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Governmental Business-Type
<br />Activities Activities Total
<br />Assets
<br />Cash and investments 9,125,229$ 1,485,884$ 10,611,113$
<br />Accrued interest receivable 42,248 7,943 50,191
<br />Accounts receivable 644,383 1,250,348 1,894,731
<br />Taxes receivable 105,770 – 105,770
<br />Special assessments receivable 2,223,284 – 2,223,284
<br />Due from other governmental units 686,061 500,000 1,186,061
<br />Prepaid items 25,696 75 25,771
<br />Inventory – 8,402 8,402
<br />Capital assets
<br />Nondepreciable 8,030,079 3,328,994 11,359,073
<br />Depreciable, net of accumulated depreciation 18,942,819 16,538,874 35,481,693
<br />Total assets 39,825,569 23,120,520 62,946,089
<br />Deferred outflows of resources
<br />Pension plan deferments – PERA 183,899 47,339 231,238
<br />Liabilities
<br />Accounts payable 756,926 148,872 905,798
<br />Salaries payable 31,399 20,323 51,722
<br />Deposits payable 506,021 – 506,021
<br />Due to other governmental units 660,739 1,126,730 1,787,469
<br />Accrued interest payable – 40,902 40,902
<br />Unearned revenue 101,132 – 101,132
<br />Long-term liabilities
<br />Due within one year 58,727 35,058 93,785
<br />Due in more than one year 832,779 2,979,809 3,812,588
<br />Total long-term liabilities 891,506 3,014,867 3,906,373
<br />Total liabilities 2,947,723 4,351,694 7,299,417
<br />Deferred inflows of resources
<br />Pension plan deferments – PERA 318,242 190,981 509,223
<br />State aid received for subsequent years 23,171 – 23,171
<br />Total deferred inflows of resources 341,413 190,981 532,394
<br />Net position
<br />Net investment in capital assets 26,972,898 17,295,916 44,268,814
<br />Restricted for
<br />Tax increment purposes 747,898 – 747,898
<br />Cable TV 262,623 – 262,623
<br />Unrestricted 8,736,913 1,329,268 10,066,181
<br />Total net position 36,720,332$ 18,625,184$ 55,345,516$
<br />CITY OF ARDEN HILLS
<br />Statement of Net Position
<br />as of December 31, 2018
<br />See notes to basic financial statements -14-
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