Laserfiche WebLink
CITY OF ROSEVILLE, MINNESOTA <br />NO7E5 TO FINANCIAL STATEMENTS - (CONi14�ED) <br />OECEMeER 31,1990 <br />Note 3- Cash and Temporarv Investments (Continued) <br />The City's investments are categorized above to give an indication ot the level of risk assuned at year- <br />end. Category 7 includes imestments that are insured or registered or for which the sewrities are hetd <br />6y the City or its agent in the City' s name. CaYegory 2 incLudes uninsured and unregistered investments <br />for uhich the securities are held by the banks� trust department or agent in the City's name. Category 3 <br />includes uninsured and unregistered imestments for which the securities are hetd by the banks�, or by its <br />trust department or agent but not in the City�s name. <br />Use of the pooled method of investments resuLts in periodic overdrafTs in certain funds. On December 31, <br />1990 fund equity and advances consisted of ihe fotlouing: <br />General Pund <br />Special Revenue Fund <br />Debt Service Fund <br />Capital Projects Fund <br />Enterprise iund <br />Internal Service <br />Trust and Agency <br />Total Equity <br />Less: advances <br />Pooled cash and <br />investmenTs <br />Note 4 - Special Assessments <br />Equity In <br />Investment PooL <br />8 3,253,569 <br />929,629 <br />4,093,655 <br />15,976,866 <br />4,555,407 <br />1,295,721 <br />346.395 <br />830,451,242 <br />(S 34,225) <br />530,417,017 <br />Due To <br />Other Funds <br />S 34,225 <br />S 34,225 <br />Special Assessments - The payment of certain special assessments has been postponed in accordance with <br />applicable City Council policy or State statutes. These assessments in the amount ot 5147,889 are included <br />with the special assessments rereivabte of the� debt service funds as of Derember 31, 1990. These assess- <br />ments witt become cottectible when the conditions set forth by CounciL poticy or in the State statutes <br />occur. It is impossibte to deTermine when these conditions uill occur. <br />Note 5- Due from Other Governments <br />Current amounts due from other governnents on December 31, 1940 are presenced belou: <br />Fund <br />STATE OTHER TOTAI <br />� . Capital Projects S 228,821 $ 228,821 <br />� Enierprise S 67,378 67,318 <br />General Fund i?6,058 116,058 <br />�� � TOTAL S 228,821 5 183.376 S 412,197 <br />37 <br />