HomeMy WebLinkAboutLiquor Fund StatementAFFIDAVIT OF PUBLICATION
STATE OF MINNESOTA ) ss
COUNTY OF ANOKA
Karen Nelson being duly sworn on an oath,
states or affirms that he/she is the Publisher's
Designated Agent of the newspaper(s) known
as:
BSLP Col Hght Frid Life
with the known office of issue being located
in the county of:
ANOKA
with additional circulation in the counties of:
RAMSEY
and has full knowledge of the facts stated
below:
(A) The newspaper has complied with all of
the requirements constituting qualifica-
tion as a qualified newspaper as provided
by Minn. Stat. §331A.02.
(B) This Public Notice was printed and pub-
lished in said newspaper(s) once each
week, for 1 successive week(s); the first
insertion being on 03/25/2022 and the last
insertion being on 03/25/2022.
MORTGAGE FORECLOSURE NOTICES
Pursuant to Minnesota Stat. §580.033
relating to the publication of mortgage
foreclosure notices: The newspaper complies
with the conditions described in §580.033,
subd. 1, clause (1) or (2). If the newspaper's
known office of issue is located in a county
adjoining the county where the mortgaged
premises or some part of the mortgaged
premises described in the notice are located,
a substantial portion of the newspaper's
circulation is in the latter county.
By:nj S �L
Designated Agent
Subscribed and sworn to or affirmed before
me on 03/25/2022 by Karen Nelson.
Notary Public
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DARLENE MARIE MACPHERSON
NOTARY ?UBUC - WNNESOTA
Nry Com imm E>ies Jan 31, 2024
Rate Information:
(1) Lowest classified rate paid by commercial users
for comparable space:
$22.00 per column inch
Ad ID 1214914
CITY OF COLUMBIA HEIGHTS, MINNESOTA
LIQUOR FUND
STATEMENT OF NET POSITION
December 31, 2021
Assets
Current assets:
Cash and cash equivalents
$1,619,336
Receivables:
Interest
2,900
Inventory - at cost
2,157,143
Total current assets
3,779,379
Noncurrent assets:
Capital assets:
Land
2,006,714
Buildings
4,182,265
Equipment
481.370
Total capital assets
6,670,349
Less: Accumulated depreciation
(2,101,282)
Net capital assets
4,569,067
Total noncurrent assets
4.569.067
Total assets
66
Liabilities
Current liabilities:
Accounts payable
287,559
Accrued salaries and withholdings payable
21,095
Due to other governmental units
96,013
Accrued interest payable
22,482
Bonds payable - current
260.000
Total current liabilities
687,149
Noncurrent liabilities:
Bonds payable - noncurrent
2,092,106
Total noncurrent liabilities
2,092,1111"
Total liabilities
2,779,255
Net Position
Net investments in capital assets
2,216,961
Restricted for debt service
304,567
Unrestricted
3047,663
Total net position
$5.569.191
CITY OF COLUMBIA HEIGHTS, MINNESOTA
LIQUOR FUND
ANALYSIS OF MUNICIPAL LIQUOR STORE OPERATIONS
For the Year Ended December 31, 2021
Charges for sales
$8,938,505
Cost of goods sold
6.7.19,459
Gross profit
2,189,046
Gross profit percentage 24%
Operating expenses
1,783,210
Net income from operations
405,836
Nonoperating revenues (expenses):
Investment income:
- Interest and dividends
6,200
Change in fair value
(8,700)
Intergovernmental
4,414
Miscellaneous expense
(2,500)
Interest and fiscal charges
(46,718)
Total nonoperating revenues (expenses)
(47,304)
Net income before transfers
358,532
Transfers (out)
(165,2501
Change in net position
193,282
Net position - beginning
5,375,909
Net position - ending
$5.589.191
Published in
The Life
March 25, 2022
1214914