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CITY OF LINO LAKES, MINNESOTA
<br />SUBCOMBINING STATEMENT OF REVENUES,Statement 26
<br />EXPENDITURES AND CHANGES IN FUND BALANCE Page 2 of 2
<br />NONMAJOR CAPITAL PROJECT FUNDS
<br />For The Year Ended December 31, 2024
<br />Total
<br />425 487 488 Nonmajor
<br />Park and Trail 484 Comp Pheasant Run 2024 Street Capital
<br />Improvements Plan Update Reconstruction Reconstruction Project Funds
<br />Revenues:
<br />General property taxes $90,000 $ - $ - $ - $1,105,000
<br />Tax increment - - - - 1,002,712
<br />Special assessments - - - - 577,019
<br />Charges for services - - - - 692,164
<br />Investment earnings 9,552 815 2,175 - 320,512
<br />Total revenues 99,552 815 2,175 - 3,697,407
<br />Expenditures:
<br />Current:
<br />General government - 153,939 - - 386,508
<br />Public safety - - - - 2,887
<br />Public works - - - - 246,316
<br />Culture and recreation 34,072 - - - 41,536
<br />Community development - - - - 437,159
<br />Capital outlay:
<br />Public works - - 36,494 175,280 2,063,491
<br />Culture and recreation 140,000 - - - 739,636
<br />Total expenditures 174,072 153,939 36,494 175,280 3,917,533
<br />Revenues over (under) expenditures (74,520) (153,124) (34,319) (175,280) (220,126)
<br />Other financing sources (uses):
<br />Transfers in - 36,590 10,070 - 1,707,113
<br />Transfers out - - - - (1,753,219)
<br />Proceeds from sale of capital assets - - - - 1,125
<br />Total other financing sources (uses) - 36,590 10,070 - (44,981)
<br />Net change in fund balance (74,520) (116,534) (24,249) (175,280) (265,107)
<br />Fund balance - January 1 235,913 18,010 24,249 (43,667) 7,906,851
<br />Fund balance - December 31 $161,393 ($98,524) $0 ($218,947) $7,641,744
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<br />Page 168 of 353
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