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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, 2015
<br />86
<br />Debt Service (Continued)
<br />Tax
<br />Utility
<br />CIP
<br />Improvement
<br />Abatement
<br />Revenue
<br />Refunding
<br />TIF
<br />Bonds of
<br />Bonds
<br />Bonds
<br />Bonds
<br />Bonds
<br />2005B
<br />2006C
<br />2006D
<br />2006E
<br />2007A
<br />Revenue:
<br />General property taxes
<br />$ 876
<br />$ 264,155
<br />$ $
<br />449,496
<br />$
<br />Tax increments
<br />-
<br />-
<br />-
<br />Intergovernmental
<br />-
<br />-
<br />-
<br />Special assessments
<br />18,052
<br />441
<br />26,608
<br />808
<br />Charges for services
<br />-
<br />-
<br />-
<br />-
<br />Investment earnings
<br />210
<br />610
<br />651
<br />3,627
<br />Net increase (decrease) in fair
<br />value of investments
<br />(13)
<br />(209)
<br />(234)
<br />(1,308)
<br />Refunds
<br />-
<br />-
<br />-
<br />Miscellaneous
<br />-
<br />-
<br />-
<br />-
<br />Total revenue
<br />19,125
<br />264,997
<br />27,025
<br />452,623
<br />Expenditures:
<br />Current:
<br />General government
<br />-
<br />-
<br />-
<br />-
<br />Public safety
<br />-
<br />Parks, recreation and forestry
<br />-
<br />-
<br />Conservation of natural resources
<br />-
<br />-
<br />Community development
<br />-
<br />-
<br />Capital outlay:
<br />General government
<br />-
<br />-
<br />Public safety
<br />-
<br />-
<br />Public works
<br />-
<br />-
<br />-
<br />-
<br />Debt service:
<br />Principal
<br />420,000
<br />155,000
<br />60,000
<br />360,000
<br />360,000
<br />Interest and fiscal charges
<br />13,450
<br />85,893
<br />7,683
<br />56,450
<br />105,176
<br />Bond issuance costs
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Total expenditures
<br />433,450
<br />240,893
<br />67,683
<br />416,450
<br />465,176
<br />Revenue over(under)expenditures
<br />(414,325)
<br />24,104
<br />(40,658)
<br />36,173
<br />(465,176)
<br />Other financing sources (uses):
<br />Transfer in
<br />-
<br />-
<br />66,834
<br />-
<br />464,976
<br />Transfer out
<br />-
<br />-
<br />-
<br />-
<br />Issuance of debt
<br />-
<br />-
<br />Premium on bonds issued
<br />-
<br />-
<br />-
<br />-
<br />Total other financing
<br />sources (uses)
<br />-
<br />-
<br />66,834
<br />-
<br />464,976
<br />Net increase (decrease)in fund balance
<br />(414,325)
<br />24,104
<br />26,176
<br />36,173
<br />(200)
<br />Fund balance (deficit) -
<br />Beginning ofyear
<br />432,960
<br />235,178
<br />153,560
<br />854,330
<br />149,896
<br />Fund balance (deficit) - End of Year
<br />$ 18,635
<br />$ 259,282
<br />$ 179,736 $
<br />890,503
<br />$ 149,696
<br />86
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