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NOTES TO FINANCIAL STATEMENTS - Continued <br />December 31, 1985 <br />Note 5: Long -Term Debt - Continued <br />E. Resources to Meet Future Debt Requirements: <br />Amounts Available for Long -Term Debt - Available fund balance <br />designated for repayment of long-term debt include: <br />Debt Se',ice Finds <br />Special ..ssessment Funds <br />$ 6,456 <br />$382,404 <br />Amount to be provided in the General Long -Term Debt Croup of <br />Accounts represents future state -aid payments designated for <br />repayment of the state -aid road bond •d future funding of <br />severance and vacation benefits. <br />Future tax levies of $186,600 are available ecessary, to <br />retire Spec—il Assessment Debt. <br />Note 6: Proprietary Funds Contributed Capital <br />This balance represents the cost of property contributed to the <br />Enterprise Funds by the City, less depreciation thereon charged to <br />operations. Changes occurring in this account during the year were as <br />follows: <br />Golf <br />iter <br />Sewer <br />Course <br />Operating <br />Operatinc, <br />Operating <br />Total <br />Balance - beginning of year <br />$1,229,682 <br />$4,363,444 <br />152,099 <br />$5,745,225 <br />Adam: Assets contributed <br />during year <br />21,596 <br />21,596 <br />Less: Assets retired (net) <br />(230) <br />(230) <br />Less: Dep>?ciation on <br />contributed assets <br />(34,0,0; <br />(116,003) <br />(2,220) <br />(152,233) <br />Balance - End of Ye <br />$1,195,442 <br />$4,269,037 <br />$ 149,879 <br />$5,614,358 <br />- 17 - <br />