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CITY OF NEW BRIGHTON, MINNESOTA
<br />BALANCE SHEET
<br />GOVERNMENTAL FUNDS
<br />December 31, 2013
<br />With Comparative Totals For December 31, 2012
<br />Water Tax
<br />Treatment Municipal Increment
<br />General Plant No. 1 Development District #31
<br />Assets:
<br />Cash and investments 6,470,083$ -$ 6,478,488$ -$
<br />Restricted cash and investments - 5,614,181 - -
<br />Accrued interest receivable - 47,785 53,007 9,346
<br />Due from other governmental units 33,087 - - -
<br />Accounts receivable 224,497 - - 23,490
<br />Interfund receivable - - - -
<br />Taxes receivable:
<br /> Delinquent 168,996 - - -
<br /> Due from County 142,236 - - -
<br />Special assessments receivable 3,309 - - -
<br />Interfund loan receivable - - 13,972,108 -
<br />Prepaid items 8,059 - - -
<br />Assets held for resale - - - 7,598,500
<br /> Total assets 7,050,267 5,661,966 20,503,603 7,631,336
<br />Deferred outflows of resources:
<br /> Repayment of delinquent taxes - - - -
<br />Total deferred outflows of resources - - - -
<br /> Total assets and deferred outflows
<br /> of resources 7,050,267$ 5,661,966$ 20,503,603$ 7,631,336$
<br />Liabilities:
<br /> Accounts payable 207,053$ 265,956$ -$ 5,951$
<br /> Special assessments payable - - - -
<br /> Interfund payable - - - -
<br /> Salaries payable 202,525 - - -
<br /> Deposits payable 39,211 - - -
<br /> Due to other governmental units 6,075 2,988 - -
<br /> Contracts payable - - - -
<br /> Interfund loan payable - - - 4,971,376
<br /> Unearned revenue 347,326 5,393,022 - -
<br /> Total liabilities 802,190 5,661,966 - 4,977,327
<br />Deferred inflows of resources:
<br /> Unavailable revenue - delinquent taxes 168,996 - - -
<br /> Unavailable revenue - special assessments
<br /> not yet due - - - -
<br /> Total deferred inflows of resources 168,996 - - -
<br />Fund balance (deficit):
<br /> Non-spendable 8,059 - - -
<br /> Restricted - - - 2,654,009
<br /> Commited - - 20,503,603 -
<br /> Assigned - - - -
<br /> Unassigned 6,071,022 - - -
<br /> Total fund balance (deficit)6,079,081 - 20,503,603 2,654,009
<br /> Total liabilities, deferred inflows
<br /> of resources and fund balances 7,050,267$ 5,661,966$ 20,503,603$ 7,631,336$
<br />32
<br />The accompany notes are an intergal part of these financial statemens
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