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Exhibit F-6
<br />CITY OF RAMSEY
<br />Sewer Utility Fund 1
<br />Comparative Balance Sheet
<br />As of December 31, 2001 and 2000
<br />2001 2000
<br />Assets
<br />Current assets
<br />Cash and temporary investments $ 1,895,786 $ 1,505,506
<br />Receivables
<br />Deferred special assessments 23,792 25,676
<br />Accounts 160,780 144,059
<br />Due from other governmental units 437 330
<br />Prepaids 25,814 19,804
<br />Total current assets 2,106,609 1,695,375
<br />Property, plant, and equipment
<br />Machinery and equipment 34,387 10,190
<br />Sewer lines 9,003,796 8,709,424
<br />9,038,183 8,719,614
<br />Accumulated depreciation 1,520,763 1,337,555
<br />Net property, plant, and equipment 7,517,420 7,382,059
<br />Total assets $ 9,624,029 $ 9,077,434
<br />Liabilities and Fund Equity
<br />Current liabilities
<br />Accounts payable $ 68 $ 88
<br />Salaries payable 125 23
<br />Due to other governmental units 43,700 33,000
<br />Total current liabilities 43,893 33,111
<br />Fund equity
<br />Contributed capital 8,584,265 8,381,001
<br />Contributed capital reserved
<br />for future construction 737,971 645,308
<br />Retained earnings
<br />Unreserved 257,900 18,014
<br />Total fund equity 9,580,136 9,044,323
<br />Total liabilities and fund equity $ 9,624,029 $ 9,077,434
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