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City of Lino Lakes
<br />2023-2027 Financial Plan
<br />Projected Cash Balance
<br />Area & Unit Trunk Fund
<br />Fund 406
<br />2023 2024 2025 2026 2027
<br />Estimated Estimated Estimated Estimated Estimated
<br />Amounts Amounts Amounts Amounts Amounts
<br />Revenues
<br />Special assessments 1,013,517$ 1,070,617$ 1,160,004$ 1,174,256$ 1,178,006$
<br />Charges for services 984,000 - - - -
<br />Investment earnings - - - - -
<br />Miscellaneous - - - - -
<br />Total Revenues 1,997,517 1,070,617 1,160,004 1,174,256 1,178,006
<br />Expenditures
<br />Current 10,000 10,000 10,000 10,000 10,000
<br />Capital outlay 2,718,000 22,873,500 - 2,300,000 4,387,000
<br />Debt service
<br />Principal - - - - -
<br />Interest - - - - -
<br />Total Expenditures 2,728,000 22,883,500 10,000 2,310,000 4,397,000
<br />Revenues Over (Under) Expenditures (730,483) (21,812,883) 1,150,004 (1,135,744) (3,218,994)
<br />Other Financing Sources (Uses)
<br />Transfers in 441,420 601,760 768,700 785,200 885,013
<br />Transfers out (623,926) (624,015) (1,946,388) (1,803,960) (1,799,020)
<br />Bond proceeds - 21,000,000 - 2,000,000 -
<br />Sale of capital assets - - - - -
<br />Interfund loan activity 101,237 - - - -
<br />Total Other Financing Sources (Uses)(81,269) 20,977,745 (1,177,688) 981,240 (914,007)
<br />Net Change in Cash Balance (811,752) (835,138) (27,684) (154,504) (4,133,001)
<br />Cash Balances, January 1 8,793,267 7,981,515 7,146,377 7,118,693 6,964,189
<br />Cash Balances, December 31 7,981,515$ 7,146,377$ 7,118,693$ 6,964,189$ 2,831,188$
<br />152
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