Crow Wing County Minnesota Tax Forfeited Land Sale - 2021

Page 1

Echo Journal | Wednesday, July 14, 2021

pineandlakes.com (Published in the Brainerd Dispatch, July 4 & 11, 2021, 2t.; Echo Journal, July 7 & 14, 2021, 2t.) CROW WING COUNTY TAX FORFIETED LAND SALE NOTICE IS HEREBY GIVEN that the lands described in the 2021 Final Tax Forfeited Land Sale List attached to this notice shall be sold to the highest bidder and for not less than the appraised value at public sale. The sale will be held at 10:00 AM on Friday July 23 at the Land Services Building, 322 Laurel Street in Brainerd. Crow Wing County makes no warranties or representations as to the title of lands to be sold. The sale will be governed by the provisions of Minn. Stat. Chapter 282 and by the resolution of the Crow Wing County Board of Commissioners authorizing the sale. /s/ Gary Griffin GARY GRIFFIN, COUNTY LAND SERVICES DIRECTOR CROW WING COUNTY, MINNESOTA The resolution is as follows: Resolution #2021-32 NOW THEREFORE, BE IT RESOLVED the Board of Commissioners of Crow Wing County, Minnesota does authorize pursuant to Minn. Stat. § 282.01 that such lands be sold for not less than the appraised value at public sale to be held at 10:00 AM, Friday, July 23, 2021 by the Crow Wing County Land Services Director at the Crow Wing County Land Services Building, Brainerd, Minnesota. BE IT FURTHER RESOLVED the Board of Commissioners of Crow Wing County, Minnesota authorizes the following terms for sales of forfeited lands: Sales of $1,000.00 or less shall be paid in cash at the time of purchase; Sales greater than $1,000.00 require a minimum down payment of 15% of the purchase price at the time of purchase. For sales of $1,001.00 to $20,000.00, the balance payable may be made in five annual installments of principal and interest. For sales over $20,000.00, the balance payable may be made in ten annual installments of principal and interest. Interest rates applicable to contract terms are determined pursuant to Minn. Stat. § 279.03 Subdivision 1a. In addition to the down payment, purchasers are required to pay at the time of sale 3% of the total sale price pursuant to Minn. Stat. § 284.28. A $25.00 transaction fee shall apply to all sales and is due at the time of sale. All parcels are sold as-is, subject to any easements of record, and Minn. Stat. § 284.20. All lots sizes and acreage are approximate. A complete list of sale terms is on file in the County Land Services Department for public inspection.clerk@uslink.net Special Assessments

Appraised Land Value & Timber

40060573 40240636

$18,640.15 $26,214.02 $19,822.77

$17,400.00 $27,100.00 $17,900.00

41190565

$5,162.65

41241632 41191508 41300718

$479.14

Appraised Land Value & Timber

Minimum Starting Bid

Description (Parcel ID)

