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12-09-2024 Council Meeting Agenda Packet
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12-09-2024 Council Meeting Agenda Packet
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12/11/2024 4:45:36 PM
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City Council
Council Document Type
Council Packet
Meeting Date
12/09/2024
Council Meeting Type
Regular
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City of Lino Lakes <br />2025-2029 Financial Plan <br />Projected Cash Balance <br />Park & Trail Improvements Fund <br />Fund 425 <br />2025 <br />2026 <br />2027 <br />2028 <br />2029 <br />Estimated <br />Estimated <br />Estimated <br />Estimated <br />Estimated <br />Amounts <br />Amounts <br />Amounts <br />Amounts <br />Amounts <br />Revenues <br />Property taxes <br />$ 90,000 <br />$ 180,000 <br />$ 252,000 <br />$ 352,800 <br />$ 500,000 <br />Investment earnings <br />1,483 <br />2,398 <br />4,222 <br />6,784 <br />10,380 <br />Miscellaneous <br />- <br />- <br />- <br />- <br />- <br />Total Revenues <br />91,483 <br />182,398 <br />256,222 <br />359,584 <br />510,380 <br />Expenditures <br />Current <br />- <br />- <br />- <br />- <br />- <br />Capital outlay <br />- <br />- <br />- <br />- <br />- <br />Debt service <br />Principal <br />- <br />- <br />- <br />- <br />- <br />Interesi <br />- <br />- <br />- <br />- <br />- <br />Total Expenditures <br />- <br />- <br />- <br />- <br />-- <br />Revenues Over (Under) Expenditure. <br />91,483 <br />182,398 <br />256,222 <br />359,584 <br />510,380 <br />Other Financing Sources (Uses) <br />Transfers in <br />- <br />- <br />- <br />- <br />- <br />Transfers out <br />- <br />- <br />- <br />- <br />- <br />Bond proceeds <br />- <br />- <br />- <br />- <br />- <br />Sale of capital assetE <br />- <br />- <br />- <br />- <br />- <br />Interfund loan activity <br />- <br />- <br />- <br />- <br />- <br />Total Other Financing Sources (Uses; <br />- <br />- <br />- <br />- <br />-- <br />Net Change in Cash Balance <br />91,483 <br />182,398 <br />256,222 <br />359,584 <br />510,380 <br />Cash Balances, January 1 <br />148,272 <br />239,755 <br />422,152 <br />678,374 <br />1,037,958 <br />Cash Balances, December 31 <br />$ 239,755 <br />$ 422,152 <br />$ 678,374 <br />$ 1,037,958 <br />$ 1,548,337 <br />149 <br />
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