|
CITY OF GEM LAKE, MINNESOTA
<br />STATEMENT OF NET ASSETS
<br />DECEMBER-.31., 2008
<br />(WITH COMPARATIVE DATA AS OF DECEMBER 31, 2007)
<br />ASSETS
<br />Cash and Investments
<br />Taxes. Receivable
<br />Special Assessments Receivable
<br />Accounts Receivable.
<br />Accrued Interest
<br />Prepaid Expenses
<br />Unarnorl+zed Bond Issue..Cosis
<br />Capital Assets:
<br />Capital. Assets Not Being Depreciated
<br />Capital Assets Being Depreciated
<br />Accumulated Depreciation
<br />Total Assets
<br />LIABILITIES
<br />Vouchers and Accounts Payable
<br />Accrued Interest Payable
<br />Long -Term Liabilities:
<br />Amounts Due Within One Year
<br />Amounts.Due in.More than One Year
<br />Total Liabilities
<br />NET ASSETS
<br />Invested in Capital Assets, Net of Retated Debt
<br />Restricted for Debt Service
<br />Unrestricted
<br />Total Net. Assets
<br />2008
<br />2007
<br />Governmental
<br />Susiness-7ype
<br />Governmental
<br />Business -Type
<br />Activities.
<br />Mlyitley
<br />Total
<br />Activities
<br />Activities
<br />$ 6.72;152
<br />S. 177,201
<br />$ 849,353.
<br />$ 610,944
<br />$ 12$,,370
<br />9.123
<br />9;123
<br />.24,788
<br />533;208
<br />482
<br />.533,696
<br />555,722
<br />1,723
<br />7,945
<br />14,933
<br />.22;878
<br />6,880.
<br />16128
<br />4,131
<br />1,166
<br />5,297
<br />5,273
<br />3,911
<br />396
<br />7.364
<br />7.760
<br />396
<br />1,437'
<br />•34,87T
<br />34,877
<br />37,704
<br />-
<br />-
<br />-
<br />-
<br />81 4; 132
<br />-
<br />1,611..680
<br />$70,778
<br />2,182,455
<br />701.032
<br />570;775:
<br />(201,607)
<br />.(50;558)
<br />(252:1$5)
<br />049,976)
<br />(39;142)
<br />•2r67.1,905••
<br />721,363
<br />3,393,268
<br />21605,995
<br />681.,2.02
<br />27,i49
<br />104
<br />27,253
<br />47,077
<br />48
<br />-26213
<br />-
<br />26,21.3
<br />3.6.818
<br />-
<br />$9,156
<br />89,156
<br />72,267
<br />1.,4256817
<br />-
<br />1,425,817.
<br />1.513,200
<br />1,568;335
<br />104
<br />1,568.439
<br />1,663.302.
<br />48
<br />(1041900)
<br />520,217
<br />415,317
<br />(220;219)
<br />531,633
<br />881.71.4
<br />-
<br />881.714.
<br />891.602
<br />326,756
<br />201.042
<br />527,798
<br />271,310:
<br />149.521
<br />S 1,103,570
<br />$ 721.259
<br />$ 1.,824,829
<br />S 942,693.
<br />$ 681.154
<br />See accompanying Notes to Basic Financial. Statements.
<br />(3)
<br />
|