Special Assessments

$8,800.00

$13,962.65

$0.00

$8,100.00

$8,100.00

$0.00

$10,100.00

$10,100.00

$1,200.32

$5,800.00

$7,000.32

10161163, 10161162, 10161161

$7,400.00

$7,879.14

10161139, 10161140

$0.00

$900.00

$900.00

City of Brainerd

Appraised Land Value & Timber

| B5

Minimum Starting Bid

City of Breezy Point

41180575

$0.00

$11,400.00

$11,400.00

10200634

$2,806.44

$11,000.00

$13,806.44

41180574

$7,043.65

$11,500.00

$18,543.65

10080964

$1,301.98

$7,400.00

$8,701.98

41301044

$0.00

$4,700.00

$4,700.00

10161765

$0.00

$13,800.00

$13,800.00

41250935

$0.00

$3,800.00

$3,800.00

10161763

$0.00

$15,600.00

$15,600.00

41360844

$434.58

$4,000.00

$4,434.58

$4,900.00

$4,900.00

$0.00

$10,700.00

$10,700.00

10161384, 10161383

$0.00

41241630 41360615

$0.00

$3,500.00

$3,500.00

10171196, 10171195

$0.00

$6,400.00

$6,400.00

41251101

$956.48

$4,400.00

$5,356.48

$5,800.00

$5,800.00

$1,211.58

$7,200.00

$8,411.58

10171175, 10171174

$0.00

41301023 41190684

$4,102.11

$12,800.00

$16,902.11

$4,600.00

$4,600.00

$0.00

$300.00

$300.00

10170854, 10170853

$0.00

41251103 41301008

$131.25

$5,600.00

$5,731.25

10040951, 10040952

$0.00

$5,700.00

$5,700.00

41300922

$0.00

$11,700.00

$11,700.00

10160985

$0.00

$3,300.00

$3,300.00

41250768

$16,600.26

$9,600.00

$26,200.26

10161667

$4,616.75

$11,400.00

$16,016.75

41190601

$8,388.95

$10,500.00

$18,888.95

10170601

$0.00

$7,700.00

$7,700.00

41241214

$0.00

$7,400.00

$7,400.00

$10,800.00

$10,800.00

$32,473.73

$20,500.00

$52,973.73

10170990, 10170989, 10170988

$0.00

41280507

10171061, 10171060, 10171059

$0.00

$5,400.00

$5,400.00

10171214, 10171212, 10171199, 10171198

$0.00

$12,100.00

$12,100.00

41241032

$43,742.78

$55,100.00

$98,842.78

$2,303.26

$14,400.00

$16,703.26

41301048

$0.00

$100.00

$100.00

41301043

$0.00

$3,400.00

$3,400.00

$53,314.02

10020692

$0.00

$4,900.00

$4,900.00

$37,722.77

10020677

$0.00

$4,900.00

$4,900.00

11112077

$4,602.00

$2,200.00

$6,802.00

$0.00

$8,100.00

$8,100.00

$11,700.00

$11,700.00

$6,800.00

$6,800.00

11112255, 11112254, 11112253, 11112252, 11112251, 11112250, 11112249, 11112248, 11112247

$0.00

$0.00

11112246, 11112245

$0.00

$3,900.00

$3,900.00

14090611

$0.00

$53,100.00

$53,100.00

14300536

$0.00

$28,300.00

$28,300.00

Minimum Starting Bid

City of Baxter 40010583

Special Assessments

CLASSIFIEDS

41191555, 41191554

CROW WING COUNTY 2021 FINAL TAX FORFEITED LAND SALE LIST Description (Parcel ID)

Description (Parcel ID)

