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<br />. CITY OF ARDEN HILLS, MlNNESOT A <br /> ENTERPRISE FUNDS <br /> COMBINING BALANCE SHEET <br /> DECEMBER 31, 2003 <br /> (With comparative totals for December 31,2002) <br /> Surface <br /> Water <br /> Water Sewer Recycling Management <br /> ASSETS <br /> CURRENT ASSETS <br /> Cash and temporary investments $ 1,569,978 S 958,132 S 21,544 $ 334,342 <br /> Re<:eivables <br /> Interest 6,669 4,024 93 1,414 <br /> Accounts 128,096 126,104 21,916 <br /> Special assessments 8,491 8,491 60,343 <br /> Inventory 8,686 <br /> Prepaid items 81 81 <br /> TOTAL CURRENT ASSETS 1,722,001 1,096,832 81,980 357,672 <br /> FIXED ASSETS <br /> Furniture and equipment 145,259 361,870 116,575 <br /> Collection and distribution system 6,380,981 5,331,324 797,191 <br /> TOTAL FIXED ASSETS 6,526,240 5,693,J94 913,766 <br /> LESS ACCUMULATED DEPRECIATION (1,717,544) (2,401,686) (52,216) <br /> TOTAL FIXED ASSETS, NET 4,808,696 3,291,508 861,550 <br />. TOTAL ASSETS S 6,530,697 $ 4,388,340 $ 81,980 $ 1,219,222 <br /> LlAB1Ll11ES AND FUND EQUITY <br /> LIABILITIES <br /> Accounts payable $ 1,278 S 96,368 S $ 553 <br /> Due to other governments 144,902 <br /> A,crued salaries and compensated absences payable 23,663 29,418 816 12,346 <br /> Deferred revenue <br /> TOTAL LIABILITIES 169,843 125,786 816 12,899 <br /> FUND EQUITY <br /> Contributed capital 4,275,530 2,367,739 451,113 <br /> Retained eamings <br /> Unresenred 2,085,324 1,894,815 81,164 755,210 <br /> TOTAL FUND EQUITY 6,360,854 4,262,554 81,164 1,206,323 <br /> TOTAL LIABILITIES AND FUND EQUITY $ 6,530,697 $ 4,388,340 S 81,980 S 1,219,222 <br /> <br />. <br /> <br />,39- <br />