|
CITY OF ELK RIVER, MINNESOTA
<br />STATEMENT OF NET ASSETS
<br />DECEMBER 31, 2010
<br />Primary Government
<br />ASSETS
<br />Cash and investments
<br />Restricted cash and investments
<br />Receivables (net);
<br />Interest
<br />Taxes
<br />Accounts
<br />Special assessments
<br />Notes
<br />Due from other governments
<br />Due from primary government
<br />Internal balances
<br />Inventories
<br />Prepaid items
<br />Deferred charges
<br />Property held for resale
<br />Capital assets:
<br />Nondepreciable
<br />Depreciable (net)
<br />Total assets
<br />LIABILITIES
<br />Accounts payable
<br />Salaries payable
<br />Due to other governments
<br />Due to component unit
<br />Accrued interest payable
<br />Unearned revenue
<br />Non-current liabilities:
<br />Due within one year
<br />Due in more than one year
<br />Total liabilities
<br />NET ASSETS
<br />Invested in capital assets,
<br />Governmental Business-type
<br />Activities Activities Total
<br />$ 31,938,327 $ 18,520,199 $ 50,458,526
<br />- 724,500 724,500
<br />164,426 49,146 213,572
<br />742,184 - 742,184
<br />458,354 2,596,968 3,055,322
<br />3,655,454 - 3,655,454
<br />888,816 - 888,816
<br />73,933 20,939 94,872
<br />(138,857) 138,857 -
<br />- 1,956,307 1,956,307
<br />93,080 163,216 256,296
<br />53,265 229,762 283,027
<br />Component
<br />Unit - HRA
<br />$ 688,616
<br />18,582
<br />400,000
<br />295,619
<br />720,000
<br />37,469,632 1,935,616 39,405,248 -
<br />74,550,856 74,452,036 149,002,892 -
<br />
<br />149,949,470 100,787,546 250,737,016 2,122,817
<br />
<br />675,478 2,655,559 3,331,037 45
<br />262,008 108,234 370,242 2,106
<br />- 122,280 122,280 -
<br />295,619 - 295,619 -
<br />456,846 198,947 655,793 -
<br />476,973 21,134 498,107 -
<br />2,723,424 1,722,211 4,445,635 -
<br />26,332,960 14,124,665 40,457,625 -
<br />
<br />31,223,308 18,953,030 50,176,338 2,151
<br />net of related debt 84,629,091 60,972,838 145,601,929 -
<br />Restricted for:
<br />Debt service 3,787,324 724,500 4,511,824 -
<br />Landfill mitigation 1,478,516 - 1,478,516 -
<br />Economic development 2,075,054 - 2,075,054 -
<br />Law enforcement 660 - 660 -
<br />Unrestricted 26,755,517 20,137,178 46,892,695 2,120,666
<br />Total net assets $ 118,726,162 $ 81,834,516 $ 200,560,678 $ 2,120,666
<br />The notes to the financial statement s are an integral part of this statement.
<br /> 20
<br />
|