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CCP 05-24-2004
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CCP 05-24-2004
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<br />. <br /> <br />. <br /> <br />. <br /> <br />Nnte3: <br /> <br />CITY OF ARDEN HILLS, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />DECEMBER 31, 2003 <br /> <br />DETAILED NOTES ON ALL FUNDS AND ACCOUNTS - CONTINUED <br /> <br />The fonowing is a surrrrnary of enterprise fund fixed assets at December 31,2003: <br /> <br />Water <br /> <br />Surface <br />Water <br />Momt <br /> <br />Total <br /> <br />Sewer <br /> <br /> Furniture and equipment $ 145,259 $ 361,870 $ 116,575 $ 623,704 <br /> Distributions and collection system 6.380.981 5.33 1.324 797.191 12.509.496 <br /> Total 6,526,240 5,693,194 913,766 13.133.200 <br /> Less accunmlated depreciation 0.717.544) (2401686) (52.216 ) (4.171.446) <br /> Net $ 4 808 696 $ 3291 508 L u8(>1550 $ 8961 754 <br />D. Interfund Receivables and Payables <br /> <br />The composition of interfund balances at December 31, 2003 is as fo11O\\'s: <br /> <br />Receivable Fnnd <br /> <br />Pavable FlUld <br /> <br />Amount <br /> <br />Capital projects <br />Permanent improvement revolving <br />Advance tn from other fund <br /> <br />Special revenue <br />Economic Development Authority <br /> <br />$ <br /> <br />797141 <br /> <br />E. Deferred Revenue <br /> <br />Deferred revenue at December 31) 2003 is comprised of the following: <br /> Special Capital <br /> General Revenue Prolccts Total <br />Delinquent taxes $ 1,563 $ 56,039 $ $ 57,602 <br />Special assessments <br />Deferred 556,575 556,575 <br />Licenses and other 43.313 43.313 <br />Total $ 44 876 L-56.039 $ )56575 $ 657 490 <br /> <br />-19- <br />
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