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35 CITY OF LARAMIE, WYOMING STATEMENT OF NET ASSETS June 30, 2009 Governmental Business-Type Component Activities Activities Total Unit ASSETS Cash 16,069,092 $ 14,641,041 $ 30,710,133 $ 23,233 $ Investments 6,783,798 3,576,572 10,360,370 - Receivables: Accounts, customers 65,191 907,266 972,457 - Notes 566,308 - 566,308 - Accrued interest 54,797 43,958 98,755 - Operating 2,769,774 82,073 2,851,847 - Restricted assets Cash and cash equivalents 14,360,596 317,287 14,677,883 - Investments 12,764,275 - 12,764,275 - Capital assets Land 1,612,178 3,358,066 4,970,244 - Water rights - 87,685 87,685 - Construction in progress 1,773,315 589,124 2,362,439 - Buildings 29,678,766 30,444,303 60,123,069 - Improvements 3,980,622 63,030,947 67,011,569 - Infrastructure 50,193,200 1,476,603 51,669,803 - Furniture and equipment 12,049,810 9,558,713 21,608,523 - Accumulated depreciation (36,178,363) (40,518,545) (76,696,908) - Total Assets 116,543,359 $ 87,595,093 $ 204,138,452 $ 23,233 $ LIABILITIES Accounts payable 2,451,223 $ 1,037,661 $ 3,488,884 $ - $ Accrued interest payable 192,970 269,998 462,968 - Unearned revenue 2,113,474 42,650 2,156,124 - Benefit claims incurred but not reported 280,110 - 280,110 - Noncurrent liabilities Due within one year 3,606,056 2,058,476 5,664,532 - Due in more than one year 16,940,736 15,993,651 32,934,387 - Total Liabilities 25,584,569 19,402,436 44,987,005 - NET ASSETS Invested in capital assets (net of related debt) 43,391,849 52,083,366 95,475,215 - Restricted for: Recreation center endowment 2,230,951 - 2,230,951 - Recreation center scholarships 60,410 - 60,410 Capital projects 6,510,621 317,287 6,827,908 - Debt service 18,248,450 - 18,248,450 - Unrestricted 20,516,509 15,792,004 36,308,513 23,233 Total Net Assets 90,958,790 $ 68,192,657 $ 159,151,447 $ 23,233 $ Primary Government See Accompanying Notes to the Basic Financial Statements. ---PAGE BREAK--- 36 Operating Capital Charges for Grants and Grants and Expenses Services Contributions Contributions Function/Program Activities Primary Government Governmental activities: Executive- City Manager 451,267 $ - $ - $ - $ Administrative services 1,706,795 - - - Judicial 318,626 1,099 - - Legal 284,098 - - - General government 1,393,602 112,949 - 2,094,329 Police 7,165,048 1,211,293 808,581 - Fire 4,901,561 1,288,042 214,494 420,164 Engineering 1,020,006 937,365 - - Highways and streets 5,561,309 34,237 - - Animal control 377,798 46,955 - - Mosquito control 284,303 250,190 41,670 - Parks 1,362,942 61,115 - 76,034 Recreation 2,737,026 1,332,157 170,246 - Cemetery 272,797 68,563 - - Interest on long-term debt 388,593 - - - Total governmental activities 28,225,771 5,343,965 1,234,991 2,590,527 Business-type activities: Water 5,392,790 5,985,899 - 179,374 Waste water 3,349,373 3,797,171 - 1,382,929 Solid waste 2,307,135 2,213,056 - - Total business-type activities 11,049,298 11,996,126 - 1,562,303 Total Primary Government 39,275,069 $ 17,340,091 $ 1,234,991 $ 4,152,830 $ Component units: Downtown Development Authority 1,767 $ - $ 25,000 $ - $ Total component units 1,767 $ - $ 25,000 $ - $ General revenues: Taxes: Property taxes levied for general purposes Sales and use taxes Gas and fuel taxes Mineral and severance taxes Franchise taxes Investment earnings Miscellaneous income Transfers: Subsidy transfers Total general revenues and transfers Change in Net Assets Net assets- Beginning Net assets- Ending CITY OF LARAMIE, WYOMING STATEMENT OF ACTIVITIES For the Year Ended June 30, 2009 Program Revenues See Accompanying Notes to the Basic Financial Statements. ---PAGE BREAK--- 37 Governmental Business-type Component Activities Activities Total Unit (451,267) $ - $ (451,267) $ - $ (1,706,795) - (1,706,795) - (317,527) - (317,527) - (284,098) - (284,098) - 813,676 - 813,676 - (5,145,174) - (5,145,174) - (2,978,861) - (2,978,861) - (82,641) - (82,641) - (5,527,072) - (5,527,072) - (330,843) - (330,843) - 7,557 - 7,557 - (1,225,793) - (1,225,793) - (1,234,623) - (1,234,623) - (204,234) - (204,234) - (388,593) - (388,593) - (19,056,288) - (19,056,288) - - 772,483 772,483 - - 1,830,727 1,830,727 - - (94,079) (94,079) - - 2,509,131 2,509,131 - (19,056,288) $ 2,509,131 $ (16,547,157) $ - - $ - $ - $ 23,233 $ - - - 23,233 2,091,672 - 2,091,672 - 13,273,325 - 13,273,325 - 523,083 - 523,083 - 7,514,647 - 7,514,647 - 1,395,604 - 1,395,604 - 1,335,830 (211,682) 1,124,148 - 2,503,302 - 2,503,302 - 351,625 (351,625) - - 28,989,088 (563,307) 28,425,781 - 9,932,800 1,945,824 11,878,624 23,233 81,025,990 66,246,833 147,272,823 - 90,958,790 $ 68,192,657 $ 159,151,447 $ 23,233 $ Primary Government Net (Expense) Revenue and Changes in Net Assets