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2017 Financial Statements
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2017 Financial Statements
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10/7/2025 6:32:58 PM
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Financial/Accounting
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FIN02620
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CITY OF GEM LAKE, MINNESOTA <br />NOTES TO BASIC FINANCIAL STATEMENTS <br />DECEMBER 31, 2017 <br /> <br /> <br /> <br />(28) <br /> <br />NOTE 8 FUND BALANCES (CONTINUED) <br /> <br />C. Restricted for Street Projects – Represents amounts which are received from <br />special assessments and are restricted for street projects. <br /> <br />D. Assigned for Capital Improvements Benefitting Individual Property Owners – <br />Represents amounts which are assigned by the City to finance future road <br />improvement projects benefitting individual property owners. <br /> <br />
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