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02-06-2023 Council Work Session Packet
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02-06-2023 Council Work Session Packet
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2/10/2023 10:45:04 AM
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2/10/2023 10:40:03 AM
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City Council
Council Document Type
Council Packet
Meeting Date
02/06/2023
Council Meeting Type
Regular
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City of Lino Lakes <br />2023-2027 Financial Plan <br />Projected Cash Balance <br />Office Equipment Replacement Fund <br />Fund 403 <br />2023 2024 2025 2026 2027 <br />Estimated Estimated Estimated Estimated Estimated <br />Amounts Amounts Amounts Amounts Amounts <br />Revenues <br />Property taxes 25,000$ 25,000$ 25,000$ 25,000$ 25,000$ <br />Investment earnings - - - - - <br />Miscellaneous - - - - - <br />Total Revenues 25,000 25,000 25,000 25,000 25,000 <br />Expenditures <br />Current 25,935 31,299 23,148 18,685 17,368 <br />Capital outlay - - - - - <br />Debt service <br />Principal - - - - - <br />Interest - - - - - <br />Total Expenditures 25,935 31,299 23,148 18,685 17,368 <br />Revenues Over (Under) Expenditures (935) (6,299) 1,852 6,315 7,632 <br />Other Financing Sources (Uses) <br />Transfers in - - - - - <br />Transfers out - - - - - <br />Bond proceeds - - - - - <br />Sale of capital assets - - - - - <br />Interfund loan activity - - - - - <br />Total Other Financing Sources (Uses)- - - - - <br />Net Change in Cash Balance (935) (6,299) 1,852 6,315 7,632 <br />Cash Balances, January 1 41,868 40,933 34,635 36,487 42,802 <br />Cash Balances, December 31 40,933$ 34,635$ 36,487$ 42,802$ 50,434$ <br />150
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