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CITY OF LINO LAKES, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 2018
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<br />REVENUE PLEDGED
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<br />Future revenue pledged for the payment of long-term debt is as follows:
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<br />Remaining Principal Pledged
<br />Term of Principal and Interest Revenue
<br />Bond Issue Use of Proceeds Type Pledge and Interest Paid Received
<br />Certificates of Indebtedness Equipment purchases Ad valorem taxes 2016 - 2021 $1,091,430 $537,650 $562,872
<br />2007A G.O. TIF Bonds Infrastructure improvements 2008 - 2023 $1,622,773 $252,126 $252,776
<br />2011 - 2019 $226,750 $113,175 $113,281
<br />2012A G.O. Bonds Infrastructure improvements 2013 - 2023 $1,083,433 $244,660 $193,492
<br />2013A Improvement Bonds Infrastructure improvements Special assessments 2014 - 2023 $419,700 $74,460 $222,639
<br />2014A Improvement Bonds Infrastructure improvements Special assessments 2015 - 2025 $1,894,869 $399,632 $402,403
<br />2015A G.O. Bonds Infrastructure improvements Ad valorem taxes 2016 - 2030 $3,139,093 $258,262 $273,420
<br />2015B EDA Lease Revenue Bonds Construction of a fire station Ad valorem taxes 2016 - 2035 $5,387,068 $300,888 $318,282
<br />2016A Capital Note Cable communications equipment Franchise fees 2016 - 2025 $216,497 $36,019 $37,820
<br />2016A Utility Revenue Bonds Water infrastructure improvements 2017 - 2026 $1,408,200 $157,100 $163,764
<br />2016B Improvement Bonds Infrastructure improvements 2017 - 2020 $1,526,473 $501,575 $278,137
<br />2016C G.O. Tax Abatement Bonds Infrastructure improvements Ad valorem taxes 2017 - 2022 $1,424,763 $244,150 $275,421
<br />2018A G.O. Bonds Infrastructure improvements 2019-2033 $9,267,246 $ - $ - Ad valorem taxes, trunk
<br />utility charges
<br />Tax increment, MSA
<br />funding via transfers
<br />Ad valorem taxes,
<br />special assessments
<br />Special assessments, tax
<br />increment
<br />Trunk utility charges via
<br />transfers
<br />Revenue Pledged Current Year
<br />2010A Improvement and Utility
<br />Revenue Bonds
<br />General and water infrastructure
<br />improvements
<br />Special assessments,
<br />trunk utility charges
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<br />66
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