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06-09-25 - Council Meeting Agenda
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06-09-25 - Council Meeting Agenda
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6/12/2025 9:46:34 AM
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6/12/2025 9:41:53 AM
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City Council
Council Document Type
Council Packet
Meeting Date
06/09/2025
Council Meeting Type
Regular
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CITY OF LINO LAKES, MINNESOTA <br />SUBCOMBINING BALANCE SHEET <br />NONMAJOR CAPITAL PROJECT FUNDS <br />December 31, 2024 <br />418 Tax 419 Tax 430 Tax 421 <br />Increment Increment Increment Pavement <br />Financing 1-11 Financing 1-12 Financing 1-13 Management <br />Assets <br />Cash and investments $928 $411,910 $4,414 $461,730 <br />Advances to other funds - - - 151,701 <br />Taxes receivable: <br />Due from county 48 - 167,905 - <br />Special assessments receivable: <br />Due from county - - - - <br />Delinquent - - - - <br />Deferred - - - - <br />Leases receivable - - - - <br />Interfund loan receivable - - - - <br />Total assets $976 $411,910 $172,319 $613,431 <br />Liabilities, Deferred Inflows of Resources, and Fund Balance <br />Liabilities: <br />Accounts payable $176 $ - $159,619 $34,380 <br />Advances from other funds - - - - <br />Retainage payable - - - 17,389 <br />Unearned revenue - - - - <br />Interfund loan payable 1,297,170 - - - <br />Total liabilities 1,297,346 - 159,619 51,769 <br />Deferred inflows of resources: <br />Unavailable revenue - - - - <br />Lease related - - - - <br />Total deferred inflows of resources - - - - <br />Fund balance: <br />Restricted - 411,910 12,700 - <br />Assigned - - - 561,662 <br />Unassigned (1,296,370) - - - <br />Total fund balance (1,296,370) 411,910 12,700 561,662 <br />Total liabilities, deferred inflows of <br />resources, and fund balance $976 $411,910 $172,319 $613,431 <br />128 <br />Page 164 of 353
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