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CITY OF ROSEVILLE, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />December 31, 2021 <br />are restricted for specific law enforcement uses. Debt service is to pay for future debt service <br />obligations, while tax increment revenues are used to pay for costs associated with the <br />development within a tax increment district. Minnesota law governs park dedication, debt service, <br />tax increment and law enforcement use. Community development and telecommunication uses <br />are governed by other third-partyentities <br />Note 2RECONCILIATION OF GOVERNMENT-WIDE AND FUND FINANCIAL STATEMENTS <br />A.Explanation of certain differences between the governmental fund balance sheet and the <br />government-wide statement of net position <br />The governmental fund balance sheet includes reconciliation between fund balance total <br />governmental funds and net position -governmental activities as reported in the government-wide <br />of net position. Elements of that reconciliation are detailed as follows: <br />Long-term liabilities: <br />Bonds payable($16,105,000) <br />Premium on bonds payable(977,703) <br />Bond interest payable(184,279) <br />Net OPEB obligation (1,547,718) <br />Net Pension liabilty(9,548,463) <br />Compensated absences(2,341,617) <br />Deferred inflows of resources(16,754,622) <br />Net change due to long-term liabilities($47,459,402) <br />Other long-term assets: <br />Net pension obligation - fire relief $7,038,136 <br />Deferred outflows of resources12,081,073 <br />Capital assets - net of depreciation139,607,360 <br />Net change in other long-term assets$158,726,569 <br />50 <br /> <br />