|
CITY OF GEM LAKE, MINNESOTA
<br />STATEMENT OF NET ASSETS
<br />DECEMBER 31, 2011
<br />ASSETS
<br />Cash and investments
<br />Taxes Receivable
<br />Special Assessments Receivable
<br />Accounts Receivable
<br />Accrued. Interest
<br />Prepaid Expenses
<br />Unamortized Bond Issue Costs
<br />Capital Assets:
<br />Capital Assets Being Depreciated
<br />Accumulated Depreciation
<br />Total .Assets
<br />LIABILITIES
<br />Vouchers and Accounts Payable
<br />Ac.crued Interest Payable
<br />Unearned Revenue.
<br />Long -Term Liabilities:
<br />Amounts Due Within fine Year
<br />Amounts Due in More than One Year
<br />Total Liabilities
<br />NET ASSETS
<br />Invested in Capital Assets, Net of Related Debt
<br />Restricted for Deft Service
<br />Restricted for Park Improvements
<br />Unrestricted
<br />Total Net Assets
<br />Government@[ Business -Type
<br />Activities Activities Total
<br />$ 8121292 $-
<br />303268
<br />s 1,11.5,5.00
<br />2.4,68.5
<br />-
<br />24,685
<br />326,518
<br />4,681
<br />331,199
<br />14486.
<br />16,458
<br />80,944
<br />2,968
<br />1,25.9
<br />4,227
<br />1,186
<br />7,029
<br />8,215
<br />26,394
<br />-
<br />26,394
<br />1;628,210
<br />617,539
<br />.2.245,749
<br />(368,364).
<br />(86,973)
<br />(455,337)
<br />2,468,375
<br />863.,201
<br />3,331,576
<br />20,013
<br />444 20,157
<br />21,700
<br />- 21,700
<br />5280
<br />- 5,280
<br />1.00,452
<br />- 100.;452
<br />1,141,230
<br />- 1,141,230
<br />1,288,675
<br />144 1,288,819
<br />1.8;165
<br />530,566 648,731
<br />578,769
<br />578,769
<br />38,044
<br />-. 38,.044
<br />544,722
<br />332A91 877,213
<br />$ 1,179,700 $. 863,05.7 $ 2,042,757
<br />Sea accompanying Notes to Basic Financial Stateiietits.
<br />(3)
<br />
|