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06-02-25 - Council Work Session Agenda
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06-02-25 - Council Work Session Agenda
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5/28/2025 4:29:18 PM
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5/28/2025 4:07:15 PM
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City Council
Council Document Type
Council Packet
Meeting Date
06/02/2025
Council Meeting Type
Work Session Regular
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CITY OF LINO LAKES, MINNESOTA <br />SUBCOMBINING STATEMENT OF REVENUES, <br />EXPENDITURES AND CHANGES IN FUND BALANCE <br />NONMAJOR SPECIAL REVENUE FUNDS <br />For The Year Ended December 31, 2024 <br />203 <br />Economic <br />204 Cable <br />207 State <br />Development <br />TV and <br />205 Blue <br />Narcotics <br />Authority <br />Communications <br />Heron Days <br />Forfeitures <br />Revenues: <br />General property taxes <br />$ - <br />$ - <br />$10,000 <br />$ - <br />Othertaxes <br />- <br />24,948 <br />- <br />- <br />Intergovernmental <br />- <br />- <br />4,000 <br />- <br />Charges for services <br />- <br />- <br />1,916 <br />- <br />Fines and forfeits <br />- <br />- <br />- <br />865 <br />Investment earnings <br />11,525 <br />11,912 <br />642 <br />1,454 <br />Miscellaneous <br />- <br />- <br />2,500 <br />- <br />Total revenues <br />11,525 <br />36,860 <br />19,058 <br />2,319 <br />Expenditures: <br />Current: <br />General government <br />- 3,952 - - <br />Public safety <br />- - - 7,400 <br />Culture and recreation <br />- 3,978 9,845 - <br />Capital outlay: <br />Public safety <br />- - - - <br />Total expenditures <br />- 7,930 9,845 7,400 <br />Revenues over (under) expenditures <br />11,525 28,930 9,213 (5,081) <br />Other financing sources (uses): <br />Transfers out <br />- (20,000) - - <br />Net change in fund balance <br />11,525 8,930 9,213 (5,081) <br />Fund balance - January 1 <br />247,237 257,731 5,444 31,689 <br />Fund balance - December 31 <br />$258,762 $266,661 $14,657 $26,608 <br />116 <br />
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