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City of Lino Lakes
<br />2024-2028 Financial Plan
<br />Projected Cash Balance
<br />Area & Unit Trunk Fund
<br />Fund 406
<br />2024 2025 2026 2027 2028
<br />Estimated Estimated Estimated Estimated Estimated
<br />Amounts Amounts Amounts Amounts Amounts
<br />Revenues
<br />Special assessments 1,177,910$ 1,331,267$ 1,358,204$ 1,408,646$ 1,362,861$
<br />Intergovernmental 13,500,000 - - - -
<br />Charges for services 800,000 184,000 - - -
<br />Investment earnings 72,223 72,836 67,456 58,420 51,407
<br />Miscellaneous - - - - -
<br />Total Revenues 15,550,133 1,588,103 1,425,660 1,467,066 1,414,268
<br />Expenditures
<br />Current 10,000 10,000 10,000 10,000 10,000
<br />Capital outlay 36,456,500 3,618,000 3,188,500 4,387,000 1,000,000
<br />Debt service
<br />Principal - - - - -
<br />Interest - - - - -
<br />Total Expenditures 36,466,500 3,628,000 3,198,500 4,397,000 1,010,000
<br />Revenues Over (Under) Expenditures (20,916,367) (2,039,897) (1,772,840) (2,929,934) 404,268
<br />Other Financing Sources (Uses)
<br />Transfers in 601,760 768,700 785,200 908,036 818,200
<br />Transfers out (624,015) (2,166,888) (2,415,900) (2,439,415) (2,921,233)
<br />Bond proceeds (1)21,000,000 2,900,000 2,500,000 3,760,000 -
<br />Sale of capital assets - - - - -
<br />Interfund loan activity - - - - -
<br />Total Other Financing Sources (Uses)20,977,745 1,501,812 869,300 2,228,621 (2,103,033)
<br />Net Change in Cash Balance 61,378 (538,085) (903,540) (701,313) (1,698,765)
<br />Cash Balances, January 1 7,222,259 7,283,637 6,745,552 5,842,012 5,140,699
<br />Cash Balances, December 31 7,283,637$ 6,745,552$ 5,842,012$ 5,140,699$ 3,441,934$
<br />192
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