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<br />CITY OF CENTERVILLE, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />DECEMBER 31, 2002 <br /> <br />Note 3: DETAILED NOTES ON ALL FUNDS AND ACCOUNT GROUPS - CONTINUED <br /> <br />Cash on Hand <br /> <br />I <br />I <br />I <br /> <br />Cash in the possession of the City consisting of petty cash totals $200. <br /> <br />--'1 <br /> <br />Cash and Investments Summary <br /> <br />A reconciliation of cash and investments as shown on the Combined Balance Sheet for the City follows: <br /> <br />A summary of amounts due from other governments as of December 31, 2002 is as follows: <br /> <br />.-. <br />I <br /> <br />County <br /> <br />General <br /> <br />s <br /> <br />10.477 <br /> <br />C. Fixed Assets <br /> <br />A summary of changes in general fixed assets for the year ended December 31, 2002 is as follows: <br /> Balance Balance <br /> Beginning End <br /> ofY ear Additions Adjustments of Year <br />Land $ 27,450 $ 38,000 $ 1,175,850 $ 1,241,300 <br />Buildings 742,728 285,372 1,028,100 <br />Furniture and equipment 943,705 26,759 (682,628) 287,836 r,J <br />Machinery 70.431 202.721 273.152 <br />Total S 1.784.314 S 64.759 S 981.315 S 2.830.388 <br /> <br />The adjustments resulted from reconciling the unaudited general fixed assets to the audited balances. <br />The following is a summary of proprietary fund type fixed assets at December 31, 2002: <br /> <br />Water distribution system <br />Sewer collection system <br /> <br />Total <br />Less accumulated depreciation <br /> <br />Net fixed assets <br /> <br /> EnteJprise Funds <br /> Water Sewer Total <br />$ 1,699,496 $ $ 1,699,496 <br /> 1.944.122 1.944.122 <br /> 1,699,496 1,944,122 3,643,618 <br /> (211.405) (365.667) (577.072 ) <br />S 1.488.091 S 1.578.455 S 3.066.546 <br /> i ---, <br /> <br />-17- <br /> <br />""- <br />