|

City of Breezy Point

$36,040.15

40240635

$19,822.77

$18,000.00

$37,822.77

10170630

40240634

$19,822.77

$17,700.00

$37,522.77

10020539

40240633

$19,822.77

$17,600.00

$37,422.77

10081014

$0.00

$6,300.00

$6,300.00

$2,107.71

$6,800.00

$8,907.71

40240630

$19,822.77

$17,800.00

$37,622.77

10080752

40240629

$19,822.77

$17,700.00

$37,522.77

10080797

$2,107.71

$6,100.00

$8,207.71

$0.00

$300.00

$300.00

40240628

$19,822.77

$17,900.00

$37,722.77

10211168

40240626

$19,822.77

$16,900.00

$36,722.77

$8,976.81

$6,300.00

$15,276.81

40240549

$19,822.77

$13,400.00

$33,222.77

40240548

$19,822.77

$14,800.00

$34,622.77

10161639, 10161638, 10161637, 10161636 10040852, 10040851, 10040850

$0.00

$5,800.00

$5,800.00

40240541

$19,822.77

$18,300.00

$38,122.77

40240536

$19,822.77

$16,000.00

$35,822.77

City of Crosby

City of Crosslake

40240535

$19,822.77

$17,500.00

$37,322.77

10020523

$0.00

$6,200.00

$6,200.00

40240534

$19,822.77

$12,500.00

$32,322.77

10081184

$0.00

$5,700.00

$5,700.00

City of Cuyuna 19310616

$0.00

$25,300.00

$25,300.00

City of Deerwood

40240533

$19,822.77

$15,200.00

$35,022.77

10080574

$2,107.71

$6,400.00

$8,507.71

40240532

$19,822.77

$14,000.00

$33,822.77

10161119

$0.00

$600.00

$600.00

20080638

$0.00

$6,800.00

$6,800.00

$7,100.00

20090500

$0.00

$4,400.00

$4,400.00

40010584

$18,640.14

$9,500.00

$28,140.14

10040587

$0.00

$7,100.00

40010582

$18,640.14

$12,500.00

$31,140.14

10081147

$0.00

$6,300.00

$6,300.00

40010581

$18,640.14

$10,500.00

$29,140.14

10080597

$2,107.71

$6,700.00

$8,807.71

40010580

$18,640.14

$10,500.00

$29,140.14

40010579

$18,640.14

$10,500.00

$29,140.14

40010578

$18,640.14

$11,900.00

$30,540.14

40010577

$18,640.14

$16,500.00

$35,140.14

40010569

$18,640.14

$10,300.00

$28,940.14

40010568

$18,640.14

$11,300.00

$29,940.14

40010563

$18,640.14

$8,500.00

$27,140.14

40010562

$18,640.14

$13,700.00

40010561

$18,640.14

40010560

$4,700.00

$4,700.00

10160888

$0.00

$900.00

$900.00

24140515, 24140514

10161782, 10161781

$8,967.81

$4,100.00

$13,067.81

$0.00

$4,500.00

$4,500.00

$2,107.71

$6,500.00

$8,607.71

$32,340.14

10040847, 10040846

$0.00

$5,700.00

$5,700.00

$12,500.00

$31,140.14

10081022

$0.00

$5,600.00

$5,600.00

$18,640.14

$10,800.00

$29,440.14

10081030

$0.00

$6,300.00

$6,300.00

40060820

$23,257.37

$17,100.00

$40,357.37

$2,107.71

$7,600.00

$9,707.71

40190506

$11,501.52

$18,000.00

$29,501.52

10080727, 10080726

40190504

$11,501.52

$17,100.00

$28,601.52

10080750

$0.00

$6,200.00

$6,200.00

40190503

$11,501.52

$13,700.00

$25,201.52

40240530

$34,504.59

$30,800.00

$65,304.59

40240529

