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City of Lino Lakes
<br />2023-2027 Financial Plan
<br />Projected Cash Balance
<br />Water Operating Fund
<br />Fund 601
<br />2023 2024 2025 2026 2027
<br />Estimated Estimated Estimated Estimated Estimated
<br />Amounts Amounts Amounts Amounts Amounts
<br />Revenues
<br />Charges for services (fixed/REU)441,420$ 601,760$ 768,700$ 785,200$ 801,700$
<br />Charges for services (volume)1,366,783 1,450,523 1,538,774 1,631,765 1,729,733
<br />Hook-up charges 41,250 41,250 41,250 41,250 41,250
<br />Water meter sales 79,825 81,421 83,050 84,711 86,405
<br />Investment earnings - - - - -
<br />Miscellaneous 2,625 2,756 2,894 3,039 3,191
<br />Total Revenues 1,931,903 2,177,710 2,434,668 2,545,965 2,662,279
<br />Expenditures
<br />Current 990,723 1,239,352 1,296,565 1,405,482 1,470,945
<br />Capital outlay 591,100 937,500 509,000 2,130,000 -
<br />Debt service
<br />Principal - - - - -
<br />Interest - - - - -
<br />Total Expenditures 1,581,823 2,176,852 1,805,565 3,535,482 1,470,945
<br />Revenues Over (Under) Expenditures 350,080 858 629,103 (989,517) 1,191,334
<br />Other Financing Sources (Uses)
<br />Transfers in - - - - -
<br />Transfers out (441,420) (601,760) (768,700) (785,200) (969,700)
<br />Bond proceeds - - - - -
<br />Sale of capital assets - - - - -
<br />Interfund loan activity - - - - -
<br />Total Other Financing Sources (Uses)(441,420) (601,760) (768,700) (785,200) (969,700)
<br />Net Change in Cash Balance (91,340) (600,902) (139,597) (1,774,717) 221,634
<br />Cash Balances, January 1 3,823,676 3,732,336 3,131,434 2,991,837 1,217,120
<br />Cash Balances, December 31 3,732,336$ 3,131,434$ 2,991,837$ 1,217,120$ 1,438,754$
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