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2015 Financial Statements
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2015 Financial Statements
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FIN02620
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FINANCIAL STATEMENTS
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CITY OF GEM LAKE, MINNESOTA <br />COMBINING BALANCE SHEET <br />NONMAJOR GOVERNMENTAL FUNDS <br />DECEMBER 31, 2015 <br /> <br /> <br /> <br />(30) <br /> <br />G.O. G.O. <br />Parks and Scheuneman Improvement Improvement Total <br />Playground Road Bonds Bonds Nonmajor <br />Fund Fund Series 2004A Series 2006A Funds <br />ASSETS <br />Cash and Investments 39,274$ 3,147$ -$ 35,731$ 78,152$ <br />Special Assessments Receivable - - 10,333 20,648 30,981 <br />Accrued Interest Receivable 188 14 (96) 110 216 <br />Total Assets 39,462$ 3,161$ 10,237$ 56,489$ 109,349$ <br />LIABILITIES, DEFERRED INFLOWS OF <br />RESOURCES, AND FUND BALANCES <br />LIABILITIES <br />Due to Other Funds -$ -$ 3,131$ -$ 3,131$ <br />DEFERRED INFLOWS OF RESOURCES <br />Unavailable Resources - - 8,835 20,511 29,346 <br />FUND BALANCES <br />Restricted: <br />Park Improvements 39,462 - - - 39,462 <br />Street Projects - 3,161 - - 3,161 <br />Debt Service - - - 35,978 35,978 <br />Unassigned - - (1,729) - (1,729) <br />Total Fund Balances 39,462 3,161 (1,729) 35,978 76,872 <br />Total Liabilities, Deferred Inflows of <br /> Resources, and Fund Balances 39,462$ 3,161$ 10,237$ 56,489$ 109,349$ <br />Debt Service FundsCapital Projects Funds <br /> <br />
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