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CITY OF LINO LAKES, MINNESOTA
<br />SUBCOMBINING STATEMENT OF REVENUES,Statement 24
<br />EXPENDITURES AND CHANGES IN FUND BALANCE Page 1 of 2
<br />NONMAJOR DEBT SERVICE FUNDS
<br />For The Year Ended December 31, 2016
<br />330 G.O.
<br />328 G.O.329 G.O.Utility
<br />315 Improvement Tax Abatement Revenue
<br />Certificates Bonds Bonds Bonds
<br />of Indebtedness of 2005B of 2006C of 2006D
<br />Revenues:
<br />General property taxes $534,062 $451 $278,320 $ -
<br />Special assessments 121 11,829 150 7,821
<br />Investment earnings 2,130 176 3,692 913
<br />Net increase in fair value
<br />of investments 129 11 197 62
<br />Miscellaneous - - - -
<br />Total revenues 536,442 12,467 282,359 8,796
<br />Expenditures:
<br />Debt service:
<br />Principal 474,000 - 170,000 65,000
<br />Interest and fiscal charges 35,486 - 79,030 4,904
<br />Bond issuance costs - - 35,504 -
<br />Total expenditures 509,486 0 284,534 69,904
<br />Revenues over (under) expenditures 26,956 12,467 (2,175)(61,108)
<br />Other financing sources:
<br />Transfers in - - - 69,254
<br />Proceeds from issuance of debt - - 1,600,000 -
<br />Total other financing sources - - 1,600,000 69,254
<br />Net change in fund balance 26,956 12,467 1,597,825 8,146
<br />Fund balance - January 1 129,806 18,635 259,282 179,736
<br />Fund balance - December 31 $156,762 $31,102 $1,857,107 $187,882
<br />119
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