|
CITY OF RAMSEY
<br /> Balance Sheet
<br /> Governmental Funds
<br /> December 31, 2023
<br />COR Private
<br />General Tax Increment Land Developer
<br />Assets
<br />Cash and temporary investments 12,382,617$ 7,300,036$ 1,332,325$ 2,556,174$
<br />Receivables
<br />Unremitted taxes – 201,156 – –
<br />Delinquent taxes 200,932 229,616 – –
<br />Unremitted special assessments – – – –
<br />Delinquent special assessments – – – –
<br />Deferred special assessments 29,870 – – –
<br />Accounts 43,947 – – 42,943 Notes – – – –
<br />Interest 451,108 – – –
<br />Leases 810,769 – – –
<br />Due from other governmental units 11,697 – – –
<br />Due from other funds – – – –
<br />Prepaids 28,616 – – –
<br />Land held for resale – – 7,010,978 –
<br />Total assets 13,959,556$ 7,730,808$ 8,343,303$ 2,599,117$
<br />Liabilities
<br />Accounts and contracts payable 157,931$ 545,800$ –$ 2,146$
<br />Salaries and benefits payable 389,062 – – –
<br />Deposits payable 67,792 – – 2,596,971
<br />Due to other governmental units 37,285 200,380 – –
<br />Due to other funds – 25,000 – –
<br />Advances from other funds – – – –
<br />Unearned revenue – – – –
<br />Total liabilities 652,070 771,180 – 2,599,117
<br />Deferred inflows of resources
<br />Leases receivable for subsequent years 810,769 – – –
<br />Unavailable revenue - MSA allocation – – – –
<br />Unavailable revenue - property taxes 200,932 229,616 – –
<br />Unavailable revenue - special assessments 29,870 – – –
<br />Total deferred inflows of resources 1,041,571 229,616 – –
<br />Fund balances
<br />Nonspendable 28,616 – – –
<br />Restricted – 6,730,012 7,010,978 –
<br />Committed – – – –
<br />Assigned – – 1,332,325 –
<br />Unassigned 12,237,299 – – –
<br />Total fund balances 12,265,915 6,730,012 8,343,303 –
<br />Total liabilities, deferred inflows of
<br /> resources, and fund balances 13,959,556$ 7,730,808$ 8,343,303$ 2,599,117$
<br />See notes to basic financial statements
<br />Special Revenue Funds
<br />42
|