Loading...
HomeMy WebLinkAboutECM 2025 LiquorAFFIDAVIT 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. §331 A.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 04/03/2026 and the last insertion being on 04/03/2026. 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. .,_A' e--� Designated Agent Subscribed and sworn to or affirmed before me on 04/03/2026 Notary Public " r ;imisci,)n F; rJ�,?-1 31, 207.P Rate Information: (1) Lowest classified rate paid by commercial users for comparable space: $999.99 per column inch Ad ID 1527399 CITY OF COLUMBIA HEIGHTS, MINNESOTA LIQUOR FUND STATEMENT OF NET POSITION DECEMBER 31, 2025 Assets Current assets: Cash and cash equivalents $ 1,366,809 Receivables: Interest 14,700 Inventory - at cost 1,887,085 Total current assets 3,268,594 Noncurrent assets: Capital assets: Land 2,106,001 Buildings 4,364,438 Equipment 509,846 Total capital assets 6,980,285 Less: Accumulated depreciation (2,692,5071 Net capital assets 4,287,778 Total noncurrent assets 4,287,778 Total assets 7,556,372 Liabilities Current liabilities: Accounts payable 387,037 Accrued salaries and withholdings payable 37,320 Due to other governmental units 107,795 Accrued interest payable 12,192 Bonds payable - current 295,000 Total current liabilities 839,344 Noncurrent liabilities: Bonds payable - noncurrent 937,121 Total noncurrent liabilities 937,121 Total liabilities 1,776,465 Net Position Net investments in capital assets 3,055,657 Restricted for debt service 323,703 Unrestricted 2,400,547 Total net position $5,779,907 ANALYSIS OF MUNICIPAL LIQUOR STORE OPERATIONS For the Year Ended December 31, 2025 Charges for sales Cost of goods sold Gross profit Gross profit percentage Operating expenses Net income from operations Nonoperating revenues (expenses): Investment income: Interest and dividends 46,500 Change in fair value 12,800 Intergovernmental 3,187 Miscellaneous expense (14,086) Interest and fiscal charges (26,559) Total nonoperaling revenues (expenses) 21,842 Net income before Iransters 321,265 Transfers (out) (157,800) Change in net position 163,465 Net position - beginning 5,616,443 Net position - ending $5,779,908 Published in The Life April 3, 2026 1527399