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06-05-2023 Council Work Session Packet
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06-05-2023 Council Work Session Packet
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6/7/2023 1:56:38 PM
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6/7/2023 11:13:39 AM
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City Council
Council Document Type
Council Packet
Meeting Date
06/05/2023
Council Meeting Type
Work Session Regular
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CITY OF LINO LAKES, MINNESOTA <br />SUBCOMBINING BALANCE SHEET Statement 25 <br />NONMAJOR CAPITAL PROJECT FUNDS Page 1 of 2 <br />December 31, 2022 <br />402 Capital 403 Office 405 411 Tax <br />301 Closed Equipment Equipment Dedicated Increment <br />Bond Fund Revolving Revolving Parks Financing 1-5 <br />Assets <br />Cash and investments $449,305 $704,393 $46,626 $1,972,857 $52,186 <br />Advances to other funds 125,763 - - - - <br />Taxes receivable: <br />Due from county - - - - - <br />Special assessments receivable: <br />Due from county - - - - - <br />Delinquent - - - - - <br />Deferred - - - - - <br />Total assets $575,068 $704,393 $46,626 $1,972,857 $52,186 <br />Liabilities, Deferred Inflows of Resources, and Fund Balance <br />Liabilities: <br />Accounts payable $106,656 $43,046 $ - $15,910 $ - <br />Due to other governments - - - - 52,186 <br />Advances from other funds - - - - - <br />Retainage payable - - - 7,984 - <br />Unearned revenue - 42,579 - - - <br />Total liabilities 106,656 85,625 0 23,894 52,186 <br />Deferred inflows of resources: <br />Unavailable revenue - - - - - <br />Fund balance: <br />Restricted - - - 1,948,963 - <br />Assigned 468,412 618,768 46,626 - - <br />Unassigned - - - - - <br />Total fund balance 468,412 618,768 46,626 1,948,963 0 <br />Total liabilities, deferred inflows of <br />resources, and fund balance $575,068 $704,393 $46,626 $1,972,857 $52,186 <br />125
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