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CCP 05-27-1997
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CCP 05-27-1997
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<br />I <br />I. CITY OF ARDEN HIlLS, MINNESOTA <br /> NOTES TO FINANCIAL STATEMENTS <br />1 DECEMBER31,I996 <br /> Note 3: DETAILED NOTES ON ACCOUNTS - CONTINUED <br />1 F. Deferred Revenue <br /> Deferred revenue at December 31, 1996 is comprised of the following: <br />I Debt Capital <br /> General Service Proiects Enteq)ri~e Total <br />I Delinquent taxes $ 13 344 $ - $ - $ - $ 13344 <br /> Special assessments <br /> Delinquent - 153 34 494 5436 40 083 <br /> Deferred - 93142 601400 73316 767 858 <br />I Other 22 082 - - - 22 082 <br /> Total $ 35 426 $ 93 295 $ 635 894 $ 78 752 $ 843 367 <br />I G. Fund Equity Reservations and Designations <br />I The components of fund equity are descn'bed in Note I. Certain reserves and designations have been made in <br /> the following fund: <br /> Reserved <br />I. Pumme Ammmt <br /> General Fund Compensated Absences $ 21681 <br />I Capital Projects Fund <br /> Pennanent Improvement <br /> Revolving Interfund loan 325 000 <br />I Total $ 346681 <br /> Designated <br />I General Fund Working capital $ 519 ]85 <br /> I. Contributed Capital <br />I The changes in the City's contributed capital accounts of its proprietary funds were as follows: <br /> Source..c; Water Sewer Total <br />I Beginning balance, contributed capital $4 316 743 $2439423 $6 756 166 <br />I Less depreciation on contributed assets (49432) (56579) (]06 011) <br /> Ending balance, contributed capital $4 267311 $2 382 844 $6 650 155 <br />I <br />,. <br />I -17- <br /> -- ----- <br />
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