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CCP 05-24-2004
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CCP 05-24-2004
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<br />CITY OF ARDEN HILLS, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />DECEMBER 31, 2003 <br /> <br />Note 3: DETAILED NOTES ON ALL FUNDS ~'iD ACCOUNTS - CONTINUED <br /> <br />H~ J('und Equity Reservations and Designations <br /> <br />The components of fund equity are described in Note 1. Certain reservations and designations have been made in <br />tIle following funds: <br /> <br /> ---------.--- __~_ Eund Pumose Amount <br /> Reserved <br /> General Compensated absences $ 78,679 <br /> Prepaid items 14,246 <br /> Debt service Payment ofIong-term debt 1,921 <br /> Capital projects Interfund advances 797.141 <br /> Total $ 891 9R7 <br /> Designated <br /> General Working capital $ 1021914 <br />), Cootriboted Capital <br /> <br />The changes in the City's contributed capital accounts of its enterprise funds were as follows: <br /> <br />. <br /> <br /> Storm . <br />SOlUees Water Sewer Sewer Total <br />Beginning balance, contributed capital $ 4,088,339 $ 2,424,318 $ $ 6,512,657 <br />Add: Assets contribuled by other funds 236,623 451,113 687,736 <br />Less depreciation on contnbuted assets 149.432) 156.579) 006.011 ) <br />Ending balance, contributed capital $ 4 275 530 L2.367 73'> ~451113 $ 7094382 <br /> <br />-22- <br /> <br />. <br />
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