|
CITY OF ELK RIVER
<br />BALANCE SHEET
<br />GOVERNMENTAL FUNDS
<br />DECEMBER 31, 2016
<br />See accompanying Notes to Basic Financial Statements.
<br />(23)
<br />Other
<br />General
<br />Pavement
<br />Governmental
<br />ASSETS
<br />Fund
<br />YMCA Bonds
<br />Management
<br />Funds
<br />Totals
<br />Cash and Investments
<br />$
<br />6,453,058
<br />$ 476,729
<br />$ 3,458,873
<br />$
<br />16,598,373
<br />$
<br />26,987,033
<br />Cash and Investments Held by Trustee
<br />-
<br />9,284,303
<br />-
<br />-
<br />9,284,303
<br />Receivables:
<br />Accrued Interest
<br />27,718
<br />-
<br />15,261
<br />69,195
<br />112,174
<br />Delinquent Taxes
<br />559,427
<br />18,242
<br />-
<br />53,590
<br />631,259
<br />Special Assessments
<br />-
<br />-
<br />-
<br />955,579
<br />955,579
<br />Other Accounts Receivable
<br />11,958
<br />144,785
<br />364,810
<br />521,553
<br />Notes Receivable, Net
<br />-
<br />-
<br />2,186,175
<br />2,186,175
<br />Due from Other Governments
<br />61,696
<br />334,183
<br />5,699
<br />401,578
<br />Due from Other Funds
<br />209,809
<br />266,738
<br />1,541,748
<br />2,018,295
<br />Due from Component Unit
<br />8,202
<br />-
<br />-
<br />8,202
<br />Prepaids
<br />20,964
<br />108,176
<br />129,140
<br />Land Held for Resale
<br />-
<br />-
<br />-
<br />187,060
<br />187,060
<br />Total Assets
<br />$
<br />7,352,832
<br />$ 9,779,274
<br />$ 4,219,840
<br />$
<br />22,070,405
<br />$
<br />43,422,351
<br />LIABILITIES, DEFERRED INFLOWS OF
<br />RESOURCES, AND FUND BALANCE
<br />LIABILITIES
<br />Accounts and Contracts Payable
<br />315,239
<br />71,697
<br />$
<br />198,134
<br />$
<br />585,070
<br />Accrued Salaries Payable
<br />187,463
<br />-
<br />9,429
<br />196,892
<br />Due to Other Governments
<br />3,116
<br />-
<br />1,486
<br />4,602
<br />Due to Other Funds
<br />6,219
<br />2,172
<br />2,154,321
<br />2,162,712
<br />Due to Component Unit
<br />-
<br />-
<br />215,494
<br />215,494
<br />Unearned Revenue
<br />-
<br />-
<br />568,062
<br />568,062
<br />Total Liabilities
<br />512,037
<br />73,869
<br />3,146,926
<br />3,732,832
<br />DEFERRED INFLOWS OF RESOURCES
<br />Unavailable Revenue- Taxes
<br />82,7
<br />492
<br />-
<br />8,924
<br />95,134
<br />Unavailable Revenue - Special Assessments
<br />-
<br />925,572
<br />925,572
<br />Unavailable Revenue - Other
<br />334,183
<br />-
<br />334,183
<br />Total Deferred Inflows of Resources
<br />$2,718
<br />3,492
<br />334,183
<br />934,496
<br />1,354,889
<br />FUND BALANCE
<br />Nonspendable
<br />20,964
<br />-
<br />108,176
<br />129,140
<br />Restricted
<br />9,775,782
<br />-
<br />2,469,897
<br />12,245,679
<br />Committed:
<br />-
<br />-
<br />3,811,788
<br />5,438,226
<br />9,250,014
<br />Assigned:
<br />266,832
<br />-
<br />12,632,948
<br />12,899,780
<br />Unassigned
<br />6,470,281
<br />-
<br />-
<br />(2,660,264)
<br />3,810,017
<br />Total Fund Balance
<br />6,758,077
<br />9,775,782
<br />3,811,788
<br />17,988,983
<br />38,334,630
<br />Total Liabilities, Deferred Inflows of
<br />Resources, and Fund Balance
<br />$
<br />7,352,832
<br />$ 9,779,274
<br />$ 4,219,840
<br />$
<br />22,070,405
<br />$
<br />43,422,351
<br />See accompanying Notes to Basic Financial Statements.
<br />(23)
<br />
|