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NOTE 5 — INTERFUND BALANCES AND TRANSFERS <br />A. Due To/From Other Funds <br />Individual fund reedivable:artd payable balances at.December 31, 2024 are. as follows: <br />Receivable Fund Payable Fund Amount <br />Sewer Enterprjse Water Enterprise S 82,,177 <br />lnterfund receivable and payablebalances represent the elimination of negative -cash between funds. <br />B. Fnterfund Transfers <br />Individual fund transfers during the year ended. December.3.1, 2024 ate. as follows: <br />Transfers Out <br />Governmental .funds: <br />General <br />Transfers Tn <br />Governmental Funds.. <br />Street <br />lmprovcmcnts <br />Capital Project <br />.S. 20,000 <br />During 2024. the Cite .made intetfund hungfers to provide additional funds .for completitt upcoiiring <br />capital projects. <br />NOTE 6 -- NET INVESTMENT IN CAPITAL ASSETS <br />The government -wide Statetnent 6fNet Position at December 3.1., 2024 includes th& City's net investment: <br />in capital assets, calculated as follows: <br />Net investment in. capital assets <br />Capital assets <br />Not being depreciated. <br />Depreciated,:netbfaccufiiulated depreciation <br />Less capital -related ldng tern debt outstanding. <br />Total net investment in capital assets <br />Governmental Business -Type. <br />Activities Activities Tbml <br />S. 2,500 S S 2,500 <br />I ,540; 233 1,161,991 2.702,214 <br />(7601953) — (760 953 ) <br />S 781,780 S 1,161,981 S 1,943;76.1 <br />-30- <br />