|
1
<br />CITY OF RAM EY
<br />Enterprise Fun i s
<br />Combining Balanc Sheet
<br />As of December 31, 2002
<br />(with Comparative Totals as of End • d December 31, 2001)
<br />1
<br />Water Sewer Street
<br />Utility Utility Light
<br />Assets
<br />Cunent assets
<br />Cash and temporary investments $ 4,571,548 $ 2,445,727 $ 285,562
<br />Receivables
<br />Deferred special assessments 42,568 19,125 — 1
<br />Accounts 110,788 173,961 23,704
<br />Due from other funds — — —
<br />Due from other governmental units — 120 — 1
<br />Inventory 9,174 — —
<br />Prepaids — 21,697 —
<br />Total current assets 4,734,078 2,660,630 309,266
<br />Property, plant, and equipment
<br />Land 100,000 — —
<br />Buildings and structures 2,554,881 — —
<br />Machinery and equipment 95,724 34,387 — 1
<br />Water and sewer lines 11,078,194 10,644,743 —
<br />Improvements other than buildings — — 315,082
<br />13,828,799 10,679,130 315,082 I
<br />Less accumulated depreciation 1,909,918 1,736,420 81,861
<br />Net property, plant, and equipment 11,918,881 8,942,710 233,221
<br />Total assets $ 16,652,959 $ 11,603,340 $ 542,487 1
<br />Liabilities and Fund Equity
<br />Current liabilities 1
<br />Accounts payable $ 44,725 $ 85 $ 6,142
<br />Salaries payable — — — I
<br />Due to other funds — — —
<br />Due to other governmental units 5,821 12,000 —
<br />Deferred revenue — — 16,020
<br />Total current liabilities 50,546 12,085 22,162 1
<br />Fund equity
<br />Contributed capital 10,736,781 8,640,452 129,383 1
<br />Contributed capital reserved
<br />for future construction 2,614,691 645,308 —
<br />Retained earnings
<br />Unreserved 3,250,941 2,305,495 390,942 1
<br />Total fund equity 16,602,413 11,591,255 520,325
<br />Total liabilities and fund equity $ 16,652,959 $ 11,603,340 $ 542,487
<br />-76-
<br />1
<br />
|