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11-06-2023 Council Work Session Packet
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11-06-2023 Council Work Session Packet
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11/7/2023 12:14:00 PM
Creation date
11/7/2023 10:12:38 AM
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City Council
Council Document Type
Council Packet
Meeting Date
11/06/2023
Council Meeting Type
Work Session Regular
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City of Lino Lakes <br />2024-2028 Financial Plan <br />Projected Cash Balance <br />T.I.F District 1-12 Fund <br />Fund 419 <br />2024 2025 2026 2027 2028 <br />Estimated Estimated Estimated Estimated Estimated <br />Amounts Amounts Amounts Amounts Amounts <br />Revenues <br />Tax increment 256,788$ -$ -$ -$ -$ <br />Investment earnings 2,701 4,336 4,359 4,381 4,404 <br />Miscellaneous - - - - - <br />Total Revenues 259,490 4,336 4,359 4,381 4,404 <br />Expenditures <br />Current 1,979 2,038 2,099 2,162 2,227 <br />Capital outlay - - - - - <br />Debt service <br />Principal - - - - - <br />Interest - - - - - <br />Total Expenditures 1,979 2,038 2,099 2,162 2,227 <br />Revenues Over (Under) Expenditures 257,511 2,298 2,260 2,219 2,177 <br />Other Financing Sources (Uses) <br />Transfers in - - - - - <br />Transfers out - - - - - <br />Bond proceeds - - - - - <br />Sale of capital assets - - - - - <br />Developer PAYGO activity (94,046) - - <br />Total Other Financing Sources (Uses)(94,046) - - - - <br />Net Change in Cash Balance 163,465 2,298 2,260 2,219 2,177 <br />Cash Balances, January 1 270,118 433,583 435,881 438,141 440,360 <br />Cash Balances, December 31 433,583$ 435,881$ 438,141$ 440,360$ 442,536$ <br />194
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