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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 />NOTES TO FINANCIAL STATEMENTS <br />December 31, 2024 <br /> <br /> <br /> <br /> <br />Note 4 UNAVAILABLE REVENUE <br /> <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 /> <br />Property Special <br />Taxes Assessments <br />Receivable Receivable Total <br />Major Funds: <br /> General Fund $109,829 ` $410 $110,239 <br /> Area and Unit Trunk - 896,694 896,694 <br /> MSA Construction - 1,606,186 1,606,186 <br />Nonmajor Funds - 478,318 478,318 <br /> Total $109,829 $2,981,608 $3,091,437 <br /> <br /> <br />59 <br />Page 95 of 353
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