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ASSETS <br />Current Assets: <br />Cash and investments <br />Accounts receivable <br />Other assets <br />Total Current Assets <br />Property and Equipment, at Cost: <br />Machinery and equipment <br />Sewer lines <br />Less accumulated depreciation <br />Net Property and Equipment <br />Total Assets <br />LIABILITIES AND FUND EQUITY <br />Liabilities: <br />Accounts payable <br />Due to other governmental units <br />Total Liabilities <br />CITY OF RAMSEY, MINNESOTA Exhibit F -7 <br />SEWER UTILITY FUND <br />COMPARATIVE BALANCE SHEET <br />As of December 31, 1994 and 1993 <br />Fund Equity: <br />Contributed capital 4,334,047 4,119,794 <br />Contributed capital reserved for future construction 236.208 32.079 <br />Total Contributed Capital 4,570,255 4,151,873 <br />Retained earnings (deficit) <br />Unreserved (176.487) (174.017) <br />Total Fund Equity 4.393.768 3.977.856 <br />Total Liabilities and Fund Equity $ 4,406.139 $ 4.044.290 <br />1994 1993 <br />$ 398,805 $ 173,733 <br />55,484 49,032 <br />9,786 5.481 <br />464.075 228.246 <br />$ 4.406.139 $ 4.044.290 <br />194,557 194,557 <br />4.143.392 3.929.139 <br />4,337,949 4,123,696 <br />395.885 307.652 <br />3.942.064 3.816.044 <br />21 $ -- <br />12.350 66.434 <br />12.371 66.434 <br />