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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 />NOTES TO FINANCIAL STATEMENTS <br />December 31, 2024 <br />Note 4 UNAVAILABLE REVENUE <br />Governmental funds report deferred inflows of resources in connection with receivables for revenues that are not <br />considered to be available to liquidate liabilities of the current period. At the end of the current fiscal year, the <br />various components of unavailable revenue reported in the governmental funds are as follows: <br />Property <br />Special <br />Taxes <br />Assessments <br />Receivable <br />Receivable <br />Total <br />Major Funds: <br />General Fund <br />$109,829 <br />$410 <br />$110,239 <br />Area and Unit Trunk <br />- <br />896,694 <br />896,694 <br />MSA Construction <br />- <br />1,606,186 <br />1,606,186 <br />Nonmajor Funds <br />- <br />478,318 <br />478,318 <br />Total <br />$109,829 <br />$2,981,608 <br />$3,091,437 <br />59 <br />
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