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08-08-2022 Council Packet
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08-08-2022 Council Packet
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9/7/2022 3:49:47 PM
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9/7/2022 3:37:44 PM
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Recycling Cable Television Total <br />Assets <br />Current Assets <br />Cash and temporary investments 65,436$ (1,565)$ 63,871$ <br />Receivables <br />Accrued interest 87 361 448 <br />Accounts 26,369 18,078 44,447 <br />Total Current Assets 91,892 16,874 108,766 <br />Noncurrent Assets <br />Machinery and equipment - 238,311 238,311 <br />Less accumulated depreciation - (53,679) (53,679) <br />Total Noncurrent Assets - 184,632 184,632 <br />Total Assets 91,892 201,506 293,398 <br />Deferred Outflows of Resources <br />Deferred pension resources 6,941 13,104 20,045 <br />Liabilities <br />Current Liabilities <br />Accounts and contracts payable 14,511 - 14,511 <br />Accrued salaries payable 183 357 540 <br />Total Current Liabilities 14,694 357 15,051 <br />Noncurrent Liabilities <br />Net pension liability 9,683 18,282 27,965 <br />Total Liabilities 24,377 18,639 43,016 <br />Deferred Inflows of Resources <br />Deferred pension resources 9,010 17,010 26,020 <br />Net Position <br />Investment in capital assets - 184,632 184,632 <br />Unrestricted 49,464 (5,671) 43,793 <br /> <br />Total Net Position 49,464$ 178,961$ 228,425$ <br />City of Orono, Minnesota <br />Combining Statement of Net Position <br />Nonmajor Proprietary Funds <br />December 31, 2021 <br />Business-type Activities - Enterprise Funds <br />DRAFT <br />114
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