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CITY Oi ROSEVILLE <br />NOTES TO FINANCIAL STATEMENTS <br />DECEMBER 31. 1993 <br />Noce 10 -[nterfund Pavables and Receivables <br />The City uses the pooled investment method for most of it�s cash management program (See note 3). Interfund <br />payables and receivables created by the pooted investment program as of December 31, 1993 consists of the <br />foltouing: <br />FurM <br />Capitat Projects - <br />PermaneM [mprovemeMs <br />Econanic increments <br />Enterprise - <br />Water <br />Minnesota Ovat <br />Recycting Fund <br />Special Revenue <br />Recreation Fund <br />Telecoimiunications <br />Fund <br />Gene�al Fund <br />Interfund <br />Receivable <br />30,000 <br />1,500,000 <br />8757.335 <br />Intertund <br />Pavable <br />693,987 <br />�,soo,000 <br />25,338 <br />17,719 <br />50,297 <br />7otaLs 52.287.335 82,287,335 <br />Note 11 - ttaims tlorkers' Compensation Self-Insurance Fund <br />A liability of 8420,000 uas incurred, as set by State statute, for the death of a City potice o4ficer in 1982. <br />The City is self-insured and is responsible for E120,000 of this liability. The Workers' Compensation Reinsurance <br />Association, a nonprofit organization established by State statute is responsible for the remaining balance of the total <br />liability. The City's Liability on Decem6er 31, 1993 uas 524,197. <br />Note tt - [nterfund Transfers <br />funds are transferred fran one fund to support expenditures of other funds in accordance uith the authority <br />established for the individuat fund. Transfers uithin fund types have been etiminated. Transfers between <br />fund types durin9 the year ended December 31, 1993 uere: <br />General fund <br />Capital Projects <br />Enterprise Funds <br />Transfers-out <br />8 49,700 <br />450,000 <br />61,500 <br />_Transfers-in_ <br />Special Revenue S 20,200 <br />Debt Service 10,000 <br />Capitat Projects 79,500 <br />Enterprise Funds 450,000 <br />Capital Projects 67,500 <br />Debt Service 1.500.000 Capital Projects 1.500.000 <br />TotaLs S 2.061,200 S 2.061.200 <br />Note 13 Reserved and Desianated Fund Equitv/Fund Batances <br />On December 31, 1993, the City had reserved and designated portions of the fund equity or fund balance through le9at <br />restrictions and City Council action. Fottouing is a suimary of these reservations end designations: <br />Generat fund <br />Reserved for Drug Forfeiture Program <br />Reserved for pensions <br />Designated tor uorking capitat <br />Designated for vacation pay and <br />compensatory time off <br />Totat <br />Reserved <br />E 22,8�9 <br />24,402 <br />S 47.281 <br />45 <br />Desianated <br />S 2,956,183 <br />356.221 <br />S 3.312.404 <br />