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CITY OF RAMSEY
<br />Statement of Net Position
<br />Proprietary Funds
<br />December 31, 2023
<br />Business -Type Activities - Enterprise Funds
<br />Street Light
<br />Water Utility Sewer Utility Utility
<br />Assets
<br />Current assets
<br />Cash and temporary investments $ 26,287,609 $ 11,307,068 $ 1,438,160
<br />Receivables
<br />Delinquent special assessments 5,895 5,895
<br />Deferred special assessments 146,176 153,699 -
<br />Accounts 747,799 628,221 74,459
<br />Due from other governmental units - -
<br />Prepaids 105,020
<br />Total current assets 27,187,479 12,199,903 1,512,619
<br />Noncurrent assets
<br />Advances to other Funds
<br />Capital assets
<br />Land
<br />Construction in progress
<br />Buildings and structures
<br />Improvements other than buildings
<br />Machinery and equipment
<br />Water and sewer lines
<br />Less accumulated depreciation
<br />Net capital assets
<br />218,810
<br />868,513
<br />7,424,941
<br />6,177,522
<br />233,756
<br />34,684, 805
<br />49,389,537
<br />14,220,024
<br />138,216
<br />625,948
<br />31,766,421
<br />32,530,585
<br />11,160, 803
<br />1,135,881
<br />1,135,881
<br />763,855
<br />35,169,513 21,369,782 372,026
<br />Total noncurrent assets 35,388,323 21,369,782 372,026
<br />Total assets 62,575,802 33,569,685 1,884,645
<br />Deferred Outflows of Resources
<br />Pension plan deferments
<br />73,650 42,086
<br />Total assets and deferred outflows of resources $ 62,649,452 $ 33,611,771 $ 1,884,645
<br />Liabilities
<br />Current liabilities
<br />Accounts and contracts payable $ 1,438,913 $ 80,874 $ 10,261
<br />Due to other governmental units 46,079 9,841 128
<br />Unearned revenue 1,470
<br />Total current liabilities 1,484,992 90,715 11,859
<br />Noncurrent liabilities
<br />Net pension liability
<br />Total liabilities
<br />Deferred Inflows of Resources
<br />Pension plan deferments
<br />242,688 138,679
<br />1,727,680 229,394 11,859
<br />82,032 46,875
<br />Net Position
<br />Net investment in capital assets 33,820,835 21,295,953 372,026
<br />Unrestricted 27,018,905 12,039,549 1,500,760
<br />Total net position 60,839,740 33,335,502 1,872,786
<br />Total liabilities, deferred inflows of resources and net position $ 62,649,452 $ 33,611,771 $ 1,884,645
<br />See notes to basic fmancial statements
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