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CITY OF RAMSEY
<br />Enterprise Funds
<br />Combining Balance Sheet
<br />As of December 31, 1999
<br />(with Comparative Totals as of Ended December 31, 1998)
<br />Water Sewer Street Recycling
<br />Utility Utility Light Utility
<br />Assets
<br />Exhibit F-1
<br />Totals
<br />1999 1998
<br />Current assets
<br />Cash and temporary investments $ 3,133,612 $ 1,394,459 $ 162,913 $ 32,465 $ 4,723,449 $ 4,103,039
<br />Receivables
<br />Deferred special assessments 91,553 41,133 - - 132,686 178,432
<br />Accounts 104,077 163,778 20,307 31,995 320,157 292,612
<br />Due from other governmental units - 430 - 17,587 18,017 18,444
<br />Inventory 10,993 - - - 10,993 4,086
<br />Prepaids - 31,640 - - 31,640 27,446
<br />Total current assets 3,340,235 1,631,440 183,220 82,047 5,236,942 4,624,059
<br />Property, plant, and equipment
<br />Buildings and structures 748,631 - - - 748,631 748,631
<br />Machinery and equipment 39,826 13,421 - - 53,247 53,247
<br />Water and sewer lines 7,693,541 8,226,370 - - 15,919,911 15,653,028
<br />Improvements other than buildings - - 170,292 - 170,292 167,593
<br /> 8,481,998 8,239,79] 170,292 - 16,892,081 16,622,499
<br />Accumulated depreciation 1,203,761 1,161,445 42,240 - 2,407,446 2,053,915
<br />Net property, plant,
<br />and equipment 7,278,237 7,078,346 128,052 - 14,484,635 14,568,584
<br />Total assets $ 10,618,472 $ 8,709,786 $ 311,272 $ 82,047 $ 19,721,577 $ 19,192,643
<br />Liabilities and Fund Equity
<br />Current liabilities
<br />Accounts payable $ 41,643 $ 41,635 $ 4,632 $ 1,808 $ 89,718 $ 18,992
<br />Salaries payable - - - - - 907
<br />Due to other govemmental units 5,000 43,050 - - 48,050 76,988
<br />Deferred revenue - - 6,030 - 6,030 13,973
<br />Total current liabilities 46,643 84,685 10,662 1,808 143,798 110,860
<br />Fund equity (deficit)
<br />Contributed capital 8,331,949 8,140,270 124,883 - 16,597,102 16,327,519
<br />Contributed capital reserved
<br />for future construction 2,310,866 535,041 - - 2,845,907 2,437,026
<br />Retained earnings
<br />Unreserved (70,986) (50,210) 175,727 80,239 134,770 317,238
<br />Total fund equity 10,571,829 8,625,101 300,610 80,239 19,577,779 19,081,783
<br />Total liabilities and
<br />fund equity $ 10,618,472 $ 8,709,786 $ 311,272 $ 82,047 $ 19,721,577 $ 19,192,643
<br />-63-
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