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05-26-2021 Council Packet
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05-26-2021 Council Packet
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CITY OF LITTLE CANADA, MINNESOTA <br />COMBINING STATEMENT OF REVENUES, <br />EXPENDITURES AND CHANGES IN FUND BALANCE <br />NONMAJOR DEBT SERVICE FUNDS <br />For The Year Ended December 31, 2020 <br />With Comparative Totals for the Year Ended December 31, 2019 <br />Canabury GO Bonds GO Bonds <br />Condo Notes 2014A 2015A <br />(375)(310)(320)2020 2019 <br />Revenues: <br /> Special assessments: <br /> Current 5,379$ -$ -$ 5,379$ 6,863$ <br /> Delinquent - - - - 146 <br /> Prepayments on deferred 396 - - 396 6,994 <br /> Penalties 9 - - 9 43 <br /> Investment earnings (loss)- - - - 145 <br />Total revenues 5,784 - - 5,784 14,191 <br />Expenditures: <br /> Current: <br /> General government: <br /> Contractual services 200 200 200 600 600 <br /> Debt service: <br /> Principal retirement 12,808 145,000 130,000 287,808 282,434 <br /> Interest 436 80,675 18,653 99,764 105,588 <br /> Fiscal charges - 475 475 950 950 <br /> Miscellaneous 55 375 375 805 1,839 <br />Total expenditures 13,499 226,725 149,703 389,927 391,411 <br />Revenues over (under) expenditures (7,715) (226,725) (149,703) (384,143) (377,220) <br />Other financing sources (uses): <br /> Transfers in (out)- 226,725 149,703 376,428 376,628 <br />Net increase (decrease) in fund balance (7,715) - - (7,715) (592) <br />Fund balance - January 1 6,503 82,931 - 89,434 90,026 <br />Fund balance - December 31 (1,212)$ 82,931$ -$ 81,719$ 89,434$ <br />General Obligation Totals <br />Nonmajor <br />Debt Service Funds <br />103
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