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Annual_Report_1989_001
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Annual_Report_1989_001
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CITV OP ROSEVILLE MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS - (CONTINUED) <br />DECEMBER 31.1989 <br />Note 4 Lash and TemporarY Investments (Continutedl <br />The City's investments are categorized above to give an indication of the Levet of risk assumed at year- <br />end. Category 1 includes investments that are insured or registered or for which the securities are held <br />by the City or its agent in the City' s name. Category 2 indudes uninsured a�d unregistered investments <br />for which the securities are heLd by the banks' tr�st department or agent in the City's name. Cate9ory 3 <br />inc(udes uninsured and unregistered investments for vhich the securities are heLd by the banks', or by its <br />t�ust department or agent but not in the City's name. <br />�se of the pooLed method ot investments resuCts in periodic overdrafts in certain funds. On December 31, <br />1989 fund equity and advances consisted of the following: <br />Generel Fund <br />Special Revenue Fund <br />Oe6t Service Fund <br />CapitaL Projects Fund <br />Enterprise Pund <br />Intiernat Service <br />Trust and Agency <br />Total Equity <br />Less: advanres <br />pooled cash and <br />investments <br />Note 5 - Soecial Assessments <br />Equity In <br />Investment Pool <br />E 3,396,387 <br />905,417 <br />10,795,875 <br />12,464,122 <br />4.083,722 <br />�1,233,868 <br />286,114 <br />533,165,505 <br />(E 42,255) <br />E33,123.250 <br />Advances <br />f 3,068 <br />39,187 <br />4 42,255 <br />Speciat Assessments - The payment of certain speciaL assessments has been postponed in a[cordance vith <br />applicabLe Ciiy Council poLicY or State staiutes. These assessments in the amount of 8242,845 are included <br />uith the special assessmenis receivable of the de6t service funds as of December 31, 7989. These assess- <br />ments eitl become coLlecti6le when the conditions set forth by CounciL policy or in the State statutes <br />occur. It is impossi6le to determine when these conditions wiLt occur. <br />Note 6- D�e from Other Governments <br />Carrent amounts due from other governments on Decem6er 31, 1989 are presented betow: <br />Fund <br />STATE OTHER TOTAL <br />Capital Projects 51,246,544 � 51,246,544 <br />Enterprise 5 181,577 181,577 <br />De6t Service 100.654 100 654 <br />TOTAL St 347.�98 S 181 577 S'I 528.775 <br />� <br />
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