|
CITY OF PEQUOT LAKES,MINNESOTA
<br /> STATEMENT OF NET POSITION
<br /> DECEMBER 31,2022
<br /> Governmental Business-Type
<br /> Activities Activities Total
<br /> ASSETS
<br /> Cash,Cash Equivalents,and Investments $ 5,950,060 $ 2,734,348 $ 8,684,408
<br /> Debt Reserve Restricted Cash 26,086 - 26,086
<br /> Property Taxes Receivable 124,857 - 124,857
<br /> Assessments Receivable 8,302 2,935 11,237
<br /> Accounts Receivable 24,560 141,140 165,700
<br /> Interest Receivable 9,759 - 9,759
<br /> Due from Other Governments 167,841 - 167,841
<br /> Noncurrent Assets:
<br /> Capital Assets Not Being Depreciated 2,733,739 205,451 2,939,190
<br /> Capital Assets Being Depreciated(Net) 7,805,157 3,654,064 11,459,221
<br /> Investment in Joint Venture 336,634 - 336,634
<br /> TOTAL ASSETS 17,186,995 6,737,938 23,924,933
<br /> DEFERRED OUTFLOWS OF RESOURCES
<br /> OPEB 6,257 450 6,707
<br /> Pensions 1,029,232 25,042 1,054,274
<br /> TOTAL DEFERRED OUTFLOWS OF RESOURCES 1,035,489 25,492 1,060,981
<br /> LIABILITIES
<br /> Accounts Payable 30,609 92,496 123,105
<br /> Salaries Payable 12,056 2,884 14,940
<br /> Accrued Interest Payable 17,349 16,372 33,721
<br /> Due to Other Governments 567 220 787
<br /> Noncurrent Liabilities:
<br /> Amount Due Within One Year 156,774 125,730 282,504
<br /> Amount Due After One Year 1,311,260 1,500,970 2,812,230
<br /> Net OPEB Liability 92,517 6,658 99,175
<br /> Net Pension Liability 1,660,901 69,130 1,730,031
<br /> TOTAL LIABILITIES 3,282,033 1,814,460 5,096,493
<br /> DEFERRED INFLOWS OF RESOURCES
<br /> OPEB 59,515 4,284 63,799
<br /> Pensions 59,427 2,018 61,445
<br /> TOTAL DEFERRED INFLOWS OF RESOURCES 118,942 6,302 125,244
<br /> NET POSITION
<br /> Net Investment in Capital Assets 9,128,252 2,236,467 11,364,719
<br /> Restricted 198,259 - 198,259
<br /> Unrestricted 5,494,998 2,706,201 8,201,199
<br /> TOTAL NET POSITION $ 14,821,509 $ 4,942,668 $ 19,764,177
<br /> See accompanying notes. 18
<br />
|