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CITY OF LINO LAKES, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />December 31, 1984 <br />Note 9 - RESERVATIONS AND DESIGNATIONS OF FUND EQUITY <br />At December 31, 1984 and 1983, 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 these designations. <br />December 31, <br />1984 1983 <br />General Fund: <br />Unreserved: <br />Designated for ensuing year's <br />expenditures: <br />Prepaid insurance $ 21,770 $ 21,084 <br />LAWCON matching expenditures 30,000 30,000 <br />City Hall expansion 65,000 <br />Special Revenue Fund: <br />Unreserved: <br />Designated for ensuing year's budget 12,173 11,768 <br />Debt Service Funds: <br />Reserved for debt service <br />-0- 2,361 <br />Capital Project Funds: <br />Unreserved: <br />Designated for committed contracts 25,215 143,894 <br />Designated for capital improvements (76,161) (100,037) <br />Designated for equipment acquisition 15,998 <br />Designated for park improvements 70,135 10,983 <br />Special Assessment Funds: <br />Reserved for debt service <br />Designated for committed contracts <br />Designated for construction <br />307,276 291,565 <br />2,534 <br />(34,245) (13,240) <br />Totals $ 423,697 $ 414,376 <br />Note 10 - INTERFUND RECEIVABLES /PAYABLES <br />As of December 31, 1983, there were the following amounts due between funds: <br />Due From Due To <br />Fund Other Funds Other Funds <br />General $ 247 $ 9,688 <br />1981 Certificates of Indebtedness 263 <br />Improvement Bonds of 1982 9,425 <br />Baldwin Lake Mobile Home Court 247 <br />Total <br />$ 9,935 $ 9,935 <br />The above interfund receivables and payables were eliminated in 1984. No <br />interfund receivables and payables existed at December 31, 1984. <br />