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City of Lino Lakes
<br />2024-2028 Financial Plan
<br />Projected Cash Balance
<br />Capital Equipment Replacement Fund
<br />Fund 402
<br />2024 2025 2026 2027 2028
<br />Estimated Estimated Estimated Estimated Estimated
<br />Amounts Amounts Amounts Amounts Amounts
<br />Revenues
<br />Property taxes 600,000$ 810,000$ 972,000$ 1,166,400$ 1,399,680$
<br />Property taxes - fire water tenders 248,820 246,558 244,296 242,034 239,772
<br />Investment earnings 5,093 2,989 1,989 1,137 1,893
<br />Miscellaneous - - - - -
<br />Total Revenues 853,913 1,059,547 1,218,285 1,409,571 1,641,345
<br />Expenditures
<br />Current - - - - -
<br />Capital outlay 1,032,500 1,016,215 1,160,800 1,208,000 958,700
<br />Fire water tenders - - - - -
<br />Debt service
<br />Principal - - - - -
<br />Interest - - - - -
<br />Total Expenditures 1,032,500 1,016,215 1,160,800 1,208,000 958,700
<br />Revenues Over (Under) Expenditures (178,587) 43,332 57,485 201,571 682,645
<br />Other Financing Sources (Uses)
<br />Transfers in 150,000 - - - -
<br />Transfers out - - - - -
<br />Bond proceeds - - - - -
<br />Sale of capital assets 66,979 103,250 101,622 116,080 120,800
<br />Interfund loan activity (248,820) (246,558) (244,296) (242,034) (239,772)
<br />Total Other Financing Sources (Uses)(31,841) (143,308) (142,675) (125,954) (118,972)
<br />Net Change in Cash Balance (210,428) (99,976) (85,189) 75,617 563,673
<br />Cash Balances, January 1 509,325 298,897 198,921 113,731 189,349
<br />Cash Balances, December 31 298,897$ 198,921$ 113,731$ 189,349$ 753,022$
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