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CITY OF RAMSEY, MINNESOTA <br />RECYCLING UTILITY FUND <br />COMPARATIVE BALANCE SHEET <br />As of December 31, 1996 AND 1995 <br />1996 <br />ASSETS <br />Current Assets: <br />Cash and investments <br />Accounts receivable <br />Due from other governmental units <br />Total Current Assets <br />LIABILITIES AND FUND EQUITY <br />Liabilities: <br />Accounts payable <br />Due to other funds <br />Due to other governments <br />Total Liabilities <br />Fund Equity: <br />Retained earnings <br />Unreserved <br />Total Liabilities and Fund Equity <br />1995 <br />$ - $ 782 <br />29,187 13,924 <br />10,693 12,199 <br />$ 39,880 $ 26,905 <br />$ 3,181 $ 7,315 <br />5,257 - <br />329 - <br />8,767 7,315 <br />31,113 19,590 <br />$ 39,880 $ 26,905 <br />Exhibit F-13 <br />-80- <br />