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11-24-25 - City Council Meeting Agenda
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11-24-25 - City Council Meeting Agenda
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12/4/2025 9:18:00 AM
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12/4/2025 8:58:35 AM
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City Council
Council Document Type
Council Packet
Meeting Date
11/24/2025
Council Meeting Type
Regular
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City of Lino Lakes <br />General Fund Budget to Actual (Unaudited) <br />For the Quarter Ended September 30, 2025 <br />(C)Interest rates are favorable and surpassing budget expectations and Q3 2024 performance. <br />(D)Unbudgeted professional services expense for finance operations support, in addition to full payments of the annual <br />technology/software licenses made by end of Q3. <br />(E)Increased professional services expenses related to increased permit activity, specifically related to fiber extension permits. <br />This over-budget in expense relates to the positive budget variance in Permit revenues, discussed above. <br />(F)Open CD Specialist position for portion of year. <br />(G)Department is under budget primarily in Contracted Services, the planned Trail Mill & Overlay activities budgeted will occur in <br />Q4. <br />(H)Transfer of $90,000 to Park and Trail Improvement Fund per Resolution and $25,000 to Comp Plan Fund per Financial Plan. <br />Page 320 of 406
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