<br /> CITY OF ARDEN HILLS, MINNESOTA I
<br /> ENTERPRISE FUNDS
<br /> COMBINING BALANCE SHEET .
<br /> DECEMBER 31, 2002
<br /> (With comparative totals for December 31 , 2001) -.
<br /> Surface
<br /> Water
<br /> Water Sewer Recycling Management
<br />ASSETS I
<br />CURRENT ASSETS
<br />Cash and temporary investments $ 1,465,220 $ 1,562,147 $ 55,049 S 567,804
<br />Receivables .
<br />Interest 7,301 7,718 299 2,885
<br />Accounts 103,834 110,090 36,138
<br />Special assessments 13,256 13,256 50,184
<br />Inventory 2,422 I
<br />Prepaid items 188 187
<br />TOTAL CURRENT ASSETS 1,592,221 1,693,398 105,532 606,827 .
<br />FIXED ASSETS
<br />Furniture and equipment 124,665 361,532 116,575
<br />Collection and distribution system 6.138.562 4,853,783 I
<br />TOTAL FIXED ASSETS 6,263,227 5,215,315 116,575
<br />LESS ACCUMULATED DEPRECIATION (1,628,471) (2,311,795) (50,423) I
<br />TOTAL FIXED ASSETS, NET 4,634,756 2,903,520 66,152
<br />TOTAL ASSETS $ 6,226,977 $ 4,596,918 $ 105,532 $ 672,979 ..
<br />LIABILITIES AND FUND EQUITY
<br />LIABILITIES .
<br />Accounts payable $ 2,669 $ 72,182 $ $ 467
<br />Due to other governments 130,51 I 390 973
<br />Accrued salaries and compensated absences payable 19,125 20,983 1,110 6,496
<br />Deferred revenue 2,720 2,720 49,336 I
<br />TOTAL LIAl3lLITIES 155,025 96,275 51,419 6,963
<br />FUND EQUITY I
<br />Contributed capital 4,088,339 2,424,318
<br />Retained earnings
<br />Unreserved 1,983,613 2,076,325 54,113 666,016 .
<br />TOTAL FUND EQUITY 6,071,952 4,500,643 54,113 666,016
<br />TOTAL LIABILITIES AND FUND EQUITY $ 6,226,977 $ 4,596,9 I 8 $ 105,532 $ 672,979 .
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