$11,501.52

$16,400.00

$27,901.52

40240528

$11,501.52

$14,900.00

$26,401.52

$14,900.00

$26,401.52

40240526

$11,501.52

$14,900.00

$26,401.52

40240525

$11,501.52

$16,700.00

$28,201.52

40240523

$11,501.52

$16,100.00

$27,601.52

40240522

$11,501.52

$14,900.00

$26,401.52

40240521

$11,501.52

$14,600.00

$26,101.52

40240519

$11,501.52

$14,700.00

$26,201.52

40240518

$11,501.52

$13,400.00

$24,901.52

40240517

$11,501.52

$13,400.00

$24,901.52

40240515

$11,501.52

$18,400.00

$29,901.52

40240514

$11,501.52

$16,400.00

$27,901.52

40240513

$11,501.52

$15,500.00

$27,001.52

40240512

$11,501.52

$13,700.00

$25,201.52

40240511

$11,501.52

$12,200.00

$23,701.52

$74,800.00

$74,900.00

$74,900.00

10161645

$8,976.81

$4,100.00

$13,076.81

50020569

$0.00

$48,800.00

$48,800.00

10161644

$8,976.81

$4,300.00

$13,276.81

10040879

$0.00

$800.00

$800.00

10161468, 10161467, 10161466

$0.00

$6,800.00

$6,800.00

10161185

$0.00

$400.00

$1,900.00

56090581

$0.00

$1,900.00

$1,900.00

10160871, 10160870

$0.00

$600.00

$600.00

56090614

$0.00

$1,900.00

$1,900.00

10160809

$0.00

$300.00

$300.00

56090661

$0.00

$1,900.00

$1,900.00

10160797, 10160796

$0.00

$3,700.00

$3,700.00

56090746

$0.00

$1,900.00

$1,900.00

56090702

$0.00

$1,900.00

$1,900.00

57340513

$0.00

57340506 57340507 57340504

$0.00

$5,900.00

$5,900.00

40080521

$18,814.23

$6,200.00

$25,014.23

10080661

$0.00

$6,900.00

$6,900.00

40080520

$18,814.23

$6,200.00

$25,014.23

10080540

$0.00

$6,500.00

$6,500.00

40060832

$19,769.43

$16,900.00

$36,669.43

10081166

$0.00

$6,000.00

$6,000.00

10161487, 10161486, 10161485, 10161484, 10161483

$2,938.20

$6,600.00

$9,538.20

$0.00

$19,000.00

$19,000.00

City of Brainerd 41301062, 41301061

$426.14

$8,000.00

$8,426.14

$37,600.00

$400.00

10080756

40030611

$37,600.00

Town of Crow Wing $1,400.00

$16,491.55

$4,600.00

$0.00

$1,900.00

$6,200.00

$4,600.00

53330529

$1,400.00

$10,291.55

$0.00

Town of Center

$0.00

40080522

40070798

$1,100.00

$0.00

$5,700.00

$408,456.61

$1,100.00

Town of Bay Lake

56090597

$5,700.00

$212,200.00

City of Trommald

56090708

$0.00

$196,256.61

$0.00

$74,800.00

10080758

40170585

33320638

$0.00

$16,491.55

$13,300.00

$4,600.00

$0.00

$6,200.00

$110,192.68

$4,600.00

50010568

$10,291.55

$95,900.00

$0.00

50010569

40080523

$13,300.00

29101046, 29101045

$8,462.71

$6,200.00

$0.00

$18,000.00

$3,200.00

$6,200.00

$14,292.68

$18,000.00

City of Pequot Lakes

$5,262.71

$0.00

40060920

$0.00

10161859

10080894

40070796

29150628, 29150627

$8,462.71

$20,579.08

$76,564.50

$100.00

$3,200.00

$11,000.00

$34,871.50

$250,800.00

$100.00

$5,262.71

$9,579.08

