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CITY OF LINO LAKES, MINNESOTA
<br />COMBINING STATEMENT OF REVENUES, EXPENDITURES AND Statement 20
<br />CHANGES IN FUND BALANCE
<br />NONMAJOR GOVERNMENTAL FUNDS
<br />For The Year Ended December 31, 2022
<br />Permanent
<br />Fund Total
<br />Environment & Nonmajor
<br />Special Debt Capital Stewardship Governmental
<br />Revenue Service Project Fund Funds
<br />Revenues:
<br />General property taxes $10,000 $2,028,444 $1,032,224 $ - $3,070,668
<br />Tax increment - - 793,264 - 793,264
<br />Special assessments - 81,001 235,863 - 316,864
<br />Intergovernmental 3,500 - - 3,500
<br />Charges for services 36,133 - 1,045,728 - 1,081,861
<br />Fines and forfeits 18,528 - - - 18,528
<br />Investment earnings (27,375) (157,184) (267,852) (5,741) (458,152)
<br />Miscellaneous 8,475 37,699 190,357 8,800 245,331
<br /> Total revenues 49,261 1,989,960 3,029,584 3,059 5,071,864
<br />Expenditures:
<br />Current:
<br />General government 2,339 - 83,326 - 85,665
<br />Public safety 28,026 - 35,446 - 63,472
<br />Public works - - 1,582,119 - 1,582,119
<br />Culture and recreation 19,663 - 38,370 - 58,033
<br />Conservation of natural resources - - - 4,242 4,242
<br />Community development 1,107 - 635,671 - 636,778
<br />Capital outlay:
<br />Public safety - - 327,870 - 327,870
<br />Public works - - 773,398 - 773,398
<br />Culture and recreation - - 338,536 - 338,536
<br />Debt service:
<br />Principal - 2,324,360 - - 2,324,360
<br />Interest and fiscal charges - 661,847 - - 661,847
<br /> Total expenditures 51,135 2,986,207 3,814,736 4,242 6,856,320
<br />Revenues over (under) expenditures (1,874) (996,247) (785,152) (1,183) (1,784,456)
<br />Other financing sources (uses):
<br />Transfers in - 900,708 1,233,299 - 2,134,007
<br />Transfers out (60,626) - (668,294) - (728,920)
<br />Proceeds from sale of capital assets - - 48,952 - 48,952
<br /> Total other financing sources (uses) (60,626) 900,708 613,957 0 1,454,039
<br />Net change in fund balance (62,500) (95,539) (171,195) (1,183) (330,417)
<br />Fund balance - January 1 747,975 5,239,863 6,672,355 134,189 12,794,382
<br />Fund balance - December 31 $685,475 $5,144,324 $6,501,160 $133,006 $12,463,965
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