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City of Lino Lakes
<br />2024-2028 Financial Plan
<br />Projected Cash Balance
<br />Sewer Operating Fund
<br />Fund 602
<br />2024 2025 2026 2027 2028
<br />Estimated Estimated Estimated Estimated Estimated
<br />Amounts Amounts Amounts Amounts Amounts
<br />Revenues
<br />Charges for services 2,009,432$ 2,071,925$ 2,168,739$ 2,270,077$ 2,270,077$
<br />Hook-up charges 33,000 33,000 33,000 33,000 33,000
<br />Investment earnings 64,472 30,788 21,769 26,045 31,650
<br />Miscellaneous - - - - -
<br />Total Revenues 2,106,904 2,135,713 2,223,508 2,329,122 2,334,727
<br />Expenditures
<br />Current 2,240,570 3,027,599 2,522,729 2,648,865 2,781,309
<br />Capital outlay 157,500 689,000 2,530,000 - 108,000
<br />Debt service
<br />Principal - - - - -
<br />Interest - - - - -
<br />Total Expenditures 2,398,070 3,716,599 5,052,729 2,648,865 2,889,309
<br />Revenues Over (Under) Expenditures (291,166) (1,580,885) (2,829,221) (319,744) (554,582)
<br />Other Financing Sources (Uses)
<br />Transfers in - - - - -
<br />Transfers out - - - (210,000) (206,063)
<br />Bond proceeds - - 2,500,000 - -
<br />Sale of capital assets - - - - -
<br />Interfund loan activity (3,077,180) 678,938 756,813 1,090,258 675,413
<br />Total Other Financing Sources (Uses)(3,077,180) 678,938 3,256,813 880,258 469,350
<br />Net Change in Cash Balance (3,368,346) (901,947) 427,592 560,514 (85,232)
<br />Cash Balances, January 1 6,447,161 3,078,815 2,176,867 2,604,459 3,164,973
<br />Cash Balances, December 31 3,078,815$ 2,176,867$ 2,604,459$ 3,164,973$ 3,079,741$
<br />203
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