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CITY OF CENTERVILLE, MINNESOTA
<br /> STATEMENT OF NET POSITION
<br /> DECEMBER 31, 2012
<br /> Governmental Business -type
<br /> Activities Activities Total
<br /> ASSETS
<br /> Cash and temporary investments $ 3,328,386 $ 2,324,570 $ 5,652,956
<br /> Cash with fiscal agent 509,210 - 509,210
<br /> Receivables
<br /> Accrued interest 13,213 - 13,213
<br /> Delinquent taxes 70,238 - 70,238
<br /> Accounts 4,098 206,741 210,839
<br /> Special assessments 1,645,570 127,388 1,772,958
<br /> Due from other governments 59,452 - 59,452
<br /> Internal balances (1,490,870) 1,490,870 -
<br /> Inventories - 9,960 9,960
<br /> Prepaid items 30,461 16,137 46,598
<br /> Capital assets not being depreciated 3,337,023 196,255 3,533,278
<br /> Capital assets net of accumulated depreciation 12,568,974 6,676,422 19,245,396
<br /> TOTAL ASSETS 20,075,755 11,048,343 31,124,098
<br /> LIABILITIES
<br /> Accounts payable 98,720 5,134 103,854
<br /> Accrued salaries payable 18,709 7,021 25,730
<br /> Contracts payable 70,690 - 70,690
<br /> Due to other governments 10,115 54,371 64,486
<br /> Accrued interest payable 114,783 - 114,783
<br /> Deposits payable 61,107 - 61,107
<br /> Noncurrent liabilities
<br /> Due within one year 1,260,581 13,102 1,273,683
<br /> Due in more than one year 8,066,704 - 8,066,704
<br /> TOTAL LIABILITIES 9,701,409 79,628 9,781,037
<br /> NET POSITION
<br /> Net investment in capital assets 7,126,016 6,872,677 13,998,693
<br /> Restricted for
<br /> Future expansion - 71,631 71,631
<br /> Debt service 2,945,918 - 2,945,918
<br /> Cable TV 20,126 - 20,126
<br /> Unrestricted 282,286 4,024,407 4,306,693
<br /> TOTAL NET POSITION $ 10,374,346 $ 10,968,715 $ 21,343,061
<br /> The notes to the financial statements are an integral part of this statement.
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