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CITY OF ELK RIVER, MINNESOTA <br />NET ASSETS BY COMPONENT <br />LAST FOUR FISCAL YEARS <br />(accrual basis of accounting) <br /> Fiscal Year <br />2003200420052006 <br />Governmental activities <br /> Invested in capital assets, net of related debt56,003,997$ 67,061,167$ 73,150,041$ 82,663,610$ <br /> Restricted8,383,884 10,963,518 12,410,832 4,802,808 <br /> Unrestricted22,441,594 19,452,247 21,267,772 27,998,543 <br />Total governmental activities net assets86,829,475$ 97,476,932$ 106,828,645$ 115,464,961$ <br />Business-type activities <br /> Invested in capital assets, net of related debt46,341,983$ 52,377,687$ 54,577,074$ 59,410,729$ <br /> Restricted1,947,067 2,197,066 2,256,419 445,900 <br /> Unrestricted11,224,115 10,480,815 11,956,851 14,059,048 <br />Total business-type activities net assets59,513,165$ 65,055,568$ 68,790,344$ 73,915,677$ <br />Primary government <br /> Invested in capital assets, net of related debt102,345,980$ 119,438,854$ 127,727,115$ 142,074,339$ <br /> Restricted10,330,951 13,160,584 14,667,251 5,248,708 <br /> Unrestricted33,665,709 29,933,062 33,224,623 42,057,591 <br />Total primary government net assets146,342,640$ 162,532,500$ 175,618,989$ 189,380,638$ <br />Note: Net assets are not available for years prior to 2003. <br />78 <br /> <br />