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CITY OF LINO LAKES, MINNESOTA <br />SPECIAL REVENUE FUND-PROGRAM RECREATION <br />SCHEDULE OF REVENUES, EXPENDITURES, <br />AND CHANGES IN FUND BALANCE-BUDGET AND ACTUAL <br />Year Ended December 31, 2015 <br />Original Final <br />Budllet Budjlet <br />Revenue: <br />Charges for services: <br />Recreation fees $ 144,935 $ 144,935 <br />Investment earnings <br />Change in market value <br />Miscellaneous <br />Total revenue 144,935 144,935 <br />Expenditures: <br />Current: <br />Personal services 58,205 58,205 <br />Supplies 35,650 35,650 <br />Other services and charges <br />Contractual services 28,350 28,350 <br />Capital outlay 3,000 3,000 <br />Total expenditures 125,205 125,205 <br />Other financing sources (uses): <br />Transfers out <br />Net increase (decrease) in fund balance $ 19,730 $ 19,730 <br />Fund balance -January I <br />Fund balance-December 31 <br />2015 <br />Actual <br />$ 129,592 <br />827 <br />(299) <br />30 <br />130,150 <br />65,083 <br />52,623 <br />1,520 <br />30,794 <br />150,020 <br />(10,000) <br />(29,870) <br />114,049 - <br />$ 84,179 <br />Variance with <br />Final Budget <br />Positive <br />~ellative) <br />$ (15,343) <br />827 <br />(299) <br />30 <br />(14,785) <br />(6,878) <br />(16,973) <br />(1,520) <br />(2,444) <br />3,000 <br />(24,815) <br />{10,000) <br />$ (49,600) <br />Fiduciary Funds <br />Agency Fund <br />Agency Funds are used to account for assets held by the City as an agent for individuals, private <br />organizations, or other governments. The City maintained the following Agency fund during the year: <br />Contractor's Deposits-to account for pass-through costs relating to prospective developers. IV-48