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CITY OF LINO LAKES
<br />2006 -2010 Financial Plan
<br />Equipment Replacement Financing Schedule
<br />Police, Fire, Public Works & Parks
<br />2006 2007 2008 2009 2010
<br />2003 Certificate 137,340
<br />2004 Certificate 107,856 107,016
<br />2005 Certificate 45,364 39,774 40,404
<br />2006 Certificate 120,264 120,372 120,120
<br />2007 Certificate 85,960 85,260 87,360
<br />2008 Certificate 65,380 62,370
<br />2009 Certificate 39,550
<br />Debt Levy 290,560 267,054 246,736 270,760 189,280
<br />Equip Levy
<br />Total Levy
<br />Annual Change in Levy
<br />New Certificates Issued
<br />216,670 300,000 350,000 400,000 450,000
<br />507,230 567,054 596,736 670,760 639,280
<br />72,883 59,824 29,683 74,024 (31,480)
<br />307,000 220,000 160,000 100,000
<br />Equipment Replacement Fund
<br />2006 2007 2008 2009 2010
<br />Balance 1/1 99,880 116,481 148,401 107,045 95,264
<br />Certificates /Levy 523,670 520,000 510,000 500,000 450,000
<br />Unused 5% Overlevy - 13,837 10,757 9,797 10,813 9,013
<br />Scheduled Purchases
<br />Public Services (333,000) (373,500) (415,000) (396,000) (200,000)
<br />Police (127,000) (73,500) (98,000) (73,500) (73,500)
<br />Fire (68,900) (69,500) (70,000) (70,500) (71,000)
<br />Other Equipment (17,583) -
<br />Sale of Used Vehicles (Salvage) 20,000 12,000 16,000 12,000 12,000
<br />Interest Income @ 3.5% 5,577 5,663 5,847 5,406 4,850
<br />Balance 12/31 116,481 148,401 107,045 95,264 226,627
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<br />CI -6
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