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Background <br />5 <br />• 3. Background <br />• <br />• <br />• <br />• <br />• <br />• <br />• <br />• <br />• <br />• <br />Water Fund <br />• Historical Information <br />• <br />• <br />• <br />• <br />■ <br />• <br />1 <br />• <br />• <br />• <br />1 <br />1 <br />• <br />1 <br />• <br />t <br />Springsted <br />• <br />The City of Lino Lakes, which is located in central Minnesota, provides <br />approximately 4,150 residential, commercial, industrial, and institutional <br />customers with water and 4,300 accounts with sewer service. The City <br />encompasses approximately 33 square miles and has an estimated 2006 <br />population of 20,290 persons. <br />Currently, the City obtains its water supply from five raw water wells. Water <br />storage for consistent pressure and for fire protection occurs in two elevated <br />storage towers. The City is currently considering a Water Treatment Plant with <br />an additional ground storage unit. These items will be discussed later in this <br />report. <br />Wastewater treatment is provided by the Metropolitan Waste Control <br />Commission. Collection is accomplished through a series of trunk lines that <br />empty into one of nine lift stations operated by the city. <br />A review of the City's most recent financial reports shows the Water Fund <br />ending cash balance has increased since 2004. The 2007 budget was projected <br />to result in an ending cash balance of $2,886,668; up from $1,510,649 in 2004. <br />Historically, the fund has recorded positive operating income. <br />Revenues and expenditures for the past three years and the 2007 budget, as well <br />as the City's current water rate schedule are shown on the following pages. <br />City of Lino Lakes, Minnesota. Water and Sewer Study <br />