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2004 & 2005 Special Purpose Report
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2004 & 2005 Special Purpose Report
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Last modified
11/19/2025 11:41:13 AM
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11/19/2025 11:40:48 AM
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Financial/Accounting
Code
FIN 02620
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FINANCIAL STATEMENTS
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PERMANENT
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CITY OF GEM LAKE, MINNESOTA <br />SEWER ENTERPRISE FUND BALANCE SHEET <br />PROPRIETARY FUND <br />December 31, 2005 <br />ASSETS <br />Current Assets <br />Cash and cash equivalents <br />Investments <br />Accounts receivable <br />Interest receivable <br />Due from capital projects fund <br />Total Current Assets <br />Property and Equipment, at Cost <br />Sewer system <br />Less: Accumulated depreciation <br />Property and Equipment; Net <br />TOTAL ASSETS <br />LIABILITIES AND FUND EQUITY <br />Fund Equity <br />Retained earnings, unrestricted. <br />Paid -in capital <br />Total Fund Equity <br />TOTAL LIABILITIES AND FUND EQUITY <br />Sewer Fund <br />(Total All <br />Proprietary <br />Funds) <br />$ 42,969 <br />231,176 <br />10,080 <br />51711 <br />289,936 <br />49, 000 <br />3,267 <br />45,733 <br />$ 335,669 <br />$ 302,863 <br />32,806 <br />335;669 <br />$ 335;669 <br />
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