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Comprehensive Annual Financial Report 12/31/2014
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Comprehensive Annual Financial Report 12/31/2014
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Comprehensive Annual Financial Report
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12/31/2014
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CITY OF LINO LAKES, MINNESOTA <br />NOTE TO REQUIRED SUPPLEMENTARY INFORMATION <br />December 31, 2014 <br />Note 1 BUDGETS <br />The General Fund budget is legally adopted on a basis consistent with U.S. Generally Accepted Accounting Principles. <br />The legal level of budgetary control is at the department level. The following is a listing of expenditures that exceeded <br />budget appropriations. <br />General Fund: <br />General government: <br />General government buildings: <br />Public safety <br />Fire protection <br />Parks and recreation: <br />Recreation: <br />Conservation of natural resources: <br />Solid waste abatement <br />Community development: <br />Planning and zoning commission <br />Actual in <br />Final Excess of <br />Budget Actual Budget <br />$ 419,163 $ 431,605 $ (12,442) <br />507,712 511,050 (3,338) <br />297,227 298,506 (1,279) <br />64,239 75,416 (11,177) <br />112,088 114,285 (2,197) <br />The excess expenditures were paid for with available fund balance during 2014. <br />
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