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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 />T.I.F District 1-12 Fund <br />Fund 419 <br />2023 2024 2025 2026 2027 <br />Estimated Estimated Estimated Estimated Estimated <br />Amounts Amounts Amounts Amounts Amounts <br />Revenues <br />Tax increment 225,735$ 227,993$ 230,273$ 232,575$ -$ <br />Investment earnings - - - - - <br />Miscellaneous - - - - - <br />Total Revenues 225,735 227,993 230,273 232,575 - <br />Expenditures <br />Current 499 513 529 545 - <br />Capital outlay - - - - - <br />Debt service <br />Principal - - - - - <br />Interest - - - - - <br />Total Expenditures 499 513 529 545 - <br />Revenues Over (Under) Expenditures 225,237 227,479 229,744 232,031 - <br />Other Financing Sources (Uses) <br />Transfers in - - - - - <br />Transfers out - - - (488,519) - <br />Bond proceeds - - - - - <br />Sale of capital assets - - - - - <br />Developer PAYGO activity (180,588) (182,394) (184,218) (107,145) <br />Total Other Financing Sources (Uses)(180,588) (182,394) (184,218) (595,664) - <br />Net Change in Cash Balance 44,649 45,085 45,526 (363,633) - <br />Cash Balances, January 1 228,374 273,023 318,108 363,634 0 <br />Cash Balances, December 31 273,023$ 318,108$ 363,634$ 0$ 0$ <br />155
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