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Assets
<br />CITY OF RAMSEY
<br />General Fund
<br />Comparative Balance Sheet
<br />As of December 31, 2000 and 1999
<br />Exhibit B -1
<br />2000 1999
<br />Cash and temporary investments $ 3,760,558 $ 3,372,261
<br />Receivables
<br />Unremitted taxes 41,994 42,853
<br />Delinquent taxes 74,366 145,767
<br />Accounts 55,711 49,349
<br />Allowance for doubtful accounts (48,499) (47,835)
<br />Interest 258,378 182,333
<br />Due from other governmental units 20,305 13,154
<br />Inventory 821 963
<br />Prepaids 45,538 5,439
<br />Total assets $ 4,209,172 $ 3,764,284
<br />Liabilities and Fund Balance
<br />Liabilities
<br />Accounts payable $ 61,793 $ 29,444
<br />Salaries and compensated absences payable 117,745 101,252
<br />Due to other funds 697,456 741,314
<br />Due to other governmental units 20,872 9,382
<br />Deferred revenue 74,366 145,767
<br />Total liabilities 972,232 1,027,159
<br />Fund balance
<br />Reserved for prepaid items 45,538 5,439
<br />Unreserved
<br />Designated for compensated absences 240,590 212,445
<br />Designated for working capital 2,449,170 1,999,795
<br />Undesignated 501,642 519,446
<br />Total fund balance 3,236,940 2,737,125
<br />Total liabilities and fund balance $ 4,209,172 $ 3,764,284
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