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CITY OF LITTLE CANADA, MINNESOTA
<br />NONMAJOR DEBT SERVICE FUNDS
<br />COMBINING STATEMENT OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES
<br />YEAR ENDED DECEMBER 31, 2015
<br />WITH COMPARATIVE TOTALS FOR YEAR ENDED DECEMBER 31, 2014
<br />
<br />
<br />
<br />(84)
<br />
<br />$900,000 $3,400,000 $3,000,000 $1,790,000
<br />Canabury Improvement G.O Bonds TIF Bonds of TIF G.O. Bonds
<br />Condos Notes G.O. Bonds 2014A 2001A 2008A 2015 2014
<br />(375)(305)(310)(314)(309) Totals Totals
<br />REVENUE
<br />Special Assessments:
<br />Current and Delinquent 13,791$ -$ -$ -$ -$ 13,791$ 13,457$
<br />Investment Earnings 228 - - - - 228 521
<br />Total Revenue 14,019 - - - - 14,019 13,978
<br />EXPENDITURES
<br />Debt Service:
<br />Principal Retirement 11,575 90,000 145,000 195,000 100,000 541,575 381,315
<br />Interest 1,669 14,800 132,955 125,580 56,413 331,417 218,637
<br />Bond Issuance Costs - - - - 45,280 45,280 -
<br />Miscellaneous 245 180 - 170 170 765 1,206
<br />Total Expenditures 13,489 104,980 277,955 320,750 201,863 919,037 601,158
<br />EXCESS (DEFICIENCY) OF REVENUE
<br /> OVER (UNDER) EXPENDITURES 530 (104,980) (277,955) (320,750) (201,863) (905,018) (587,180)
<br />OTHER FINANCE SOURCES
<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 - 104,980 277,955 320,750 156,583 860,268 585,740
<br />Total Other Finance Sources - 104,980 277,955 320,750 1,513,430 2,217,115 668,671
<br />NET CHANGE IN FUND BALANCES 530 - - - 1,311,567 1,312,097 81,491
<br />FUND BALANCES
<br />Beginning of Year 16,616 - 82,931 - - 99,547 18,056
<br />End of Year 17,146$ -$ 82,931$ -$ 1,311,567$ 1,411,644$ 99,547$
<br />General Obligation Tax Increment
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