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2013 FINANCIAL STATEMENT
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2013 FINANCIAL STATEMENT
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2/10/2026 2:49:45 PM
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2/10/2026 2:48:37 PM
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Financial/Accounting
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FIN2620
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FINANCIAL STATEMENTS
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PERMANENT
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CITY OF GEM LAKE, MINNES"OTA <br />STATEMENT OF NET POSITION <br />PROPRIETARY FUND <br />DECEMBER 31, 2013, <br />ASSETS <br />Cash. and Cash Equivalents. <br />Customer Accounts Receivable <br />Accrued Interest Receivable <br />Special Assessments Receivable <br />Due from Other Governments <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 />Dueto Other Governments <br />Total Liabilities <br />NET POSITION <br />Net Investment in Capital Assets <br />Unrestricted <br />Total. Net Position <br />Sewer <br />Utility <br />$ 371.,072 <br />18,516 <br />4;825 <br />5,441 <br />737 <br />1,818 <br />402,409 <br />617,539 <br />(11.1,887) <br />- 505,652 <br />a� <br />4 <br />10,542 <br />10,546 <br />505,652 <br />391,863 <br />$ 897,515 <br />See accompanying Notes to Basic Financial Statements. <br />(u) <br />
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