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2012 Financial Reports
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2012 Financial Reports
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11/18/2025 3:48:07 PM
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10/16/2025 9:06:36 AM
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Financial/Accounting
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FIN02620
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FINANCIAL REPORTS
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PERMANENT
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CITY OF GEM LAKE, MINNESOTA <br />STATEMENT .OF NET POSITION <br />PROPRIETARY FUN© <br />DECEMBER 31:, 2012 <br />ASSETS <br />Cash and Cash Equivalents <br />Customer Accounts Receivable <br />Accrued Interest Receivable <br />Special Assessments Receivable <br />Prepaid Expenses. <br />Total Current Assets <br />Capital Assets: <br />Utility Plant in Service <br />Accumulated Depreciation <br />Net Capital Assets <br />Total :Assets <br />LIABILITIES <br />Accounts Payable <br />.NET. POSITION <br />Net -I rivestment. in'Capital Assets <br />Unrestricted <br />Total Net Position. <br />See accompanying Notes to Basic Financial Statements. <br />(12). <br />Sewer <br />Utility <br />$ 334,645. <br />19,115 <br />3$046 <br />6,159 <br />7`,267 <br />37.0,232 <br />.617,839 <br />(99,430) <br />518,109 <br />888,341 <br />130 <br />5181109 <br />370,1 D2 <br />$ 888.,211 <br />
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