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CITY OF LINO LAKES, MINNESOTA
<br />STATEMENT OF REVENUES, EXPENDITURES AND
<br />CHANGES IN FUND BALANCE
<br />GOVERNMENTAL FUNDS
<br />For The Year Ended December 31, 2022
<br />202 333 G.O.
<br />The Rookery Improvement
<br />General Fund Activity Center Note of 2009A
<br />Revenues:
<br />General property taxes $8,759,475 $ - $ -
<br />Tax increment - - -
<br />Licenses and permits 1,348,912 - -
<br />Special assessments - - 761,907
<br />Intergovernmental 700,740 2,117,002 -
<br />Charges for services 361,266 395,744 -
<br />Fines and forfeits 61,141 - -
<br />Investment earnings (163,143) - (3,031)
<br />Miscellaneous 253,875 27,492 -
<br />Total revenues 11,322,266 2,540,238 758,876
<br />Expenditures:
<br />Current:
<br />General government 2,342,585 - -
<br />Public safety 5,729,189 - -
<br />Public works 1,636,425 - -
<br />Culture and recreation 780,284 2,884,961 -
<br />Conservation of natural resources 220,738 - -
<br />Community development 277,277 - -
<br />Capital outlay:
<br />Public safety - - -
<br />Public works 109,685 - -
<br />Culture and recreation 5,566 - -
<br />Debt service:
<br />Principal - - -
<br />Interest and fiscal charges - - 231
<br />Total expenditures 11,101,749 2,884,961 231
<br />Revenues over (under) expenditures 220,517 (344,723) 758,645
<br />Other financing sources (uses):
<br />Transfers in 40,000 20,626 -
<br />Transfers out (321,750) - (757,433)
<br />Proceeds from sale of capital assets - - -
<br />Total other financing sources (uses) (281,750) 20,626 (757,433)
<br />Net change in fund balance (61,233) (324,097) 1,212
<br />Fund balance - January 1 8,147,750 60,342 141
<br />Fund balance - December 31 $8,086,517 ($263,755) $1,353
<br />The accompanying notes are an integral part of these financial statements.
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