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Annual Financial Report 12/31/1986
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Annual Financial Report 12/31/1986
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Annual Financial Report
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12/31/1986
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CITY OF LINO LAKES, MINNESOTA <br />GENERAL FUND <br />STATEMENT OF REVENUE, EXPENDITURES AND <br />CHANGES IN FUND BALANCE - BUDGET AND ACTUAL <br />For The Year Ended December 31, 1986 <br />1986 <br />Budget Actual <br />Revenue over (under) expenditures $ 11,000 <br />Statement 7 <br />Page 5 of 5 <br />Over <br />(Under) 1985 <br />Budget Actual <br />(Memorandum <br />Only) <br />$ (6,504) $ (17,504) <br />Other increases (decreases): <br />Transfer from Special Revenue Fund 40,000 39,846 <br />Transfer to City Hall Expansion Fund <br />Contract for deed - land purchase 80,000 <br />Proceeds from closing mortgage <br />revenue fund <br />Total other increases <br />(decreases) 40,000 119,846 <br />(154) <br />80,000 <br />79,846 <br />Net increase (decrease) in fund <br />balance $ 51,000 113,342 $ 62,342 <br />Fund balance - January 1 428,299 <br />Fund balance - December 31 $ 541,641 <br />$ 191,805 <br />42,844 <br />(49,943) <br />670 <br />(6,429) <br />185,376 <br />242,923 <br />$ 428,299 <br />The accompanying notes are an integral part of these financial statements. <br />
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