Laserfiche WebLink
City of Lino Lakes <br />General Fund Budget to Actual (Unaudited) <br />For the Quarter Ended September 30, 2024 <br />(3) Fine revenue passed through from the State of Minnesota in relation to the Police Division is surpassing budget expectations. <br />(4) Interest rates are favorable and surpassing budget expectations. <br />(5) Favorable variance due to the August and September Tourism Tax remittances processed in the 4th quarter. <br />(6) Favorable variance due to Community Development Specialist vacancy; new position in the 2024 budget that has yet to be filled. <br />(7) Favorable variance due to Recycling Intern vacancies and less advertising expenses than expected. Solid Waste expenditures <br />are reimbursed from Anoka County through the SCORE grant; less expenditures will result in less grant revenue received. <br />(8) Budgeted transfers are recorded in full each January slightly offset by a favorable contingency variance. The City Council <br />authorized an additional $100,000 transfer in 2024 for BS&A Software. Contingency does not get any expenditures coded to it, <br />instead that budget is allocated to other line items with budget amendments as needed. <br />