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06-10-2024 Council Meeting Packet
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06-10-2024 Council Meeting Packet
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6/7/2024 12:16:23 PM
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6/7/2024 12:04:07 PM
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City Council
Council Document Type
Council Packet
Meeting Date
06/10/2024
Council Meeting Type
Regular
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CITY OF LINO LAKES, MINNESOTA <br />REQUIRED SUPPLEMENTARY INFORMATION Statement 10 <br />BUDGETARY COMPARISON SCHEDULE - GENERAL FUND Page 6 of 6 <br />For The Year Ended December 31, 2023 <br />Budgeted Amounts <br />2023 Actual <br />Amounts <br />Variance with <br />Final Budget - <br />Positive <br />(Negative) <br />Original Final <br />Expenditures: (continued) <br />Other: <br />Contingency 234,000 - - - <br />Total expenditures 12,177,416 11,701,906 11,639,391 62,515 <br />Revenues over (under) expenditures (20,000) 611,090 943,917 332,827 <br />Other financing sources (uses): <br />Transfers in 20,000 20,000 20,000 - <br />Transfers out - (25,000) (466,554) (441,554) <br />Total other financing sources (uses)20,000 (5,000) (446,554) (441,554) <br />Net change in fund balance $0 $606,090 497,363 ($108,727) <br />Fund balance - January 1 8,086,517 <br />Fund balance - December 31 $8,583,880 <br />See accompanying notes to the required supplementary information. <br />87 <br />151
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