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Annual Financial Report 12/31/1982
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Annual Financial Report 12/31/1982
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5/19/2014 11:22:20 AM
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Annual Financial Report
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12/31/1982
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am MI <br />CITY OF LINO LAKES, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />December 31, 1982 <br />Note 9 - DESIGNATIONS OF FUND EQUITY <br />At December 31, 1982 and 1981, the City had designated portions of their equity <br />through legal restriction, City Council action, policy and /or intent. The <br />following is a summary of the designations. <br />General Fund: <br />Designated for street improvements <br />Designated for ensuing year's <br />expenditures: <br />Prepaid insurance <br />LAWCON matching expenditures <br />Special Revenue Funds: <br />Designated for ensuing year's budget <br />Debt Service Funds: <br />Designated for debt service <br />Capital Project Funds: <br />Designated for equipment acquisition <br />Designated for park improvements <br />Special Assessment Funds: <br />Designated for construction <br />Designated for debt service <br />December 31, <br />1982 1981 <br />$ 1,604 <br />$ 16,466 18,272 <br />30,000 <br />16,062 28,010 <br />465 22,382 <br />64,746 109,980 <br />102,471 90,642 <br />(22, 584) 46,719 <br />206,401 111,907 <br />Totals $ 414,027 $ 429,516 <br />
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