$26,600.00

$250,800.00

$0.00

10161860

40010537

$14,000.00

$0.00

28350501

$8,162.71

$5,700.00

$49,964.50

28150659

$2,900.00

$5,700.00

$20,871.50

$13,650.00

$5,262.71

$0.00

40030614

$13,200.00

City of Nisswa

10161861

10080897

40060839

$450.00

$5,800.00

$26,101.52

$51,218.14

25100732

$8,207.71

$14,600.00

$23,800.00

$2,845.00

$5,800.00

$11,501.52

$27,418.14

$1,600.00

City of Ironton

$6,100.00

40190502

40030529

$1,245.00

$0.00

$6,500.00

$40,290.41

25100599

$2,107.71

$6,500.00

$23,100.00

$13,500.00

10080904

$0.00

$17,190.41

$13,500.00

10081080

10080915

40060742

$0.00

$1,000.00

$22,501.52

$19,449.20

24130723

$1,000.00

$11,000.00

$11,900.00

$10,086.36

$0.00

$11,501.52

$7,549.20

$5,156.35

$4,600.00

10161813

40240508

40020629, 40020628, 40020627

$4,600.00

$5,486.36

$6,500.00

$6,800.00

$25,190.27

$556.35

24130601

$6,500.00

$6,800.00

$16,600.00

24130719

$0.00

$0.00

$8,590.27

$13,900.00

10080746

10081050

40060795

$13,900.00

$6,200.00

$22,801.52

$33,844.83

$0.00

$6,200.00

$11,300.00

$11,300.00

$71,600.00

$0.00

$11,501.52

$22,544.83

$71,600.00

10080748

40240510

40060553

$0.00

City of Garrison

$0.00

10080602

$11,501.52

22190510

10160904, 10160903

10161490

40240527

City of Fifty Lakes

10171017, 10171016, 10170993, 10170992

$0.00

$6,800.00

10161877

$5,262.71

$1,400.00

10161874

$5,262.71

$1,400.00

10161789, 10161788, 10161787

$17,935.62

$7,500.00

$25,435.62

10171122, 10171121, 10171120

$0.00

10211020

$0.00

$3,300.00

$3,300.00

10081002

$0.00

$8,500.00

$8,500.00

$8,000.00

Town of Daggett Brook $20,000.00

$20,000.00

$0.00

$26,000.00

$26,000.00

$0.00

$20,300.00

$20,300.00

$0.00

$51,500.00

$51,500.00

Town of Dean Lake 58020515

$0.00

$19,100.00

$19,100.00

58020514

$0.00

$25,600.00

$25,600.00

Town of Fairfield 60280507

$0.00

$59,000.00

$59,000.00

60020504

$0.00

$39,500.00

$39,500.00

60230515

$0.00

$66,100.00

$66,100.00

Town of Garrison

$6,800.00 67310559, 67310558, 67310557

$1,104.03

$6,662.71

67360585

$0.00

$2,700.00

$2,700.00

$6,662.71

67360567, 67360566

$0.00

$17,900.00

$17,900.00

67360603

$0.00

$1,500.00

$1,500.00

67360560

$0.00

$9,200.00

$9,200.00

$8,000.00

$11,500.00

$12,604.03

67360539

$0.00

$5,900.00

$5,900.00

67230506

$0.00

$20,200.00

$20,200.00

67230505

$0.00

$19,200.00

$19,200.00

67250540

$0.00

$37,300.00

$37,300.00


B6 |

CLASSIFIEDS

Description (Parcel ID)

Special Assessments

67250539

$0.00

67250541

|

Wednesday, July 14, 2021 | Echo Journal

Appraised Land Value & Timber

pineandlakes.com

Minimum Starting Bid

Description (Parcel ID)

Special Assessments

Minimum Starting Bid

Description (Parcel ID)

