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Management's Discussion and Analysis
<br />The City's net position increased by $11,013,769 during 2019. Key elements of this increase
<br />are as follows:
<br />City of Lino Lakes' Changes in Net Position
<br />Governmental ActMties BlL'liness-Type Activities Totals
<br />2019 2018 2019 2018 2019
<br />Revenues:
<br />Program revenues:
<br />Charges for services $3,141,500 $2,602,483 $2,943,723 $2,971,301 $6,085,223
<br />Operating grants and contributions 870,532 861,429 870,532
<br />Capital grants and contributions 6,820,419 5,187,023 2,894,794 1,242,032 9,715,213
<br />General revenues:
<br />General property taxes 10,035,681 9,767,468 10,035,681
<br />Tax increment 671,296 462,223 671,296
<br />Grants and contributions not
<br />restricted to specific programs 38,926 59,508 38,926
<br />Unrestricted imestment earnings 1,029,944 369,485 523,554 213,434 1,553,498
<br />Gain on disposal of capital assets 68472 17318 68472
<br />2018
<br />$5,573,784
<br />861,429
<br />6,429,055
<br />9,767,468
<br />462,223
<br />59,508
<br />582,919
<br />17318
<br />Total revenues 22,676,770 19J26,237 6J62,071 4,426,767 2920382841 ~704
<br />Expenses:
<br />General gowmment 2,466,130 2,345,386 2,466,130 2,345,386
<br />Public safety 5,053,511 4,749,394 5,053,511 4,749,394
<br />Public services 5,810,919 5,384,522 5,810,919 5,384,522
<br />Conserwtion of naturual. resources 183,982 201,590 183,982 201,590
<br />Community development 686,421 576,794 686,421 576,794
<br />Interest and fees on long-term debt 498,587 414,607 498,587 414,607
<br />Wate, 1,322,811 1,332,755 1,322,811 1,332,755
<br />Se\\O, 2,002,111 1 964471 2.002.111 1 964471
<br />Total expenses 14,699,550 13,672J93 3J25J22 3J97J26 18,025,072 16,969,519
<br />Increase in net p:,sition before transfers 7,977,220 5,654,644 3,036,549 1,129,541 11,013,769 6,784,185
<br />Thansfers !1,311,593) !472J70) IJll,593 472J70
<br />Change in net position 6,665,627 5,182J74 4J48,142 1,601,911 11,013,769 6,784,185
<br />Net position -January 1 51,797,892 46,615~18 48J79,906 46 677 995 100,077,798 93J93,61l
<br />Net position -December 31 $58.463,519 $51?97,892 $52,628,048 $48,279,906 si 11,091.561 s100,011,19s
<br />Governmental Activities
<br />Governmental activities increased the City's net position by $6,665,627 during 2019.
<br />Property tax levied to reduce debt, new assessment rolls, contributions of capital assets from
<br />private sources and increased investment earnings all contributed to the increase in 2019.
<br />This increase was partially offset by transfers out to business-type activities of $1,311,593.
<br />Management's Discussion and Analysis
<br />Below are specific graphs which provide comparisons of the governmental activities
<br />revenues and expenses:
<br />Governmental AcUvlUes -Revenues
<br />Other raenne 8%
<br />chll!,cs tor acmccs 11"Yo
<br />GovernmantalAl:1lvfflN -ExpenHS
<br />Cmu;avatiuo uINatuml
<br />Rcsoum:s
<br />I"
<br />l'ublicSaviccs
<br />~0% IV-5
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