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CITY OF LINO LAKES, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />December 31, 2015 <br /> <br />58 <br /> <br />Note 7 METROPOLITAN COUNCIL ENVIRONMENTAL SERVICES <br />During 1971, the Metropolitan Waste Control Commission (MWCC) was organized to provide for consolidation of <br />the sanitary sewer collection, treatment and disposal in the seven county metropolitan area surrounding Minneapolis <br />and St. Paul. Previously, these operations were maintained by the city governments on an individual or collective <br />basis. The MWCC merged with the Metropolitan Council during 1994 to form Metropolitan Council Wastewater <br />Services (MCWS) and is now called the Metropolitan Council Environmental Services (MCES). The MCES bills <br />the City annually based upon estimated volume and budgeted costs. The City follows the accounting policy of <br />recognizing these charges as an expense of the sewer utility operation in the year for which they are billed. <br /> <br /> <br />Note 8 STEWARDSHIP, COMPLIANCE AND ACCOUNTABILITY <br />A. DEFICIT FUND BALANCES <br /> <br />The City has deficit fund balances at December 31, 2015 as follows: <br /> <br />Fund Balance <br />Deficit <br />G.O. Improvement Bonds 2005A (2,340,172)$ <br />Nonmajor Governmental Funds: <br /> 35E Interchange (259,166) <br /> Dedicated Parks (70,432) <br /> 21st Ave. Extension (302,954) <br /> Tax Increment Financing 1-11 (772,648) <br /> Blackduck/Aqua Ln Watermain Ext (51,086) <br /> 2015 Street Reconstruction (18,226) <br /> Improvement Bonds 2013A (200) <br />The City intends to fund these deficits through future tax levies, special assessment levies, tax increments, <br />transfers from other funds, and various other sources. <br /> <br />B. EXPENDITURES IN EXCESS OF BUDGET <br /> <br />The following is a listing of expenditure categories within the General Fund that exceed budget <br />appropriations: <br /> <br />Final <br />Budget Actual Excess <br />General government: <br />Administration 368,868$ 371,778$ (2,910)$ <br />Community development: <br />Community Development 206,424 209,457 (3,033) <br />Planning and Zoning Commission 114,610 123,049 (8,439)