Special Assessments

$13,000.00

$13,000.00

81200597

$0.00

$3,200.00

$3,200.00

$0.00

$4,400.00

$4,400.00

$0.00

$66,200.00

$66,200.00

88010583, 88010582

$0.00

$36,000.00

$36,000.00

81150538

67260560, 67260559, 67260558, 67260557

$0.00

$6,200.00

$6,200.00

81120558

$0.00

$2,300.00

$2,300.00

$0.00

$5,900.00

$5,900.00

81200511

$0.00

$3,100.00

$3,100.00

88010544, 88010543 88010537

$0.00

$2,200.00

$2,200.00

67360621

$0.00

$4,100.00

$4,100.00

82330552

$0.00

$213,700.00

$213,700.00

67360617

$0.00

$9,500.00

$9,500.00

82120566

$0.00

$77,000.00

67310554, 67310553, 67310552, 67310551

$5,314.14

$10,200.00

$15,514.14

82120568

$0.00

82120569

$0.00

67360562

$0.00

$6,300.00

$6,300.00

85150529

$0.00

$13,600.00

$13,600.00

67360553, 67360552

$0.00

$9,800.00

$9,800.00

85150505

$0.00

$36,200.00

$36,200.00

67240513

$21,891.09

$89,700.00

$111,591.09

85030501

$0.00

$91,100.00

$91,100.00

67120529

$0.00

$60,100.00

$60,100.00

8527I001

$0.00

$14,800.00

$14,800.00

67260778

$0.00

$12,100.00

$12,100.00

68250504

$0.00

$100.00

$100.00

68260715

$0.00

$24,300.00

$24,300.00

68240544

$0.00

$138,300.00

$138,300.00

Town of Garrison

Appraised Land Value & Timber

Town of Oak Lawn

88110526

$0.00

$4,600.00

$4,600.00

$77,000.00

88110521, 88110520

$0.00

$5,400.00

$5,400.00

$83,900.00

$83,900.00

88010967

$0.00

$4,600.00

$4,600.00

$87,100.00

$87,100.00

88010556, 88010555

$0.00

$9,400.00

$9,400.00

88040568

$0.00

$10,300.00

$10,300.00

88010951

$0.00

$4,300.00

$4,300.00

88010585

$0.00

$3,300.00

$3,300.00

88010942

$0.00

$4,000.00

$4,000.00

88010739

$0.00

$4,400.00

$4,400.00

88011092

$0.00

$3,900.00

$3,900.00

88011090

$0.00

$40,800.00

$40,800.00

88011091

$0.00

$12,000.00

$12,000.00

88011095

$0.00

$32,000.00

$32,000.00

88011089

$0.00

$42,500.00

$42,500.00

88060520

$0.00

$35,900.00

$35,900.00

Town of Perry Lake

Town of Platte Lake

71140589, 7114C002

$0.00

$15,700.00

$15,700.00

$0.00

$6,600.00

$6,600.00

71140700

$0.00

$46,400.00

$46,400.00

Town of Jenkins $0.00

$38,100.00

$38,100.00

Town of Lake Edward 73240543

$0.00

$92,400.00

$92,400.00

Town of Little Pine 74100510

$0.00

$19,000.00

$19,000.00

Town of Mission 77170564

$0.00

$64,300.00

$64,300.00

Town of Nokay Lake 78140536

$0.00

$41,400.00

$0.00

$47,300.00

$47,300.00

86010510

$0.00

$38,000.00

$38,000.00

86230506

$0.00

$21,800.00

$21,800.00

86230504

$0.00

$58,500.00

$58,500.00

87240501

$0.00

$10,400.00

$10,400.00

87200562

$0.00

$6,100.00

$6,100.00

$41,400.00

88010976

$0.00

$3,000.00

$3,000.00

88010561

$0.00

$3,200.00

$3,200.00

88010559

$0.00

$3,600.00

$3,600.00

88010553

$0.00

$3,600.00

$3,600.00

88011018, 88011017

$0.00

$6,400.00

$6,400.00

88011016

$0.00

$3,200.00

88010568

$0.00

88010566

$0.00

88010963 88010729

$ 3,012,463 $ 1,286.83

Expenditures Current General Government Public Safety Public Works Parks and Recreation Economic Development Cemetery Debt Service Principal Interest and Other Charges Capital Outlay

$ 2,622,676 $ 1,120.32

$73,100.00

$73,100.00

Town of Wolford

$20,400.00

$20,400.00

$25,400.00

$25,400.00

$3,200.00

$3,200.00

99210529

$0.00

$26,100.00

$26,100.00

$3,500.00

$3,500.00

99140506

$0.00

$160,600.00

$160,600.00

$0.00

$3,500.00

$3,500.00

99200506

$13,168.85

$31,400.00

$44,568.85

$0.00

$2,300.00

$2,300.00

99350507

$0.00

$500.00

$500.00

14.86% 14.86%

Total Expenditures Per Capita

$ 5,795,547 $ 2,470.40

$ 2,477,112 $ 1,058.14

133.96% 133.47%

Total Long-Term Indebtedness Per Capita

$ 2,549,101 $ 1,086.57

$ 526,173 $ 224.76

384.46% 383.43%

General Fund and Special Revenue Funds Committed, Assigned, and Unassigned Fund Balance - December 31 Per Capita

