Surface Internal
<br />Water Nonmajor Service
<br />Water Sewer Management Recycling Totals Funds
<br />Assets
<br />Current assets
<br />Cash and investments 1,220,491$ 388,656$ 33,410$ 146,555$ 1,789,112$ 432,865$
<br />Accrued interest receivable 3,978 1,346 197 479 6,000 1,305
<br />Accounts receivable
<br />Customers 526,637 489,678 217,874 17 1,234,206 –
<br />Customer accounts certified to county 34,825 35,972 5,820 4,603 81,220 –
<br />Due from other governmental units – – 32,960 – 32,960 –
<br />Prepaid items 300 300 300 – 900 –
<br />Inventory 7,381 – – – 7,381 –
<br />Total current assets 1,793,612 915,952 290,561 151,654 3,151,779 434,170
<br />Noncurrent assets
<br />Capital assets
<br />Buildings and structures 818,476 16,564 – – 835,040 –
<br />Distribution and collection systems 11,151,048 9,665,976 4,225,559 – 25,042,583 –
<br />Machinery and equipment 230,097 324,386 745 – 555,228 –
<br />Office furniture and equipment 5,216 3,199 – – 8,415 –
<br />Construction in progress 1,688,686 265,871 1,238,611 – 3,193,168 –
<br />Total capital assets 13,893,523 10,275,996 5,464,915 – 29,634,434 –
<br />Less accumulated depreciation (4,634,417) (4,139,811) (851,675) – (9,625,903) –
<br />Total capital assets
<br /> (net of accumulated depreciation)9,259,106 6,136,185 4,613,240 – 20,008,531 –
<br />Total assets 11,052,718 7,052,137 4,903,801 151,654 23,160,310 434,170
<br />Deferred outflows of resources
<br />Pension plan deferments – PERA 13,595 15,521 10,319 – 39,435 –
<br />Liabilities
<br />Current liabilities
<br />Accounts payable 18,628 4,438 17,262 8,313 48,641 87,408
<br />Due to other governmental units 339,955 33,998 17 23,024 396,994 12,443
<br />Accrued interest payable 32,813 5,104 – – 37,917 –
<br />Bonds payable 175,000 25,000 – – 200,000 –
<br />Compensated absences payable 12,934 14,539 9,931 1,588 38,992 1,731
<br />Total current liabilities 579,330 83,079 27,210 32,925 722,544 101,582
<br />Noncurrent liabilities
<br />Bonds payable 2,037,315 319,079 – – 2,356,394 –
<br />Compensated absences payable 4,311 4,846 3,310 529 12,996 577
<br />Net pension liability 171,028 195,254 129,808 – 496,090 –
<br />Total noncurrent liabilities 2,212,654 519,179 133,118 529 2,865,480 577
<br />Total liabilities 2,791,984 602,258 160,328 33,454 3,588,024 102,159
<br />Deferred inflows of resources
<br />Pension plan deferments – PERA 46,118 52,651 35,003 – 133,772 –
<br />Net position
<br />Net investment in capital assets 7,046,791 5,792,106 4,613,240 – 17,452,137 –
<br />Unrestricted 1,181,420 620,643 105,549 118,200 2,025,812 332,011
<br />Total net position 8,228,211$ 6,412,749$ 4,718,789$ 118,200$ 19,477,949$ 332,011$
<br />Business-Type Activities – Enterprise Funds
<br />CITY OF ARDEN HILLS
<br />Statement of Net Position
<br />Proprietary Funds
<br />as of December 31, 2019
<br />See notes to basic financial statements -19-
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