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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, 2018
<br />WITH COMPARATIVE TOTALS FOR YEAR ENDED DECEMBER 31, 2017
<br />
<br />
<br />
<br />(77)
<br />
<br />Special Debt Capital
<br />Revenue Service Project 2018 2017
<br />REVENUE
<br />Property Taxes -$ -$ 172,690$ 172,690$ 140,531$
<br />Tax Increment Collections - - 487,619 487,619 350,528
<br />Intergovernmental - - 345,482 345,482 243,733
<br />Special Assessments - 9,914 28,267 38,181 40,206
<br />Charges for Services 444,334 - - 444,334 436,760
<br />Franchise Tax 123,529 - - 123,529 135,557
<br />Other Revenue:
<br />Investment Earnings 8,498 84 77,007 85,589 100,500
<br />Contributions and Donations - - 140,461 140,461 102,107
<br />Miscellaneous Revenue 15,732 - 144,385 160,117 210,077
<br />Total Revenue 592,093 9,998 1,395,911 1,998,002 1,759,999
<br />EXPENDITURES
<br />Current:
<br />General Government - - 450,155 450,155 186,213
<br />Public Works - - 9,488 9,488 7,313
<br />Community Service 498,582 - 9,134 507,716 485,643
<br />Capital Outlay 17,378 - 497,635 515,013 1,153,009
<br />Debt Service:
<br />Principal Retirement - 472,312 39,121 511,433 480,547
<br />Interest - 197,395 28,361 225,756 249,754
<br />Other Fiscal Charges - 1,290 - 1,290 447
<br />Miscellaneous - 477 - 477 -
<br />Total Expenditures 515,960 671,474 1,033,894 2,221,328 2,562,926
<br />EXCESS (DEFICIENCY)( OF REVENUE OVER
<br /> (UNDER) EXPENDITURES 76,133 (661,476) 362,017 (223,326) (802,927)
<br />OTHER FINANCE SOURCES (USES)
<br />Transfers In - 657,948 127,187 785,135 1,229,745
<br />Transfers Out (80,970) - (266,555) (347,525) (257,208)
<br />Proceed from Sale of Capital Assets - - 85,000 85,000 74,101
<br />Total Other Finance Sources (Uses) (80,970) 657,948 (54,368) 522,610 1,046,638
<br />NET CHANGE IN FUND BALANCES (4,837) (3,528) 307,649 299,284 243,711
<br />FUND BALANCES
<br />Beginning of Year 692,637 93,554 4,892,022 5,678,213 6,130,204
<br />End of Year 687,800$ 90,026$ 5,199,671$ 5,977,497$ 6,373,915$
<br />Total Nonmajor
<br />Governmental Funds
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