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CITY OF LINO LAKES, MINNESOTA
<br />COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND
<br />CHANGES IN FUND BALANCE - NONMAJOR GOVERNMENTAL FUNDS
<br />Year Ended December 31, 2013
<br />78
<br />Capital Projects (Continued)
<br />Office
<br />Tax Increment
<br />Tax Increment
<br />Equipment
<br />Legacy Woods
<br />Financing
<br />Financing
<br />Dedicated
<br />I35E
<br />Revolving
<br />Edge
<br />1-10
<br />1-11
<br />Parks
<br />Interchange
<br />Fund
<br />Improvement
<br />Revenue:
<br />General property taxes
<br />$ -
<br />$ -
<br />$
<br />$
<br />$
<br />$
<br />Tax increments
<br />142,736
<br />85,829
<br />Special assessments
<br />-
<br />-
<br />-
<br />Charges for services
<br />-
<br />-
<br />Investment earnings
<br />2,461
<br />32
<br />2,437
<br />2,658
<br />5,302
<br />Net increase (decrease) in fair value of investments
<br />(3,527)
<br />(43)
<br />(3,430)
<br />(3,716)
<br />(7,409)
<br />Refunds
<br />-
<br />-
<br />-
<br />Miscellaneous
<br />-
<br />-
<br />16,204
<br />-
<br />Total revenue
<br />141,670
<br />85,829
<br />16,193
<br />(993)
<br />(1,058)
<br />(2,107)
<br />Expenditures:
<br />Current:
<br />General government:
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Public works
<br />71,428
<br />25,044
<br />Parks, recreation and forestry
<br />-
<br />-
<br />-
<br />-
<br />Community development
<br />1,014
<br />7,432
<br />-
<br />Capital outlay:
<br />General government
<br />-
<br />-
<br />6,053
<br />Public safety
<br />-
<br />Debt service:
<br />Principal
<br />-
<br />Interest and fiscal charges
<br />14,880
<br />Bond issuance costs
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Total expenditures
<br />1,014
<br />7,432
<br />14,880
<br />71,428
<br />6,053
<br />25,044
<br />Revenue over (under) expenditures
<br />140,656
<br />78,397
<br />1,313
<br />(72,421)
<br />(7,111)
<br />(27,151)
<br />Other financing sources (uses):
<br />Transfer in
<br />-
<br />-
<br />50,000
<br />25,000
<br />Transfer out
<br />(142,736)
<br />(85,000)
<br />-
<br />-
<br />Sale of property
<br />-
<br />Issuance of debt
<br />-
<br />Premium on bonds issued
<br />-
<br />Payment on refunding bond
<br />-
<br />-
<br />Total other financing
<br />sources (uses)
<br />(142,736)
<br />(85,000)
<br />50,000
<br />25,000
<br />Net increase (decrease) in fund balance
<br />(2,080)
<br />(6,603)
<br />51,313
<br />(72,421)
<br />17,889
<br />(27,151)
<br />Fund balance (deficit) -
<br />Beginning ofyear
<br />189,274
<br />(763,593)
<br />(495,592)
<br />274,525
<br />251,689
<br />554,416
<br />Fund balance (deficit) - December 31
<br />$ 187,194
<br />$ (770,196)
<br />$ (444,279)
<br />$ 202,104
<br />$ 269,578
<br />$ 527,265
<br />78
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