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CITY OF CENTERVILLE, MINNESOTA
<br />STATEMENT OF NET POSITION
<br />PROPRIETARY FUNDS
<br />DECEMBER 31, 2014
<br />Business-type Activities - Enterprise Funds
<br />601602603
<br />Nonmajor
<br />WaterSewerStorm WaterTotals
<br />ASSETS
<br />CURRENT ASSETS
<br />Cash and temporary investments$ 1,093,699$ 1,172,992$ 88,787$ 2,355,478
<br />Receivables
<br />Accrued interest1,5961,6921283,416
<br />Accounts50,44583,70823,412157,565
<br />Special assessments5,362--5,362
<br />Due from other funds-88,935-88,935
<br />Inventories4,731--4,731
<br />Prepaid items3838-76
<br />TOTAL CURRENT ASSETS1,155,8711,347,365112,3272,615,563
<br />NONCURRENT ASSETS
<br />Special assessments receivable 599,77454,128-653,902
<br />Advances to other funds-1,097,861-1,097,861
<br />Capital assets
<br />Land72,255124,0004,400200,655
<br />Construction in progress673,445-31,680705,125
<br />Buildings138,000276,000-414,000
<br />Infrastructure5,054,9203,442,483-8,497,403
<br />Machinery and equipment269,36796,7421,019,5421,385,651
<br />Less accumulated depreciation(2,168,315)(1,771,039)(221,068)(4,160,422)
<br />Net capital assets4,039,6722,168,186834,5547,042,412
<br />TOTAL NONCURRENT ASSETS4,639,4463,320,175834,5548,794,175
<br />TOTAL ASSETS5,795,3174,667,540946,88111,409,738
<br />LIABILITIES
<br />CURRENT LIABILITIES
<br />Accounts and contracts payable11,0171,07551912,611
<br />Accrued salaries payable6476473621,656
<br />Due to other funds--23,00023,000
<br />Due to other governments1,3509,841-11,191
<br />Compensated absences payable - current6,0746,0743,85916,007
<br />TOTAL CURRENT LIABILITIES19,08817,63727,74064,465
<br />The notes to the financial statements are an integral part of this statement.
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