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City of Lino Lakes
<br />2023-2027 Financial Plan
<br />Projected Cash Balance
<br />Surface Water Management Fund
<br />Fund 422
<br />2023 2024 2025 2026 2027
<br />Estimated Estimated Estimated Estimated Estimated
<br />Amounts Amounts Amounts Amounts Amounts
<br />Revenues
<br />Special assessments 311,873$ 399,948$ 435,029$ 468,344$ 464,913$
<br />Intergovernmental 100,000 - - - -
<br />Charges for services 20,055 20,055 20,055 20,055 20,055
<br />Investment earnings - - - - -
<br />Miscellaneous - - - - -
<br />Total Revenues 431,928 420,003 455,084 488,399 484,968
<br />Expenditures
<br />Current - - 100,000 - 100,000
<br />Capital outlay 2,290,000 3,100,000 430,000 345,000 345,000
<br />Debt service
<br />Principal - - - - -
<br />Interest - - - - -
<br />Total Expenditures 2,290,000 3,100,000 530,000 345,000 445,000
<br />Revenues Over (Under) Expenditures (1,858,072) (2,679,997) (74,916) 143,399 39,968
<br />Other Financing Sources (Uses)
<br />Transfers in - - - - -
<br />Transfers out - - - - -
<br />Bond proceeds (1)- - - - -
<br />Sale of capital assets (2)- - - - -
<br />Interfund loan activity (3)- - - - -
<br />Total Other Financing Sources (Uses)- - - - -
<br />Net Change in Cash Balance (1,858,072) (2,679,997) (74,916) 143,399 39,968
<br />Cash Balances, January 1 1,387,583 (470,489) (3,150,485) (3,225,401) (3,082,002)
<br />Cash Balances, December 31 (470,489)$ (3,150,485)$ (3,225,401)$ (3,082,002)$ (3,042,033)$
<br />(1) Bond proceeds (approx. $2,000,000) may be considered to fund NE Area Regional Storm Water Improvements in 2023.
<br />(2) No assumptions have been made in regards to the sale of wetland credits.
<br />(3) An interfund loan (approx. $2,200,000) may be considered to help fund Wetland Bank No. 3 in 2024.
<br />158
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