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CITY OF LINO LAKES <br />DEBT SERVICE FUND <br />STATEMENT OF REVENUE, EXPENDITURES AND FUND BALANCE <br />For the Year Ended December 31, 1977 <br />Over <br />(Under) <br />REVENUE Actual Budget Budget <br />Taxes $ 14,008 $ 13,400 $ 608 <br />Interest earned on investments 166 166 <br />Total Revenue 14,174 $ 13,400 $ 774 <br />EXPENDITURES <br />Principal <br />Interest <br />Fiscal agent service charges <br />Total Expenditures <br />Excess of revenue (expenditures) <br />Fund balance, beginning of year <br />Fund Balance, End of Year <br />10,000 <br />3,715 <br />25 <br />13,740 $ 13,716 $ 24 <br />434 <br />19,560 <br />$ 19,994 <br />The accompanying Notes to Financial Statements are an integral part of this statement. <br />