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NOTE 5 — INTERFUND BALANCES AND ACTIVITIES <br />A. Due-TolFrom Other Fuads <br />Individual fund receivable and payable balances at Decertiber 31,.2021 arii as follows: <br />Receivable Fund Payable Fund Amount <br />Sewer Enterprise Water Enterprise S 7Z052 <br />interfund receivable and payable balances represent the elitnination.of negative cash between hinds, <br />B. Interfund Transfers <br />Individual fund transfeis-diiririg.the year ended December 3l , 2021 are as follows: <br />Transfers Out <br />Governemental funds <br />General <br />Transfers. In <br />Governmental Funds <br />Street <br />Improvements <br />$ 25,060 <br />During 2021 J. the City made interfUnd transfers to provide additional fiends. for. completing upcoming. <br />-capitatprojects. <br />NOTE 6 — NET INVESTMENT IN CAPITAL ASSETS <br />The governnfi rit--Wide Statement of Net Position -at December 31.;.2021.includes th5City's net irvestment. <br />in capital assets, calculated as follows: <br />Governmental Business=Type <br />Activities Activities Total <br />Net investment,in capital assets <br />Capital. assets <br />Not being depreciated $ 129,77-1 $ — $ 219,77y <br />Depreciated; net o.faccumulated depreciation 1,424,756 1,26X1 .2,687;027 <br />Less capital related long-term debt outstanding (t,0.79,79.9) - Q,079;799) <br />Less capital related accounts/contiacts.payable (I12,716), -- (112,716) <br />Total net.investment in•capital assets $ 462,013 S 1,262,271 S 1.,724,289 <br />29- <br />