$ 5,200,672 $ 2,216.83

$ 5,631,758 $ 2,405.71

-7.65% -7.85%

Total Noncurrent Liabilities Total Liabilities Deferred Inflows of Resources OPEB Pensions Total Deferred Outflows of Resources Net Position Net Investment in Capital Assets Unrestricted Total Net Position

Enterprise Funds Sewer

Totals

$ 971,955 363 53,011

$ 1,458,191 $ 2,430,146 363 726 87,878 140,889

$ 1,025,329

$ 1,546,432 $ 2,571,761

$1,107,075

$ 156,969 1,412,835

$ 156,969 2,519,910

Total Noncurrent Assets

$ 1,107,075

$ 1,569,804 $ 2,676,879

Total Assets

$ 2,132,404

$ 3,116,236 $ 5,248,640

$ 3,332

$ 3,332

$ 6,664

$ 35,658 1,258 76 8,804 437 60,000

$ 67,726 1,258 76 437 -

$ 103,384 2,516 152 8,804 874 60,000

$ 106,233

$ 69,497

$ 175,730

$ 504 731,324 2,235 15,910

$ 504 2,235 15,910

$ 1,008 731,324 4,470 31,820

$27,953.70

$ 749,973 $ 856,206

$ 18,649 $ 88,146

$ 768,622 $ 944,352

$ 2,066 1,348 $ 3,414

$ 2,066 1,348 $ 3,414

$ 4,132 2,696 $ 6,828

$ 315,751 960,365 $ 1,276,116 ____________

$ 1,569,804 $ 1,885,555 1,458,204 2,418,569 $ 3,028,008 ____________ $ 4,304,124 ____________

CITY OF PEQUOT LAKES STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION PROPRIETARY FUNDS YEAR ENDED DECEMBER 31, 2020 Enterprise Funds Water Sewer Totals Operating Revenues Charges for Services $ 293,023 $ 305,336 $ 598,359 Total Operating Revenues

$ 293,023

$ 305,336

$ 598,359

$ 26,526 8,582 2,936 54,347 3,249 13,904 11,887 74,495

$ 26,525 2,944 22,016 56,654 5,743 16,593 4,721 66,847

$ 53,051 11,526 24,952 111,001 8,992 30,497 16,608 141,342

$ 195,926

$ 202,043

$ 397,969

$ 97,097

$ 103,293

$ 200,390

Nonoperating Revenues (Expenses) Special Assessments Intergovernmental Investment Income Rental Income Miscellaneous Interest and Other Charges

$ (57) 43 21,333 9,748 (21,577)

$ (69) 43 33,186 2,115 1,183 -

$ (126) 86 54,519 2,115 10,931 (21,577)

Net Nonoperating Revenues (Expenses)

$ 9,490

$ 36,458

$ 45,948

$ 106,577

$ 139,751

$ 246,338

$ (1,845)

$ (1,845)

$ (3,690)

$ 104,742

$ 137,906

$ 242,648

Operating Expenses Wages and Benefits Materials and Supplies Repairs and Maintenance Professional Services Insurance Utilities Miscellaneous Depreciation Total Operating Expenses Net Operating Income

Transfers Interfund Capital Asset Transfers Water

$27,500.00

Town of 1st Assessment

Net Income (Loss) before Transfers

CITY OF PEQUOT LAKES STATEMENT OF NET POSITION PROPRIETARY FUNDS DECEMBER 31, 2020

Noncurrent Liabilities Compensated Absences Due After One Year Bonds Due After One Year Net OPEB Liability Net Pension Liability

$0.00

$0.00

-31.96% 281.83% 805.89%

Total Current Liabilities

89300510

99210530

116,639 20,502 378,604

Liabilities Current Liabilities Accounts Payable Accrued Salaries Due to Other Governments Accrued Interest Compensated Absences Due Within One Year Bonds Due Within One Year

