|
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030Actual Estimated Estimated Estimated Estimated Estimated Estimated Estimated Estimated Estimated Estimated EstimatedAmountsAmountsAmountsAmountsAmountsAmountsAmountsAmountsAmountsAmountsAmountsAmountsRevenuesProperty taxes-$ -$ -$ 321,000$ 595,000$ 1,220,000$ 1,095,000$ 940,000$ 1,440,000$ 1,500,000$ 800,000$ 700,000$ Interest earnings (1)23,772 5,978 5,734 1,322 36 1,334 3,930 2,941 3,296 1,609 1,545 1,897 Miscellaneous973 - - - - - - - - - - - Total Revenues24,745 5,978 5,734 322,322 595,036 1,221,334 1,098,930 942,941 1,443,296 1,501,609 801,545 701,897 ExpendituresCapital outlayFire- - 45,000 46,350 47,741 331,673 625,648 292,500 1,100,000 1,100,000 57,005 58,715 Police85,879 82,796 150,000 154,500 148,526 295,035 247,610 220,262 179,109 122,988 213,686 287,048 Public Services298,024 261,813 272,000 270,000 289,000 355,000 344,600 414,700 352,900 304,980 515,630 439,460 Total Expenditures383,903 344,609 467,000 470,850 485,267 981,708 1,217,858 927,462 1,632,009 1,527,968 786,321 785,223 Revenues Over (Under) Expenditures(359,158) (338,631) (461,266) (148,528) 109,769 239,626 (118,928) 15,479 (188,713) (26,359) 15,224 (83,326) Other Financing SourcesIssuance of certificates of indebtedness 388,535 294,235 - - - - - - - - - - Proceeds from sale of capital assets (2)71,591 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 Total Other Financing Sources460,126 314,235 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 Net Change in Cash Balance100,968 (24,396) (441,266) (128,528) 129,769 259,626 (98,928) 35,479 (168,713) (6,359) 35,224 (63,326) Cash Balance, January 1496,864 597,832 573,436 132,171 3,642 133,412 393,038 294,110 329,589 160,876 154,517 189,741 Cash Balance, December 31597,832$ 573,436$ 132,171$ 3,642$ 133,412$ 393,038$ 294,110$ 329,589$ 160,876$ 154,517$ 189,741$ 126,416$ Assumptions:(1) 1.00% of previous year ending cash balance(2) Based of off historical averages and current conditionsRevenues, Expenditures, and Cash Balance ScheduleCity of Lino LakesCapital Equipment PlanCapital Equipment Revolving Fund 402
|