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CITY OF RAMSEY <br /> <br />Statement of Net Assets <br />December 31,2004 <br /> <br />Assets <br /> Cash and tempormy investments <br /> Receivables <br /> Unremitted taxes <br /> Delinquent taxes <br /> Unremitted special assessments <br /> Delinquent special assessments <br /> Deferred special assessments <br /> Accounts and interest receivable (net of allowance for uncollectible) <br /> Interest <br /> Due from other governmental units <br /> Inventory <br /> Prepalds <br /> Land held for resale <br /> <br />Restricted assets - temporarily restricted <br /> Cash and investments for debt service <br /> <br />Capital assets <br /> Land <br /> Construction in progress <br /> Buildings and structures <br /> Improvements other than buildings <br /> Office equipment <br /> Motor vehicles <br /> Machinery and equipment <br /> Infrastructure <br /> Water and sewer lines <br /> Less accumulated depreciation <br /> Total capital assets, net of depreciation <br /> <br />Total assets <br /> <br />Governmental <br />Activities <br /> <br />$ 27,282,299 <br /> <br /> 135,698 <br /> 151,994 <br /> 2,037 <br /> 5,778 <br /> 578,021 <br /> 153,082 <br /> 242,359 <br /> 177,391 <br /> <br /> 4,702 <br /> 349,268 <br /> <br />1,236,332 <br /> <br />1,206,182 <br />6,644,733 <br />3,767,836 <br />920,934 <br />217,914 <br />2,975,213 <br />1,945,028 <br />2,437,742 <br /> <br />(3,826,006) <br />16,289,576 <br /> <br />$ 46,608,537 <br /> <br />Business-Type <br />Activities <br /> <br />$ 12,676,732 <br /> <br /> 41,574 <br /> 624,750 <br /> <br /> 14,989 <br /> 2,563 <br /> 26,814 <br /> <br /> 100,000 <br /> 54,941 <br /> 2,509,688 <br /> 6,089,084 <br /> <br /> 161,957 <br /> <br />27,963,825 <br />(5,215,275) <br />31,664,220 <br /> <br />$ 45,051,642 <br /> <br />Total <br /> <br />39,959,031 <br /> <br />135,698 <br />151,994 <br />2,037 <br />5,778 <br />619,595 <br />777,832 <br />242,359 <br />192,380 <br />2,563 <br />31,516 <br />349,268 <br /> <br />1,236,332 <br /> <br /> 1,306,182 <br /> 6,699,674 <br /> 6,277,524 <br /> 7,010,018 <br /> 217,914 <br />2,975,213 <br />2,106,985 <br />2,437,742 <br />27,963,825 <br />(9,041,281) <br />47,953,796 <br /> <br />$ 91,660,179 <br /> <br />Liabilities <br />Accounts and contracts payable $ 1,586,030 $ 36,669 $ 1,622,699 <br />Salaries and benefits payable 108,820 - 108,820 <br />Accrued interest payable 110,607 - 110,607 <br />Due to other governmental units 43,496 35,865 79,361 <br />Unearned revenue 1,503,821 33,810 1,537,631 <br /> <br />-12- <br /> <br />Long-term liabilities <br /> Due within one year <br /> Due in more than one year <br /> Total long-term liabilities <br /> <br />Total liabilities <br /> <br />Net assets <br /> Invested in capital assets, net of related debt <br /> Restricted for <br /> Debt service <br /> Tax increment <br /> Capital improvements <br /> Other special purposes <br /> Unrestricted <br /> Total net assets <br /> <br />106,344 <br /> <br />31,664,220 <br />13,281,078 <br /> <br /> 44,945,298 <br />$ 45,051,642 <br /> <br />Total liabilities and net assets <br /> <br />See notes to basic financial statements <br /> <br />3,105,585 <br />8,947,534 <br />12,053,119 <br /> <br />15,405,893 <br /> <br /> 8,768,136 <br /> <br />10,211 <br />3,175,316 <br />324,953 <br />4,086,915 <br />14,837,113 <br /> <br /> 31,202,644 <br />$ 46,608,537 <br /> <br />3,105,585 <br />8,947,534 <br /> <br />12,053,119 <br /> <br />15,512,237 <br /> <br />40,432,356 <br /> <br />10,211 <br />3,175,316 <br />324,953 <br />4,086,9t5 <br />28,118,191 <br /> <br /> 76,147,942 <br />$ 91,660,179 <br /> <br /> <br />