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CITY OF ELK RIVER,MINNESOTA <br /> NET POSITION BY COMPONENT <br /> LAST TEN FISCAL YEARS <br /> (accrual basis of accounting) <br /> Fiscal Year <br /> 2004 2045 2006 2007 <br /> Governmental activities <br /> Net investment in capital assets $ 68,351,167 $ 73,150,041 $ 82,663,610 $ 85,293,459 <br /> Restricted 10,963,518 12,410,832 4,802,808 6,189,063 <br /> Unrestricted 19,452,247 21,267,772 27,998,543 25,641,836 <br /> Total governmental activities net position $ 98,766,932 $ 106,828,645 $ 115,464,961 $ 117,124,358 <br /> Business-type activities <br /> Net investment in capital assets $ 52,377,687 $ 54,577,074 $ 59,410,729 $ 59,942,345 <br /> Restricted 2,197,066 2,256,419 445,900 733,400 <br /> Unrestricted 10,332,005 11,810,416 13,839,859 17,028,349 <br /> Total business-type activities net position $ 64,906,758 $ 68,643,909 $ 73,696,488 $ 77,704,094 <br /> Primary government <br /> Net investment in capital assets $ 120,728,854 $ 127,727,115 $ 142,074,339 $ 145,235,804 <br /> Restricted 13,160,584 14,667,251 5,248,708 6,922,463 <br /> Unrestricted 29,784,252 33,078,188 41,838,402 42,670,185 <br /> Total primary government net position $ 163,673,690 $ 175,472,554 $ 189,161,449 $ 194,828,452 <br /> Note: The City implemented GASB Statement No.63 and GASB Statement No.65 in fiscal year 2012. Net position <br /> information has been restated for 2011 for this accounting change. Years prior to 2011 have not been restated. <br /> 86 <br />