HomeMy WebLinkAboutECM Liquor FundAFFIDAVIT OF PUBLICATION
STATE OF MINNESOTA ) ss
COUNTY OF ANOKA
I do solemly swear that the notice, as per the
proof, was published in the edition of the
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 04/11/2025 and the last
insertion being on 04/11/2025.
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 tteY county.
B
esignated Agent
Subscribed and sworn to or affirmed before
me on 04/11/2025
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Y�°My Commission E fires lan. 31, 2029
Rate Information:
(1) Lowest classified rate paid by commercial users
for comparable space:
$999.99 per column inch
Ad ID 1461860
CITY OF COLUMBIA HEIGHTS, MINNESOTA
LIQUOR FUND
STATEMENT OF NET POSITION
DECEMBER 31, 2024
Assets
Current assets:
Cash and cash equivalems
S 1,331,450
Receivables:
Interest
71000
Inventory - at cost
1.89 1,024
Tow current assets
3,219,474
Noncurrent assets:
Capital assets:
Land
2.106,001
Buildings
4,364,438
Equipment
509,846
Total capital assets
6,980.285
Less: Accumulated depreciation
(2.555,682)
Net capital assets
4A24403
Total noncurrent assets
4,424,60
Total assets
7k,14.077
Liabilities
Current liabilities;
Accounts payable
356,900
Accrued salaries and withbohfings payable
30,539
Due to other governmental uaits
102,520
Accrued interest payable
15,747
Bonds payable - current
285,000
Total current liabilities
790,706
Noncurrent liabilities:
Bonds payable - noncurrent 1,236,765
Total noncurrent liabilities 11236,765
Total liabilities 2,027,471
Net Position
Net investments in capital assets
2,902,838
Restricted for debt service
318.783
Unrestricted
2,394,985
Total net position
55,616.606
ANALYSIS OF MUNICIPAL LIQUOR STORE OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 2024
Charges for sWcs
59,668-126
Cam of goods sold
7,161,872
Gross profit
2,506.354
Gross profit percentage
26%
Operating expenses
2,110.455
Net income from operations
395,899
Nonaperating revenues (expenses):
Investment income:
Imercst and dividends
3"00
Change in fair %mine
7,200
Intergovervarental
2,996
miscellancoms, expense
(11,976)
Interest and fiscal charges
(33,305)
Total nonoperating revenues (expenses)
3,204
Not incortic before transfers
399,103
Transfers(out)
(152,1300)
Change in net position
246,303
Net position - beginning
5,370.302
Net position - ending
!65.616�605
Published in
The Life
April 11, 2025
1461860