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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, 2017
<br />WITH COMPARATIVE TOTALS FOR YEAR ENDED DECEMBER 31, 2016
<br />
<br />
<br />
<br />(86)
<br />
<br />Increment
<br />3,400,000$ 3,000,000$
<br />Canabury G.O. TIF Bonds G.O Bonds TIF Bonds of
<br />Condos Notes 2008A 2014A 2015A 2001A 2017 2016
<br />(375) (309) (310) (320) (314) Totals Totals
<br />REVENUE
<br />Special Assessments:
<br />Current and Delinquent 7,537$ -$ -$ -$ -$ 7,537$ 11,297$
<br />Investment Earnings 161 - - - - 161 228
<br />Total Revenue 7,698 - - - - 7,698 11,525
<br />EXPENDITURES
<br />Debt Service:
<br />Principal Retirement 12,055 - 140,000 125,000 190,000 467,055 721,830
<br />Interest 1,189 - 89,865 26,743 99,875 217,672 228,829
<br />Miscellaneous 257 - - - 190 447 625
<br />Total Debt Service 13,501 - 229,865 151,743 290,065 685,174 951,284
<br />EXCESS (DEFICIENCY) OF REVENUE
<br /> OVER (UNDER) EXPENDITURES (5,803) - (229,865) (151,743) (290,065) (677,476) (939,759)
<br />OTHER FINANCE SOURCES
<br />Transfers In - - 229,865 165,869 290,065 685,799 923,650
<br />NET CHANGE IN FUND BALANCES (5,803) - - 14,126 - 8,323 (16,109)
<br />FUND BALANCES
<br />Beginning of Year 15,163 1,263 82,931 (14,126) - 85,231 101,340
<br />End of Year 9,360$ 1,263$ 82,931$ -$ -$ 93,554$ 85,231$
<br />General Obligation
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