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<br />CITY OF ARDEN HILLS, MINNESOTA <br />NOTES TO THE FINANCIAL STATEMENTS <br />DECEMBER 31 2005 <br /> <br />Carrying amount of deposits <br />Investments <br />Cash on hand <br /> <br />iliDR*FT:,. <br /> <br /> <br />8,(. <br /> <br />. <br /> <br />Note 3: DETAILED NOTES ON ALL FUNDS - CONTINUED <br /> <br />A reconciliation of cash and cash equivalents as shown 0 <br /> <br />1,713 <br />7,790 <br />400 <br /> <br />Total cash and cash equivalents <br /> <br />$ 11,329,903 <br /> <br />B. Intergovernmental ReccivableslDeferred Revenue <br /> <br />A summary of aU intergovernmental receivables as of December 31, 2005 is as follows: <br /> <br />Fund <br /> <br />Local <br /> <br />State <br /> <br />Total <br /> <br />General <br />PemIallent Improvement Revolving <br /> <br />$ <br /> <br />51,794 <br /> <br />$ <br /> <br />$ <br /> <br />51,794 <br />348,515 <br /> <br />348,515 <br /> <br />Total <br /> <br />$ <br /> <br />51,794 <br /> <br />$ <br /> <br />348,515 <br /> <br />$ <br /> <br />400.309 <br /> <br />Governmental funds report deferred revenue in connection -with receivables for revenues that are not considered to <br />be available to liquidate liabilities of the current period. Governmental funds also defer revenue recognition in <br />connection with resources that have been received, but not yet earned. At the end of the current fiscal year, the <br />various components of deferred revenue and unearned revenue reported in the governmental :funds were as follows: <br /> <br />Fund Unavailable Unearned . <br />General <br />Delinquent taxes $ 30,515 $ <br />Licenses and permits 46,402 <br />Economic Development Authority <br />Delinquent taxes 610 <br />Permanent Improvement Revolving <br />Special assessments 850,303 <br />Total $ 881,428 $ 46,402 <br /> <br />. <br /> <br />-31- <br />