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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, 1987
<br />1987
<br />Statement 7
<br />Page 1 of 4
<br />Over
<br />(under) 1986
<br />Budget Actual Budget Actual
<br />Revenue: Memorandum
<br />General property taxes: only
<br />Current and delinquent $538,660 $432,573
<br />Fiscal disparities 160,026 121,076
<br />Penalties and interest 16,206 29,227
<br />Total general property taxes $682,470 714,892 $32,422 582,876
<br />Licenses and permits:
<br />Non- business 13,303 15,990
<br />Business 150,812 121,889
<br />Total licenses and permits 112,000 164,115 52,115 137,879
<br />Intergovernmental:
<br />State:
<br />Local government aid 232,460 232,159 (301) 219,728
<br />Homestead credit 265,530 265,530 237,047
<br />Mobile home homestead credit 1,520 1,520 1,289
<br />Police state aid 26,800 26,828 28 18,722
<br />Police training reimbursement 1,099 1,099 320
<br />MSA maintenance 13,900 13,935 35 13,935
<br />Surcharge rebate 4,573 4,573
<br />Section 8 housing 144
<br />Video game refund 30 30
<br />Total intergovernmental 538,690 545,674 6,984 491,185
<br />Charges for services:
<br />General government 18,000 4,096 (13,904) 8,539
<br />Fees retained from collection for
<br />other governments - SAC 3,349 3,349 746
<br />Public safety 50,700 51,624 924 49,964
<br />Total charges for services 68,700 59,069 (9,631) 59,249
<br />Fines and forfeits 47,500 68,448 20,948 65,369
<br />Interest on investments 16,756 16,756 15,736
<br />Miscellaneous:
<br />Sale of property 6,500 6,500
<br />Other 16,000 41,832 25,832 16,204
<br />Total miscellaneous 16,000 48,332 32,332 16,204
<br />Total revenue
<br />1,465,360 1,617,286 15.1,926 _ 1,368,498
<br />The accompanying notes are an integral part of these fmancial statements.
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