5.2. SR 06-19-2006 - Laserfiche WebLink

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CITY OF ELK RIVER, MINNESOTA NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2005 Note 3: DETAILED NOTES ON ALL FUNDS - CONTINUED Cash and investments are presented in the [mancial statements as follows: Primary Government Component Unit - HRA Statement of Net Assets Cash and investments Restricted cash and investments Cash with fiscal agent Statement of Fiduciary Net Assets Cash and investments $ 38,554,915 2,256,419 2,149,247 $ 232,421 280,520 Total $ 43,241,101 $ 232,421 B. Deferred Revenue Governmental funds report deferred revenue in connection with receivables for revenues that are not considered to be available to liquidate liabilities of the current period. Governmental funds also defer revenue recognition in connection with resources that have been received, but not yet earned. At the end ofthe current fiscal year, the various components of deferred revenue and unearned revenue reported in the governmental funds were as follows: Unavailable Unearned Delinquent property taxes receivable: General fund $ 150,497 $ Improvement bonds 3,513 Capital projects 5,298 Nonmajor funds 38,063 Delinquent special assessments: Improvement bonds 22,758 Capital projects 6,494 Permanent improvement revolving 2,620 Special assessments not yet due: Improvement bonds 3,948,198 Capital projects 1,132,598 Permanent improvement revolving 73,213 Notes receivable not yet due: Nonmajor funds 181,289 Unearned miscellaneous fees: Nonmajor funds 8,695 Total $ 5,564,541 $ 8,695 43 I I I I I I I I I I I I I I I I I I I