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City of Lino Lakes
<br />2024-2028 Financial Plan
<br />Projected Cash Balance
<br />Water Operating Fund
<br />Fund 601
<br />2024 2025 2026 2027 2028
<br />Estimated Estimated Estimated Estimated Estimated
<br />Amounts Amounts Amounts Amounts Amounts
<br />Revenues
<br />Charges for services (fixed/REU)601,760$ 768,700$ 785,200$ 801,700$ 818,200$
<br />Charges for services (volume)1,484,533 1,578,774 1,671,765 1,769,733 1,872,928
<br />Hook-up charges 41,250 41,250 41,250 41,250 41,250
<br />Water meter sales 81,421 83,050 84,711 86,405 88,133
<br />Investment earnings 48,590 50,657 43,903 47,677 51,014
<br />Miscellaneous 10,000 10,000 10,000 10,000 10,000
<br />Total Revenues 2,267,554 2,532,431 2,636,829 2,756,765 2,881,525
<br />Expenditures
<br />Current 1,171,593 1,280,173 1,344,181 1,411,390 1,481,960
<br />Capital outlay 287,500 1,159,000 2,630,000 - 268,000
<br />Debt service
<br />Principal - - - - -
<br />Interest - - - - -
<br />Total Expenditures 1,459,093 2,439,173 3,974,181 1,411,390 1,749,960
<br />Revenues Over (Under) Expenditures 808,461 93,259 (1,337,352) 1,345,375 1,131,565
<br />Other Financing Sources (Uses)
<br />Transfers in - - - - -
<br />Transfers out (601,760) (768,700) (785,200) (1,011,700) (1,024,263)
<br />Bond proceeds - - 2,500,000 - -
<br />Sale of capital assets - - - - -
<br />Interfund loan activity - - - - -
<br />Total Other Financing Sources (Uses)(601,760) (768,700) 1,714,800 (1,011,700) (1,024,263)
<br />Net Change in Cash Balance 206,701 (675,441) 377,448 333,675 107,302
<br />Cash Balances, January 1 4,859,021 5,065,723 4,390,281 4,767,729 5,101,404
<br />Cash Balances, December 31 5,065,723$ 4,390,281$ 4,767,729$ 5,101,404$ 5,208,706$
<br />202
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