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Management's Discussion and Analysis
<br />The City's net position increased by $11,330,390 during 2021. Key elements of this increase
<br />are as follows:
<br />City of Lino Lakes' Changes in Net Position
<br />Revenues:
<br />Program revenues:
<br />Charges for services
<br />Operating grants and contributions
<br />Capital grants and contributions
<br />General revenues:
<br />General property taxes
<br />Tax increment
<br />Grants and contributions not
<br />restricted to specific programs
<br />Unrestricted investment earnings
<br />Gain on disposal of capital assets
<br />Totalrevenues
<br />Expenses:
<br />General government
<br />Public safety
<br />Public services
<br />Conservation ofnaturual resources
<br />Community development
<br />Interest and fees on long-term debt
<br />Water
<br />Sewer
<br />Total expenses
<br />Governmental Activities Business -Type Activities Totals
<br />2021 2020 2021 2020 2021 2020
<br />$5,109,267 $2,929,965 $3,575,330
<br />1,019,752 2,470,024 -
<br />7,931,093 6,894,207 752,403
<br />11,132,851 10,492,131
<br />873,310 766,912
<br />$3,144,790 $8,684,597 $6,074,755
<br />42,152 1,019,752 2,512,176
<br />2,887,266 8,683,496 9,781,473
<br />11,132,851 10,492,131
<br />873,310 766,912
<br />6,587
<br />47,188
<br />-
<br />6,587
<br />47,188
<br />(171,260)
<br />684,384
<br />(86,764)
<br />383,963
<br />(258,024)
<br />1,068,347
<br />387,972
<br />150,041
<br />29,012
<br />416,984
<br />150,041
<br />26,289,572
<br />24,434,852
<br />4,269,981
<br />6,458,171
<br />30,559,553
<br />30,893,023
<br />2,828,407
<br />4,197,819
<br />-
<br />-
<br />2,828,407
<br />4,197,819
<br />4,706,881
<br />4,867,134
<br />4,706,881
<br />4,867,134
<br />6,260,599
<br />4,118,477
<br />6,260,599
<br />4,118,477
<br />178,581
<br />161,556
<br />178,581
<br />161,556
<br />791,930
<br />660,660
<br />791,930
<br />660,660
<br />654,287
<br />733,207
<br />-
<br />-
<br />654,287
<br />733,207
<br />-
<br />-
<br />1,621,486
<br />1,532,282
<br />1,621,486
<br />1,532,282
<br />-
<br />-
<br />2,186,992
<br />2,199,865
<br />2,186,992
<br />2,199,865
<br />15,420,685
<br />14,738,853
<br />3,808,478
<br />3,732,147
<br />19,229,163
<br />18,471,000
<br />Increase in net position before transfers
<br />10,868,887
<br />9,695,999
<br />461,503
<br />2,726,024
<br />11,330,390
<br />12,422,023
<br />Transfers
<br />(109,774)
<br />(4,066,269)
<br />109,774
<br />4,066,269
<br />-
<br />-
<br />Cbange in net position
<br />10,759,113
<br />5,629,730
<br />571,277
<br />6,792,293
<br />11,330,390
<br />12,422,023
<br />Net position -January 1
<br />64,093,249
<br />58,463,519
<br />59,420,341
<br />52,628,048
<br />123,513,590
<br />111,091,567
<br />Net position - December 31
<br />$74,852,362
<br />$64,093,249
<br />$59,991,618
<br />$59,420,341
<br />$134,843,980
<br />$123,513,590
<br />Governmental Activities
<br />Governmental activities increased the City's net position by $10,759,113 during 2021.
<br />Contributions of capital assets from private sources, coronavirus relief grant funds, and
<br />property taxes levied to reduce debt all contributed to the increase in 2021.
<br />21
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