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<br />See notes to basic financial statements. 46
<br />Municipal
<br />Liquor Sewer Garbage Storm Water
<br />Assets
<br />Current assets
<br />Cash and investments 3,398,275$ 10,149,395$ 999,419$ 2,396,833$
<br />Restricted cash - - - -
<br />Accounts receivable - 40,178 - -
<br />Interest receivable 16,119 46,762 4,741 11,369
<br />Due from other funds - 404,126 164,444 56,712
<br />Leases receivable - - - -
<br />Special assessments receivable - 521,886 2,675 284
<br />Inventory 1,521,976 - - -
<br />Prepaid items - - - -
<br />Total current assets 4,936,370 11,162,347 1,171,279 2,465,198
<br />Noncurrent assets
<br />Leases receivable - - - -
<br />Capital assets
<br />Land 753,961 302,581 - 9,900
<br />Construction in progress - - - -
<br />Buildings and building improvements 3,051,851 20,312,707 - -
<br />Improvements other
<br /> than buildings - 232,178 - -
<br />Collection and distribution - 31,229,179 - 20,449,218
<br />Intangible assets - - - -
<br />Equipment and furniture 167,743 7,524,358 - 27,821
<br />Equipment lease asset 21,410 24,978 - -
<br />Total capital assets 3,994,965 59,625,981 - 20,486,939
<br />Less accumulated depreciation/amortization (2,552,362) (29,180,060) - (11,320,548)
<br />Net capital assets 1,442,603 30,445,921 - 9,166,391
<br />Total noncurrent assets 1,442,603 30,445,921 - 9,166,391
<br />Total assets 6,378,973 41,608,268 1,171,279 11,631,589
<br />Deferred Outflows of Resources
<br />Deferred outflows of resources
<br /> related to OPEB 6,522 5,705 - -
<br />Deferred outflows of resources
<br /> related to pensions 75,269 51,686 2,522 -
<br />Total deferred outflows
<br /> of resources 81,791 57,391 2,522 -
<br />Total assets and deferred
<br /> outflows of resources 6,460,764$ 41,665,659$ 1,173,801$ 11,631,589$
<br />Business-Type Activities - Enterprise Funds
<br />City of Elk River
<br />Statement of Net Position - Proprietary Funds
<br />December 31, 2024
<br />Page 236 of 637
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