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CITY OF LITTLE CANADA, MINNESOTA
<br />NONMAJOR GOVERNMENTAL FUNDS
<br />COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND
<br />CHANGES IN FUND BALANCES
<br />YEAR ENDED DECEMBER 31, 2017
<br />WITH COMPARATIVE TOTALS FOR YEAR ENDED DECEMBER 31, 2016
<br />
<br />
<br />
<br />(78)
<br />
<br />Special Debt Capital
<br />Revenue Service Project 2017 2016
<br />REVENUE
<br />Property Taxes -$ -$ 140,531$ 140,531$ 135,247$
<br />Tax Increment Collections - - 350,528 350,528 582,455
<br />Intergovernmental - - 243,733 243,733 239,919
<br />Special Assessments - 7,537 32,669 40,206 49,452
<br />Charges for Services 436,760 - - 436,760 433,936
<br />Franchise Tax 135,557 - - 135,557 133,804
<br />Other Revenue:
<br />Investment Earnings 11,876 161 88,463 100,500 88,315
<br />Contributions and Donations - - 102,107 102,107 294,559
<br />Miscellaneous Revenue 19,574 - 190,503 210,077 36,494
<br />Total Revenue 603,767 7,698 1,148,534 1,759,999 1,994,181
<br />EXPENDITURES
<br />Current:
<br />General Government - - 186,213 186,213 195,427 Public Works - - 7,313 7,313 7,290
<br />Community Service 476,513 - 9,130 485,643 486,237
<br />Capital Outlay - - 1,153,009 1,153,009 403,854
<br />Debt Service:
<br />Principal Retirement - 467,055 13,492 480,547 735,071
<br />Interest - 217,672 32,082 249,754 264,045
<br />Other Fiscal Charges - 447 - 447 43,285
<br />Total Expenditures 476,513 685,174 1,401,239 2,562,926 2,135,209
<br />EXCESS (DEFICIENCY)( OF REVENUE OVER
<br /> (UNDER) EXPENDITURES 127,254 (677,476) (252,705) (802,927) (141,028)
<br />OTHER FINANCE SOURCES (USES)
<br />Payment of Refunded Bonds - - (1,400,000)
<br />Transfers In - 685,799 543,946 1,229,745 1,412,978
<br />Transfers Out (60,815) - (196,393) (257,208) (209,576)
<br />Proceed from Sale of Capital Assets - - 74,101 74,101 16,075
<br />Total Other Finance Sources (Uses) (60,815) 685,799 421,654 1,046,638 (180,523)
<br />NET CHANGE IN FUND BALANCES 66,439 8,323 168,949 243,711 (321,551)
<br />FUND BALANCES
<br />Beginning of Year 659,829 85,231 5,385,144 6,130,204 6,451,755
<br />End of Year 726,268$ 93,554$ 5,554,093$ 6,373,915$ 6,130,204$
<br />Total Nonmajor
<br />Governmental Funds
<br />
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