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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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10/7/2025 6:32:46 PM
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Financial/Accounting
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FIN02620
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CITY OF GEM LAKE, MINNESOTA <br />COMBINING STATEMENT OF REVENUES, EXPENDITURES, <br />AND CHANGE IN FUND BALANCES <br />NONMAJOR GOVERNMENTAL FUNDS <br />YEAR ENDED DECEMBER 31, 2017 <br /> <br /> <br /> <br />(32) <br /> <br />Special Capital <br />Revenue Projects <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 />REVENUES <br />Special Assessments -$ -$ -$ 519$ 519$ <br />Earnings (Loss) on Investments 253 17 68 277 615 <br />Total Revenues 253 17 68 796 1,134 <br />EXPENDITURES <br />General Government <br />Interest and Fiscal Charges - 1,034 1,034 <br />Capital Outlay - 19,965 - - 19,965 <br />Total Expenditures - 19,965 - 1,034 20,999 <br />NET CHANGE IN FUND BALANCES 253 (19,948) 68 (238) (19,865) <br />Fund Balance - Beginning of Year 39,872 3,194 (1,464) 50,667 92,269 <br />FUND BALANCE - END OF YEAR 40,125$ (16,754)$ (1,396)$ 50,429$ 72,404$ <br />Debt Service Funds <br />
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