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