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CITY OF LITTLE CANADA, MINNESOTA
<br />NONMAJOR GOVERNMENTAL FUNDS
<br />COMBINING STATEMENT OF REVENUE, EXPENDITURES, AND
<br />CHANGES IN FUND BALANCES
<br />YEAR ENDED DECEMBER 31, 2015
<br />WITH COMPARATIVE TOTALS FOR YEAR ENDED DECEMBER 31, 2014
<br />
<br />
<br />
<br />(76)
<br />
<br />Special Debt Capital
<br />Revenue Service Project 2015 2014
<br />REVENUE
<br />Property Taxes -$ -$ 132,302$ 132,302$ 113,664$
<br />Tax Increment Collections - - 210,119 210,119 269,954
<br />Special Assessments - 13,791 34,637 48,428 46,467
<br />Charges for Services 435,680 - - 435,680 426,923
<br />Franchise Tax 127,865 - - 127,865 125,594
<br />Other Revenue:
<br />Investment Earnings 17,812 228 58,582 76,622 126,246
<br />Contributions and Donations - - 136,826 136,826 102,235
<br />Miscellaneous Revenue 987 - 29,136 30,123 37,290
<br />Total Revenue 582,344 14,019 601,602 1,197,965 1,248,373
<br />EXPENDITURES
<br />Current:
<br />General Government - - - - 112,924
<br />Community Service 470,650 - - 470,650 464,649
<br />Capital Outlay 426,011 - 303,242 729,253 -
<br />Debt Service:
<br />Principal Retirement - 541,575 12,955 554,530 393,979
<br />Interest - 331,417 16,892 348,309 257,150
<br />Other Fiscal Charges - 765 - 765 1,206
<br />Bond Issue Costs - 45,280 - 45,280 -
<br />Total Expenditures 896,661 919,037 333,089 2,148,787 1,229,908
<br />EXCESS (DEFICIENCY)( OF REVENUE OVER
<br /> (UNDER) EXPENDITURES (314,317) (905,018) 268,513 (950,822) 18,465
<br />OTHER FINANCE SOURCES (USES)
<br />Proceeds from Issuance of Debt - 1,335,000 - 1,335,000 -
<br />Premium on Issued Debt - 21,847 - 21,847 82,931
<br />Transfers In - 860,268 - 860,268 585,740
<br />Transfers Out (56,120) - (25,592) (81,712) (92,533)
<br />Proceed from Sale of Capital Assets - - - - 1,000
<br />Total Other Finance Sources (Uses)(56,120) 2,217,115 (25,592) 2,135,403 577,138
<br />NET CHANGE IN FUND BALANCES (370,437) 1,312,097 242,921 1,184,581 595,603
<br />FUND BALANCES
<br />Beginning of Year 985,743 99,547 3,179,816 4,265,106 2,973,016
<br />End of Year 615,306$ 1,411,644$ 3,422,737$ 5,449,687$ 3,568,619$
<br />Total Nonmajor
<br />Governmental Funds
<br />
<br />
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