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Annual Financial Report 12/31/1987
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Annual Financial Report 12/31/1987
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Annual Financial Report
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12/31/1987
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Revenue: <br />Intergovernmental: <br />Federal grants: <br />CITY OF LINO LAKES, MINNESOTA <br />Statement 9 <br />FEDERAL REVENUE SHARING <br />STATEMENT OF REVENUE, EXPENDITURES AND CHANGES <br />IN FUND BALANCE - BUDGET AND ACTUAL <br />For The Year Ended December 31, 1987 <br />1987 <br />Over <br />(Under) 1986 <br />Budget Actual Budget Actual <br />Memorandum <br />Only <br />Federal revenue sharing $28,358 <br />Interest on investments 1,635 <br />Total revenue $0 $0 $0 29,993 <br />Expenditures: <br />Other <br />Total expenditures <br />Revenue over expenditures <br />Other increases (decreases): <br />Operating transfer to General Fund <br />Net increase (decrease) in fund <br />balance <br />Fund balance - January 1 <br />Residual equity transfer <br />Fund balance - December 31 <br />0 0 0 0 <br />0 0 0 29,993 <br />$0 <br />(39,846) <br />0 $0 (9,853) <br />2,377 12,230 <br />(2,377) <br />$0 $2,377 <br />The accompanying notes are an integral part of these financial statements. <br />
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