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<br />Note 3:
<br />
<br />CITY OF ARDEN HILLS, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />DECEMBER 31, 1999
<br />
<br />DETAILED NOTES ON ACCOUNTS - CONTINUED
<br />
<br />C, Aecounts Receivable
<br />
<br />Accounts receivable include amounts billed for services provided before year end, Unbilled utility enterprise
<br />fund receivables are also included for services provided in 1999,
<br />
<br />D, Due From Otber Governments
<br />
<br />The amount due from Ramsey County as of December 31,1999 in the General Fund is $68,365,
<br />E. Fixed Assets
<br />
<br />A summary of changes in general fixed assets for the year ended December 31,1999 is as follows:
<br />
<br /> Balance Balance
<br /> lanuarv 1 Additions Deletions December 31
<br />Land $ 829,712 $ 1,254,520 $ $ 2,084,232
<br />Buildings and structures 558,595 30,970 589,565
<br />Funriture, fixtures and office
<br />equipment 274,795 6,139 280,934
<br />Machinery and equipment 947,874 24,967 13,434 959,407
<br />Other improvements 13.772.413 988.151 14.760,564
<br />Total $ 16383389 $ 2,304747 $ 13 434 $ 18674 702
<br />
<br />The following is a summary of proprietary fund type fixed assets at December 31, 1999:
<br />
<br />Funriture and equipment
<br />Distributions and collection
<br />system
<br />
<br /> Surface
<br /> Water
<br /> Water Sewer Manallement Total
<br />$ 124,665 $ 361,532 $ 50,075 $ 536,272
<br /> 5.823.804 4.603,096 10.426.900
<br /> 5,948,469 4,964,628 50,075 10,963,172
<br /> (1.397,995 ) (2.033.575 ) (27.710) (3.459,280)
<br />$ 4 550474 $2,931.053 $ 22 365 $ 7,503,892
<br />
<br />Total
<br />Less accumulated depreciation
<br />
<br />Net
<br />
<br />F,
<br />
<br />Interfund Receivables and Payables
<br />
<br />The composition ofinterfund balances at December 31,1999 are as follows:
<br />
<br />Receivable Fund
<br />
<br />Pavable Fund
<br />
<br />Amount
<br />
<br />Capital Projects Fund
<br />Permanent Improvement
<br />Revolving
<br />
<br />Special Revenue Fund
<br />Economic Development Fund
<br />
<br />$1 065000
<br />
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