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CITY OF LINO LAKES, MINNESOTA
<br />MANAGEMENT'S DISCUSSION AND ANALYSIS
<br />DECEMBER 31, 2013
<br />GOVERNMENT -WIDE FINANCIAL ANALYSIS (CONTINUED)
<br />At the end of the current fiscal year, the City of Lino Lakes is able to report positive balances in all three
<br />categories of net position, both for the government as a whole, as well as for its separate governmental
<br />and business -type activities.
<br />Governmental activities Governmental activities decreased the City of Lino Lakes' net position by
<br />$1,309,002. Reductions in Capital Grants and Contributions and in the fair value of investments, interest
<br />on long-term debt service and property tax delinquencies account for this reduction for 2013.
<br />Business -type activities Business -type activities increased the City of Lino Lakes' net position by
<br />$522,358. Revenue from Charges for Services and transfers in provided directly for this increase.
<br />Condensed statements of revenues, expenses, and changes in net position highlights are as follows for
<br />the years ended December 31, 2013 and 2012:
<br />REVENUES
<br />Program Revenues:
<br />Charges for Services
<br />Operating Grants and Contributions
<br />Capital Grants and Contributions
<br />General Revenues:
<br />Property Taxes
<br />Franchise Taxes
<br />Other Taxes
<br />Contributions Not Restricted to
<br />Specific Programs
<br />Unrestricted Investment Earnings
<br />Change in Market Value
<br />Gain on Disposal of Capital Assets
<br />Total Revenues
<br />EXPENSES
<br />General Government
<br />Public Safety
<br />Public Service
<br />Parks, Recreation and Forestry
<br />Conservation of Natural Resources
<br />Community Development
<br />Interest on Long -Term Debt
<br />Water
<br />Sewer
<br />Total Expenses
<br />CHANGE IN NET POSITION
<br />BEFORE TRANSFERS
<br />Transfers
<br />CHANGE IN NET POSITION
<br />Net Position - Beginning of Year
<br />NET POSITION - END OF YEAR
<br />Governmental Activities
<br />Business -Type Activities
<br />Total
<br />20
<br />2013
<br />2012
<br />2013
<br />2012
<br />$ 1,452,169 $
<br />1,476,261
<br />$ 2,725,139
<br />$ 2,877,590
<br />$ 4,177,308 $
<br />4,353,851
<br />527,368
<br />450,179
<br />-
<br />-
<br />527,368
<br />450,179
<br />941,960
<br />5,125,693
<br />883
<br />20,018
<br />942,843
<br />5,145,711
<br />8,392,601
<br />8,461,621
<br />-
<br />-
<br />8,392,601
<br />8,461,621
<br />109,438
<br />95,003
<br />109,438
<br />95,003
<br />61,556
<br />54,085
<br />61,556
<br />54,085
<br />4,442
<br />4,941
<br />-
<br />-
<br />4,442
<br />4,941
<br />216,488
<br />202,828
<br />113,402
<br />102,073
<br />329,890
<br />304,901
<br />(270,692)
<br />-
<br />(158,175)
<br />-
<br />(428,867)
<br />-
<br />-
<br />4,175
<br />-
<br />-
<br />-
<br />4,175
<br />11,435,330
<br />15,874,786
<br />2,681,249
<br />2,999,681
<br />14,116,579
<br />18,874,467
<br />1,566,388
<br />1,883,961
<br />-
<br />-
<br />1,566,388
<br />1,883,961
<br />3,950,197
<br />4,046,415
<br />3,950,197
<br />4,046,415
<br />4,540,888
<br />5,584,283
<br />4,540,888
<br />5,584,283
<br />835,783
<br />1,210,867
<br />835,783
<br />1,210,867
<br />141,204
<br />184,051
<br />141,204
<br />184,051
<br />404,726
<br />430,121
<br />404,726
<br />430,121
<br />951,842
<br />837,755
<br />-
<br />-
<br />951,842
<br />837,755
<br />-
<br />-
<br />927,800
<br />949,121
<br />927,800
<br />949,121
<br />-
<br />-
<br />1,584,395
<br />1,527,637
<br />1,584,395
<br />1,527,637
<br />12,391,028
<br />14,177,453
<br />2,512,195
<br />2,476,758
<br />14,903,223
<br />16,654,211
<br />(955,698)
<br />1,697,333
<br />169,054
<br />522,923
<br />(786,644)
<br />2,220,256
<br />(353,304)
<br />41,043
<br />353,304
<br />(41,043)
<br />-
<br />1,309,002
<br />522,358
<br />481,880
<br />(77,76474T
<br />2,220,256
<br />51,400,492
<br />49,662,116
<br />40,900,108
<br />40,418,228
<br />92,300,600
<br />90,080,344
<br />$ 50,091,490 $
<br />51,400,492
<br />$ 41,422,466
<br />$ 40,900,108
<br />$ 91,513,956 $
<br />92,300,600
<br />15
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