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Comprehensive Annual Financial Report 12/31/2016
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Comprehensive Annual Financial Report 12/31/2016
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Comprehensive Annual Financial Report
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12/31/2016
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CITY OF LINO LAKES, MINNESOTA <br />SUBCOMBINING STATEMENT OF REVENUES, <br />EXPENDITURES AND CHANGES IN FUND BALANCE <br />NONMAJOR CAPITAL PROJECT FUNDS <br />For The Year Ended December 31, 2016 <br />Expenditures: <br />474 <br />475 <br />476 Otter <br />477 <br />Current: <br />I -35E <br />Traffic <br />Lake Road <br />21 st Ave <br />General government <br />Interchange <br />Signal <br />Extension <br />Extension <br />Revenues: <br />- <br />- <br />- <br />- <br />General property taxes <br />$ - <br />$ - <br />$ - <br />$ - <br />Tax increment <br />- <br />- <br />- <br />- <br />Intergovernmental <br />- <br />- <br />- <br />31,500 <br />Special assessments <br />- <br />- <br />- <br />- <br />Charges for services <br />- <br />- <br />- <br />- <br />Investment earnings <br />- <br />841 <br />1,111 <br />- <br />Net increase in fair value of investments <br />- <br />60 <br />80 <br />- <br />Miscellaneous <br />47,625 <br />- <br />- <br />- <br />Total revenues <br />47,625 <br />901 <br />1,191 <br />31,500 <br />Expenditures: <br />Current: <br />General government <br />- <br />- <br />- <br />- <br />Public services <br />- <br />- <br />- <br />- <br />Community development <br />- <br />- <br />- <br />- <br />Capital outlay: <br />General government <br />- <br />- <br />- <br />- <br />Public safety <br />- <br />- <br />- <br />- <br />Public services <br />12,645 <br />- <br />63,539 <br />50,243 <br />Debt service: <br />Interest and fiscal charges <br />- <br />- <br />- <br />- <br />Bond issuance costs <br />- <br />- <br />- <br />- <br />Total expenditures <br />12,645 <br />0 <br />63,539 <br />50,243 <br />Revenues over (under) expenditures <br />34,980 <br />901 <br />(62,348) <br />(18,743) <br />Other financing sources (uses): <br />Transfers in <br />224,186 <br />32,000 <br />115,350 <br />122,063 <br />Transfers out <br />- <br />(146,637) <br />(260,611) <br />- <br />Proceeds from issuance of debt <br />- <br />- <br />- <br />- <br />Premium on bonds issued <br />- <br />- <br />- <br />- <br />Proceeds from sale of capital assets <br />- <br />- <br />- <br />- <br />Total other financing sources (uses) <br />224,186 <br />(114,637) <br />(145,261) <br />122,063 <br />Special item - withdrawal from fire district <br />- <br />- <br />- <br />- <br />Net change in fund balance <br />259,166 <br />(113,736) <br />(207,609) <br />103,320 <br />Fund balance - January 1 <br />(259,166) <br />113,736 <br />207,609 <br />(302,954) <br />Fund balance - December 31 <br />$0 <br />$0 <br />$0 <br />($199,634) <br />132 <br />
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