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CITY OF LINO LAKES, MINNESOTA
<br />SUBCOMBINING STATEMENT OF REVENUES,
<br />EXPENDITURES AND CHANGES IN FUND BALANCE
<br />NONMAJOR DEBT SERVICE FUNDS
<br />For The Year Ended December 31, 2022
<br />332 G.O. 336 G.O. 337 G.O.
<br />315 TIF 335 G.O. Improvement Improvement 338 G.O.
<br />Certificates of Bonds Bonds Bonds Bonds Bonds
<br />Indebtedness of 2007A of 2012A of 2013A of 2014A of 2015A
<br />Revenues:
<br />General property taxes $245,535 $ - $178,794 $ - $ - $267,869
<br />Special assessments - - - 39,000 - -
<br />Investment earnings (12,938) (6,394) (2,610) (11,968) (14,501) (17,553)
<br />Miscellaneous - - - - - -
<br />Total revenues 232,597 (6,394) 176,184 27,032 (14,501) 250,316
<br />Expenditures:
<br />Debt service:
<br />Principal 230,535 245,000 160,000 65,000 150,000 205,000
<br />Interest and fiscal charges 3,308 29,173 7,269 7,368 12,922 48,031
<br />Total expenditures 233,843 274,173 167,269 72,368 162,922 253,031
<br />Revenues over (under) expenditures (1,246) (280,567) 8,915 (45,336) (177,423) (2,715)
<br />Other financing sources (uses):
<br />Transfers in - 272,504 - - 123,704 -
<br />Net change in fund balance (1,246) (8,063) 8,915 (45,336) (53,719) (2,715)
<br />Fund balance - January 1 305,991 148,178 219,866 361,293 389,613 651,808
<br />Fund balance - December 31 $304,745 $140,115 $228,781 $315,957 $335,894 $649,093
<br />120
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