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City of Lino Lakes
<br />2023-2027 Financial Plan
<br />Projected Cash Balance
<br />Capital Equipment Replacement Fund
<br />Fund 402
<br />2023 2024 2025 2026 2027
<br />Estimated Estimated Estimated Estimated Estimated
<br />Amounts Amounts Amounts Amounts Amounts
<br />Revenues
<br />Property taxes 325,000$ 600,000$ 810,000$ 972,000$ 1,166,400$
<br />Property taxes - water tenders - 248,820 246,558 244,296 242,034
<br />Investment earnings - - - - -
<br />Miscellaneous - - - - -
<br />Total Revenues 325,000 848,820 1,056,558 1,216,296 1,408,434
<br />Expenditures
<br />Current - - - - -
<br />Capital outlay 661,830 1,024,690 1,007,015 1,083,800 1,184,000
<br />Fire water tenders 2,262,000 - - - -
<br />Debt service
<br />Principal - - - - -
<br />Interest - - - - -
<br />Total Expenditures 2,923,830 1,024,690 1,007,015 1,083,800 1,184,000
<br />Revenues Over (Under) Expenditures (2,598,830) (175,870) 49,543 132,496 224,434
<br />Other Financing Sources (Uses)
<br />Transfers in 290,895 150,000 - - -
<br />Transfers out - - - - -
<br />Bond proceeds - - - - -
<br />Sale of capital assets 66,964 66,183 102,469 100,702 108,380
<br />Interfund loan activity 2,262,000 (248,820) (246,558) (244,296) (242,034)
<br />Total Other Financing Sources (Uses)2,619,859 (32,637) (144,089) (143,595) (133,654)
<br />Net Change in Cash Balance 21,029 (208,507) (94,546) (11,099) 90,780
<br />Cash Balances, January 1 390,816 411,845 203,338 108,792 97,694
<br />Cash Balances, December 31 411,845$ 203,338$ 108,792$ 97,694$ 188,474$
<br />149
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