$247,400.00

$3,200.00

79,359 78,282 3,429,742

Deferred Outflows of Resources Pensions

$41,600.00

$247,400.00

$0.00

25.85% 1.66% 20.39% 63.45% 6.30% -

Noncurrent Assets Capital Assets Not Depreciated Capital Assets Being Depreciated (Net)

$41,600.00

$0.00

99210531

$ 476,263 1,010,129 384,198 37,293 53,484 -

Total Current Assets

$0.00

89280511

$453.70

$ 599,384 1,026,852 462,521 60,956 56,856 1,595

Assets Current Assets Cash and Cash Equivalents Assessments Receivable Accounts Receivable

89180550

9525E001

(Published in the Echo Journal, July 14, 2021, 1t.) CITY OF PEQUOT LAKES SUMMARY FINANCIAL REPORT Lakes to interested citizens. The complete financial statements may be examined at the Pequot Lakes City Hall, 4638 Main Street, Pequot Lakes. Questions about this report should be directed to Angie Duus, City Clerk/Treasurer (218)568-2351. REVENUES AND EXPENDITURES FOR GENERAL OPERATIONS (GOVERNMENTAL FUNDS) Percent Total Total Increase 2020 2019 (Decrease) Revenues Taxes $ 1,833,659 $ 1,649,183 11.19% Tax Increment 19,213 Franchise Taxes 11,836 5,585 111.92% Licenses, Permits and Fees 12,808 16,180 -20.84% Intergovernmental 444,126 228,439 94.42% Charges for Services 326,864 347,045 -5.82% Fines 12,115 37,691 -67.86% Investment Income 163,766 163,043 0.44% Loan Collections 39,891 Miscellaneous 148,185 175,510 -15.57% Total Revenues Per Capita

Town of Ross Lake

Town of Roosevelt

71200532

72250589

86010509

Town of Rabbit Lake

Town of Irondale

Minimum Starting Bid

Town of Roosevelt

Town of Pelican

Town of Ideal

Appraised Land Value & Timber

Change in Net Position Total Net Position - Beginning

$ 1,171,374

$ 2,890,102 $ 4,061,476

Total Net Position - Ending

$ 1,276,116 ____________

$ 3,028,008 ____________ $ 4,304,124 ____________

CITY OF PEQUOT LAKES STATEMENT OF CASH FLOWS PROPRIETARY FUNDS YEAR ENDED DECEMBER 31, 2020 Water

Enterprise Funds Sewer

Totals

Cash Flows From Operating Activities Cash Received from Customers Cash Paid to Suppliers Cash Paid to Employees

$ 290,059 (95,790) (26,689)

$ 304,230 (105,187) (26,689)

$ 594,289 (200,977) (53,378)

Net Cash Provided by Operating Activities

$ 167,580

$ 172,354

$ 339,934

$ 9,791

$ 3,341

Cash Flows From Capital and Related Financing Activities Special Assessments Purchases of Capital Assets Payments on Debt Principal Cash Paid for Interest

$ 505 $ (5,205) $ (60,156) $ (22,140)

$ 493 $ (16,705) $ (195) $-

Net Cash Used by Capital and Related Financing Activities

$ (86,996)

$ (16,407) $ (103,403)

Cash Flows From Noncapital Financing Activities Special Assessments, Intergovernmental and Other Revenue

Cash Flows From Investing Activities Investment Income

$ 13,132 $ 998 $ (21,910) $ (60,351) $ (22,140)

$ 21,333

$ 33,186

$ 54,519

Net Change in Cash and Cash Equivalents

$ 111,708

$ 192,474

$ 304,182

Cash and Cash Equivalents - Beginning of Year

$ 860,247

$ 1,265,717 $ 2,125,964

Cash and Cash Equivalents - End of Year

$ 971,955 __________

$ 1,458,191 ____________ $ 2,430,146 ____________

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