044 28,103,295
<br />Total long-terrn liabilities 30,405,906 544,044 30,949,950
<br />Total liabilities 35,007,416 657,815 35,665,231
<br />Deferred inflows of resources
<br />OPEB plan deferments
<br />Pension plan deferments
<br />Total deferred inflows of resources
<br />37,433 - 37,433
<br />4,043,743
<br />4,081,176
<br />59,806 4,103,549
<br />59,806 4,140,982
<br />Net Position
<br />Net investment in capital assets 44,658,317 55,575,211 100,233,528
<br />Restricted for
<br />Capital improvements 1,907,396 - 1,907,396
<br />Debt service 3,847,781 - 3,847,781
<br />Economic development 1,395,501 - 1,395,501
<br />Housing and redevelopment 8,629,937 - 8,629,937
<br />Recreation/community programs 332,098 - 332,098
<br />Law enforcement programs 38,616 - 38,616
<br />Tax increment 4,855,208 - 4,855,208
<br />Unrestricted 16,759,261 46,993,793 63,753,054
<br />Total net position 82,424,115 102,569,004 184,993,119
<br />Total liabilities, deferred inflows of resources and net position $ 121,512,707 $ 103,286,625 $ 224,799,332
<br />See notes to basic financial statements
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