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<br />28
<br />CITY OF LINO LAKES, MINNESOTA
<br />STATEMENT OF REVENUES, EXPENDITURES, AND
<br />CHANGES IN FUND BALANCE - GOVERNMENTAL FUNDS
<br />Year Ended December 31, 2012
<br />G.O.Improvement Municipal
<br />ImprovementNoteState
<br />Revenue:GeneralBonds 2005A2009AAid
<br /> General property taxes7,183,444 $ -$ -$ -$
<br /> Tax increments- - - -
<br /> Licenses and permits319,172 - - -
<br /> Intergovernmental462,023 - - 3,941,961
<br /> Special assessments33,358 - 51,724 -
<br /> Charges for services309,777 - - -
<br /> Fines and forfeits155,956 - - -
<br /> Investment earnings38,603 - - 33,554
<br /> Refunds 58,416 - - -
<br /> Miscellaneous104,819 - - -
<br /> Total revenue8,665,568 - 51,724 3,975,515
<br />Expenditures:
<br /> Current:
<br /> General government1,608,240 - - -
<br /> Public safety3,861,265 - - -
<br /> Public works1,226,865 - - 8,953
<br /> Parks, recreation and forestry868,068 - - -
<br /> Conservation of natural resources165,858 - - -
<br /> Community development430,102 - - -
<br /> Capital outlay:
<br /> General government7,616 - - -
<br /> Public safety20,417 - - -
<br /> Public works- - - -
<br /> Conservation of natural resources6,250 - - -
<br /> Debt service:
<br /> Principal- 330,000 - -
<br /> Interest and fiscal charges- 203,648 98,267 -
<br /> Bond Issuance Costs- -
<br /> Total expenditures8,194,681 533,648 98,267 8,953
<br />Revenue over (under) expenditures470,887 (533,648) (46,543) 3,966,562
<br />Other financing sources (uses):
<br /> Transfer in - 159,000 46,543 -
<br /> Transfer out(842,250) - - (368,569)
<br /> Sale of property- - - -
<br /> Issuance of debt- - - -
<br /> Total other financing sources (uses)(842,250) 159,000 46,543 (368,569)
<br />Net increase (decrease) in fund balance(371,363) (374,648) - 3,597,993
<br />Fund balance - beginning of yea r 5,605,180 (1,628,613) 491 1,439,143
<br />Fund balance - December 315,233,817 $ (2,003,261)$ 491 $ 5,037,136 $
<br />The accompanying notes are an integral par t of these basic financial statements.
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