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Assets <br />Cash and temporary investments <br />Receivables <br />Unremitted taxes <br />Delinquent taxes <br />Unremitted special assessments <br />Delinquent special assessments <br />Deferred special assessments <br />Accounts <br />Interest <br />Leases <br />Due from other governmental units <br />Advances to other funds <br />Prepaids <br />Land held for resale <br />CITY OF RAMSEY <br />Balance Sheet <br />Governmental Funds <br />December 31, 2024 <br />Special Revenue Funds <br />Formerly <br />Non -major <br />Fund <br />COR Developer's Private <br />General Tax Increment Land Fees Developer <br />$ 13,542,157 $ 5,712,107 $ 2,669,042 $ 1,738,063 $ 2,132,713 <br />182,812 3,616 <br />130,438 15,096 <br />207 <br />3,767 <br />50,715 <br />22,858 <br />310,689 <br />1,032,565 <br />7,969 <br />13,012 <br />5,928,224 <br />6,419 <br />Total assets $ 15,297,189 $ 5,730,819 $ 8,597,266 $ 1,738,063 $ 2,139,132 <br />Liabilities <br />Accounts and contracts payable $ 207,189 $ 78,176 $ $ 680,452 $ 412 <br />Salaries and benefits payable 498,863 <br />Deposits payable 40,395 2,138,582 <br />Due to other governmental units 8,884 142 — 903 138 <br />Advances from other funds 2,274,892 <br />Total liabilities 755,331 2,353,210 681,355 2,139,132 <br />Deferred inflows of resources <br />Leases receivable for subsequent years 1,032,565 <br />Unavailable revenue - MSA allocation <br />Unavailable revenue - property taxes 130,438 15,096 <br />Unavailable revenue - special assessments 54,482 <br />Total deferred inflows of resources 1,217,485 15,096 <br />Fund balances <br />Nonspendable 13,012 <br />Restricted 3,362,513 5,928,224 <br />Committed 1,056,708 <br />Assigned 2,669,042 <br />Unassigned 13,311,361 <br />Total fund balances 13,324,373 3,362,513 8,597,266 1,056,708 <br />Total liabilities, deferred inflows of <br />resources, and fund balances $ 15,297,189 $ 5,730,819 $ 8,597,266 $ 1,738,063 $ 2,139,132 <br />See notes to basic financial statements <br />42 <br />