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CITY OF LITTLE CANADA, MINNESOTA
<br />COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
<br />CHANGES IN FUND BALANCE
<br />NONMAJOR GOVERNMENTAL FUNDS
<br />For The Year Ended December 31, 2019
<br />With Comparative Totals for the Year Ended December 31, 2018
<br />Special Debt Capital
<br />Revenues:Revenue Service Project 2019 2018
<br /> General property taxes -$ -$ 157,448$ 157,448$ 172,690$
<br /> Franchise taxes 119,128 - - 119,128 123,529
<br /> Tax increment collections - - 538,791 538,791 487,619
<br /> Special assessments - 14,046 31,888 45,934 38,181
<br /> Intergovernmental - - - - 345,482
<br /> Charges for services 454,325 - 13,300 467,625 444,334
<br /> Investment earnings (loss)19,590 145 123,868 143,603 85,589
<br /> Contributions - - 43,416 43,416 100,415
<br /> Donations - - 35,600 35,600 40,046
<br /> Miscellaneous 19,740 - 53,938 73,678 160,117
<br /> Total revenues 612,783 14,191 998,249 1,625,223 1,998,002
<br />Expenditures:
<br /> Current:
<br /> General government - 600 1,960 2,560 450,155
<br /> Housing and economic development - - 171,268 171,268 -
<br /> Public works - - - - 9,488
<br /> Sanitation 413,046 - - 413,046 402,294
<br /> Parks and recreation 95,183 - 6,500 101,683 105,422
<br /> Capital outlay:
<br /> General government - - - - 40,370
<br /> Economic development - - - - -
<br /> Public safety - - 61,484 61,484 26,520
<br /> Public works - - - - 111,189
<br /> Parks and recreation - - - - 336,934
<br /> Debt service:
<br /> Principal retirement - 282,434 13,916 296,350 511,433
<br /> Interest - 105,588 25,123 130,711 225,756
<br /> Fiscal charges - 950 - 950 1,290
<br /> Miscellaneous - 1,839 126 1,965 477
<br /> Total expenditures 508,229 391,411 280,377 1,180,017 2,221,328
<br />Revenues over (under) expenditures 104,554 (377,220) 717,872 445,206 (223,326)
<br />Other financing sources (uses):
<br /> Transfers in - 376,628 - 376,628 785,135
<br /> Transfers out (85,535) - (188,193) (273,728) (347,525)
<br /> Proceeds from the sale of capital assets - - - - 85,000
<br /> Total other financing sources (uses)(85,535) 376,628 (188,193) 102,900 522,610
<br />Net increase (decrease) in fund balance 19,019 (592) 529,679 548,106 299,284
<br />Fund balance - January 1 687,800 90,026 3,298,417 4,076,243 5,678,213
<br />Fund balance - December 31 706,819$ 89,434$ 3,828,096$ 4,624,349$ 5,977,497$
<br />Totals
<br />Nonmajor
<br />Governmental Funds
<br />89
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