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CITY OF CENTERVILLE, MINNESOTA
<br />STATEMENTS OF NET POSITION - CONTINUED ON THE FOLLOWING PAGES
<br />PROPRIETARY FUNDS
<br />DECEMBER 31, 2013 AND 2012
<br />Business-type Activities - Enterprise Funds
<br />601602
<br />WaterSewer
<br />2013201220132012
<br />ASSETS
<br />CURRENT ASSETS
<br />Cash and temporary investments$ 1,210,365$ 1,288,411$ 946,137$ 905,212
<br />Receivables
<br />Accounts84,23672,549121,310109,385
<br />Special assessments13,57110,3851,1421
<br />Due from other funds--23,00023,000
<br />Inventories4,7699,960--
<br />Prepaid items38-16,29016,137
<br />TOTAL CURRENT ASSETS1,312,9791,381,3051,107,8791,053,735
<br />NONCURRENT ASSETS
<br />Special assessments receivable 437,98762,83955,79154,163
<br />Advances to other funds--1,168,9171,556,520
<br />Capital assets
<br />Land72,25572,255124,000124,000
<br />Construction in progress225,983---
<br />Buildings138,000138,000276,000276,000
<br />Infrastructure5,054,9204,966,1423,442,4833,442,483
<br />Machinery and equipment269,367269,36796,74296,742
<br />Less accumulated depreciation(1,977,358)(1,788,769)(1,655,901)(1,538,111)
<br />Net capital assets3,783,1673,656,9952,283,3242,401,114
<br />TOTAL NONCURRENT ASSETS4,221,1543,719,8343,508,0324,011,797
<br />TOTAL ASSETS5,534,1335,101,1394,615,9115,065,532
<br />LIABILITIES
<br />CURRENT LIABILITIES
<br />Accounts and contracts payable8,1734,407-647
<br />Accrued salaries payable4222,8484222,848
<br />Due to other funds----
<br />Due to other governments960-4,75954,371
<br />Compensated absences payable - current5,0385,4585,0385,458
<br />TOTAL CURRENT LIABILITIES14,59312,71310,21963,324
<br />The notes to the financial statements are an integral part of this statement.
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