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CITY OF RAMSEY, MINNESOTA Exhibit F-1 <br />' ENTERPRISE FUNDS <br />COMBINING BALANCE SHEET <br />As of December 31, 1997 <br />(With Comparative Totals as of December 31, 1996) <br />Totals <br /> ASSETS <br /> Current Assets: <br /> Cash and investments <br /> Special assessments - <br /> Deferred <br />~'I' Accounts receivable <br /> Due from other funds <br /> Due from other governmental units <br />II Inventories, water meters <br />' Other assets <br />I Total Current Assets <br />Property and Equipment, at Cost: <br />Buildings and structures <br /> Machinery and equipment <br /> Water and sewer lines <br /> Improvements other than buildings <br /> Less accumulated depreciation <br /> Net Property and Equipment <br /> <br /> Total Assets <br />Water Sewer Street Recycling <br />Utility Utility Light Utility 1997 1996 <br />$2,498,043 $ 775,679 $ 82,706 $ 786 $ 3,357,214 $ 2,740,32G <br />125,200 80,047 - - 205,247 - <br />85,094 105,376 17,046 19,458 226,974 310,390 <br />_ _ _ _ - 950,817 <br />- 323 - 38,441 38,764 10,693 <br />595 - - - 595 1,987 <br /> 18,248 _ - 18,248 12,634 <br />2,708,932 979,673 99,752 58,685 3,847,042 4,026,847 <br /> <br />748,631 - - - 748,631 748,631 <br />39,826 13,421 - - 53,247 48,199 <br />6,316,831 7,635,971 - - 13,952,802 12,864,336 <br />- - 158,993 - 158,993 139,490 <br />7,105,288 7,649,392 158,993 - 14,913,673 13,800,65G <br />857,393 829,339 25,362 - 1,712,094 1,397,743 <br />6,247,895 6,820,053 133,631 - 13,201,579 12,402,913 <br />$8,956,827 $7,799,726 $ 233,383 $ 58,685 $17,048,621 $16,429,760 <br />LIABILITIES AND FUND EQUITY <br /> Liabilities: <br /> <br />~ Accounts payable $ 5,634 $ 485 $ 4,091 $ 1,743 $ 11,953 $ 13,391 <br />' Salaries payable 617 38 - - 655 348 <br /> Due to other funds - - - - - 5,257 <br /> Due to other govemmental units 2,385 32,300 - - 34,685 28,412 <br /> Deferred revenue - - 18,676 - 18,676 23,582 <br />' Total Liabilities 8,636 32,823 22,767 1,743 65,969 70,990 <br />' Fund Equity: <br />Contributed capital <br />6,955,239 <br />7,553,871 <br />117,983 - <br />14,627,093 <br />13,528,627 <br /> Contributed capital reserved for future <br /> construction 1,511,503 351,876 - - 1,863,379 2,673,902 <br /> Total Contributed Capital 8,466,742 7,905,747 117,983 - 16,490,472 16,202,529 <br /> Retained earnings (deficit) <br /> Unreserved 481,449 (138,844) 92,633 56,942 492,180 156,241 <br /> Total Fund Equity 8,948,191 7,766,903 210,616 56,942 16,982,652 16,358,770 <br /> Total Liabilities and Fund Equity $8,956,827 $7,799,726 $ 233,383 $ 58,685 $17,048,621 $16,429,760 <br /> <br />~i <br />i ~ _ss_ <br />