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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 />Dedicated Parks Fund <br />Fund 405 <br />2023 2024 2025 2026 2027 <br />Estimated Estimated Estimated Estimated Estimated <br />Amounts Amounts Amounts Amounts Amounts <br />Revenues <br />Intergovernmental <br />Anoka County -$ -$ -$ 200,000$ -$ <br />Federal - - - 1,600,000 - <br />Charges for services - - - - - <br />Investment earnings - - - - - <br />Miscellaneous - - - - - <br />Total Revenues - - - 1,800,000 - <br />Expenditures <br />Current 72,100 - - - - <br />Capital outlay 1,049,000 - - 2,000,000 - <br />Debt service <br />Principal - - - - - <br />Interest - - - - - <br />Total Expenditures 1,121,100 - - 2,000,000 - <br />Revenues Over (Under) Expenditures (1,121,100) - - (200,000) - <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 (1,121,100) - - (200,000) - <br />Cash Balances, January 1 1,868,703 747,603 747,603 747,603 547,603 <br />Cash Balances, December 31 747,603$ 747,603$ 747,603$ 547,603$ 547,603$ <br />151
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