|
<br />ASSETS
<br />CURRENT ASSETS
<br />Casb and casb equivalents (deficits)
<br />Receivables
<br />Interest
<br />Accounts
<br />Special assessments
<br />Inventory
<br />Prepaid items
<br />
<br />CITY OF ARDEN HILLS, MINNESOTA
<br />STATEMENTS OF NET ASSETS
<br />PROPRIETARY FllND~
<br />
<br />DECEMBER31'2005t=~viti~Ent~~
<br />
<br />1'it:~A~se~
<br />2005 1_ 2~f", _29l!S' ..it
<br />I
<br />
<br />$ 988,758 $ 1,104,910 $ 422,764 $
<br />
<br />I
<br />I
<br />21)04
<br />I
<br />
<br />620,489
<br />
<br />.
<br />
<br />4,]86 4,258
<br />140,995 113,477
<br />14,066 12,438
<br />12,418 11,606
<br /> 7]5
<br />1,160,423 1,247,404
<br />
<br />429
<br />165,151
<br />14,066
<br />
<br />3,522
<br />119,587
<br />]2,438
<br />
<br />715
<br />
<br />TOTAL CURRENT ASSETS
<br />
<br />602,410
<br />
<br />756,751
<br />
<br />NONCURRENT ASSETS
<br />Capital assets
<br />Buildings 2,220 2,220 1,950 1,950
<br />Macbinery and equipment 368,452 323,032 655,874 610,453
<br />Construction in progress 269,048 178,724 326,072 195,657
<br />Infrastructure 6,717,36] 6,512,929 5,426,393 5,229,]84
<br />Less accumulated depreciation (2,038,951) (],880,442) (2,669,026) (2,545,801)
<br />TOTAL NONCURRENT ASSETS 5,318,130 5,136,463 3,741,263 3,491,443 .
<br />TOTAL ASSETS 6,478,553 6,383,867 4,343,673 4,248,194
<br />LIABILITIES
<br />CURRENT LIABILITIES
<br />Accounts payable 170,391 18,947 ] 56,773 ]7,997
<br />Due to other governments 228,006 139,870
<br />Accrued salaries payable 3,347 3,496 3,561 4,275
<br />Current portion of compensated absences payable 17,363 14,374 19,548 17,335
<br />TOTAL CURRENT LIABILITIES 419,107 176,687 179,882 39,607
<br />NONCURRENT LIABILlTIES
<br />Compensated absences payable 5,788 4,791 6,516 5,779
<br />TOTAL LIABILlTIES 424,895 181,478 186,398 45,386
<br />NET ASSETS
<br />Invested in capital assets 5,318,130 5,136,463 3,741,263 3,491,443
<br />Umestricted 735,528 1,065,926 416,012 711,365
<br />TOTAL NET ASSETS $ 6,053,658 $ 6,202,389 $ 4.157,275 $ 4,202,808
<br /> .
<br />Tbe notes to the financial statements are an integral part of this statement.
<br /> -15-
<br />
|