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CITY OF RAMSEY <br />Statement of Net Position <br />December 31, 2022 <br />Governmental Business -Type <br />Assets <br />Cash and temporary investments <br />$ 59,623,512 <br />$ <br />42,104,144 <br />$ <br />101,727,656 <br />Receivables <br />Unremitted taxes <br />282,227 <br />- <br />282,227 <br />Delinquent taxes <br />106,749 <br />- <br />106,749 <br />Unremitted special assessments <br />3,759 <br />- <br />31759 <br />Delinquent special assessments <br />2,716 <br />9,464 <br />125180 <br />Deferred special assessments <br />835,422 <br />269,059 <br />111049481 <br />Accounts <br />95,472 <br />19698,525 <br />117939997 <br />Interest <br />553,262 <br />- <br />5539262 <br />Internal balances <br />(258,148) <br />258,148 <br />- <br />Leases <br />1,379,641 <br />- <br />11379,641 <br />Due from other governmental units <br />20408 <br />27,468 <br />2,1121136 <br />Prepaids <br />36,910 <br />94,908 <br />131,818 <br />Land held for resale <br />700,728 <br />- <br />700,728 <br />Capital assets <br />Not depreciated <br />10,772,232 <br />2,329,071 <br />13,101,303 <br />Depreciated <br />77,499,164 <br />61J57,637 <br />138,65601 <br />Total capital assets, net of depreciation <br />88,271,396 <br />631486,708 <br />15137581104 <br />Total assets <br />1605898,314 <br />1071948,424 <br />26818461738 <br />Deferred outflows of resources <br />OPEB plan deferments <br />539,144 <br />- <br />5391144 <br />Pension plan deferments <br />95240,986 <br />232,460 <br />91473446 <br />Total deferred outflows of resources <br />95780,130 <br />232,460 <br />10,0121590 <br />Total assets and deferred outflows of resources <br />$ 170,678444 <br />$ <br />108,180,884 <br />$ <br />278,859,328 <br />Liabilities <br />Accounts and contracts payable <br />$ 445,796 <br />$ <br />45,927 <br />$ <br />491,723 <br />Salaries and benefits payable <br />3445715 <br />- <br />3441715 <br />Accrued interest payable <br />84,282 <br />- <br />841282 <br />Deposits payable <br />4,836,961 <br />- <br />418361961 <br />Due to other governmental units <br />4,948 <br />35,014 <br />391962 <br />Unearned revenue <br />75000 <br />- <br />7501000 <br />Long-term liabilities <br />Due within one year <br />311901452 <br />- <br />311901452 <br />Due in more than one year <br />5110381549 <br />716,367 <br />5117541916 <br />Total long-term liabilities <br />5412291001 <br />716,367 <br />5419451368 <br />Total liabilities <br />6016951703 <br />7971308 <br />6114931011 <br />Deferred inflows of resources <br />Leases receivable for subsequent years <br />1,379,641 <br />- <br />1,3791641 <br />OPEB plan deferments <br />611,952 <br />- <br />6111952 <br />Pension plan deferments <br />164,764 <br />17,232 <br />1811996 <br />Total deferred inflows of resources <br />251565357 <br />17,232 <br />211731589 <br />Net Position <br />Net investment in capital assets <br />63,796,121 <br />639486,708 <br />12712821829 <br />Restricted for <br />Street improvements <br />3,960,405 <br />- <br />319601405 <br />Debt service <br />853,354 <br />- <br />853,354 <br />Economic development <br />1,352,556 <br />- <br />1,352,556 <br />Housing and redevelopment <br />8,148,079 <br />- <br />8,148,079 <br />Recreation/community programs <br />434,946 <br />- <br />434,946 <br />Law enforcement programs <br />34,066 <br />- <br />341066 <br />Tax increment <br />558415078 <br />- <br />518411078 <br />Unrestricted <br />2354055779 <br />431879,636 <br />6712851415 <br />Total net position <br />1075826,384 <br />1071366,344 <br />21511921728 <br />Total liabilities, deferred inflows of resources and net position <br />$ 170,678,444 <br />$ <br />108,18004 <br />$ <br />278185%328 <br />See notes to basic financial statements <br />39 <br />