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Water Utility 21 City of Lino Lakes, Minnesota – Water and Sewer Rate Study Update AREA & UNIT CHARGE FUNDRevenues 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022Quarterly Fees242,400 245,560 249,720 253,880 258,040 263,200 268,360 274,520 280,680 287,840 295,000 Special Assessments - ExistingSpecial Assessments - New - - 42,096 87,909 262,575 262,575 262,575 262,575 262,575 395,768 501,864 Water Trunk Charges 222,085 222,085 316,085 316,085 316,085 410,085 410,085 504,085 504,085 598,085 598,085 Sewer Trunk Charges167,745 167,745 238,745 238,745 238,745 309,745 309,745 380,745 380,745 451,745 451,745 Total Revenue 632,230 635,390 846,646 896,619 1,075,445 1,245,605 1,250,765 1,421,925 1,428,085 1,733,438 1,846,694 Operating ExpensesCapital Outlay - 606,614 2,940,355 2,571,110 398,343 902,818 4,751,653 2,040,138 5,563,488 1,490,356 4,940,354 OtherTotal Operating Expenses - 606,614 2,940,355 2,571,110 398,343 902,818 4,751,653 2,040,138 5,563,488 1,490,356 4,940,354 Revenue Over (Under) Expenditures 632,230 28,776 (2,093,709) (1,674,491) 677,102 342,787 (3,500,889) (618,213) (4,135,403) 243,082 (3,093,659) Other Financing Sources (Uses)Transfer in 34,511 35,861 34,646 33,416 34,627 35,726 - - - - - Bond Proceeds - 317,307 337,185 1,285,555 - 902,818 4,751,653 2,040,138 4,951,055 1,490,356 4,940,354 Debt Service - existing (405,911) (383,470) (361,542) (313,013) (26,764) (30,623) - - - - - Debt Service - new - - (37,198) (77,742) (236,239) (236,239) (347,548) (933,384) (1,184,915) (1,795,335) (1,979,082) OtherTotal Non Operating Revenues (Expenses) (371,400) (30,301) (26,909) 928,217 (228,376) 671,682 4,404,105 1,106,754 3,766,140 (304,979) 2,961,272 Net Increase (Decrease) in fund balance 260,831 (1,525) (2,120,617) (746,274) 448,726 1,014,470 903,217 488,541 (369,263) (61,897) (132,388) Beginning Cash & Investments 3,217,984 3,478,815 3,477,289 1,356,672 610,397 1,059,123 2,073,593 2,976,810 3,465,350 3,096,088 3,034,191 Net Income 260,831 (1,525) (2,120,617) (746,274) 448,726 1,014,470 903,217 488,541 (369,263) (61,897) (132,388) Ending Cash Balance 3,478,815 3,477,289 1,356,672 610,397 1,059,123 2,073,593 2,976,810 3,465,350 3,096,088 3,034,191 2,901,803 Water Utility Financial
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