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CITY OF 1E+1O LAKES, MINNESOTA <br />STATEMENT OF REVENUES, EXPENDITURES, AND <br />CHANGES IN FUND BALANCE - GOVERNMENTAL FUNDS <br />Yea Faded December 31, 2008 <br />G.O. Area and Legacy Other Torsi <br />Improvement Unit Woods Edge Governmental Governmental <br />Revenue General Bonds2005A Charge Improvement Funds Funds <br />General property taxes 5 7,691,576 S - $ - 5 - $ 863,173 S 8,554,749 <br />Tee increments 540,336 540,336 <br />Licenses and permits 802,135 - 802,135 <br />Intergovernmental 537,242 - 487,234 1,004,476 <br />Special assessments 4,323 480,932 4.64,933 950,188 <br />Charges for services 449,555 239,394 183,785 872,534 <br />Fines and forfeits 133,531 - - 133,531 <br />Investment earnings 134,521 3,885 91,695 66 ,357 279,613 576,071 <br />Refunds and reimbursements 8,637 - - - 98 8,735 <br />Isfuscelianeons 172,750 334.930 507,680 <br />Total revenue 9.914,270 3.885 811.821 66,357 3,154,102 I3950,435 <br />Fxpendinats <br />(merest <br />General govern meat 2,046,500 11,767 2,058,267 <br />Public safety 3,806,389 - - 3,806,389 <br />Public works 1,368,630 91,563 3,668,378 413,737 5,542,308 <br />Paris, recreation and forestry 847,542 - 185,718 1,033,260 <br />Conservation of natural resources 178,254 4,770 183,024 <br />Connmmity development 745,127 368,105 1,113,232 <br />Capital outlay. <br />General government 2,944 17,295 20,239 <br />Public safety 41,441 145,622 187,063 <br />Public works - 36,403 304,104 340,507 <br />Paris, recreation and forestry .24,000 12,445 36,445 <br />Conservation of natural resources 1,397 1,397 <br />Con mrmity development 224 224 <br />Debt service: <br />Principal 275,000 1,474,000 1,749,000 <br />interest and fiscal ages 263,092 810,960 1,074.052 <br />Total expe t:in res 9,062,448 538,092 91,563 3,704.781 3,748,523 17,245.407 <br />Revenue over (under) expenditures 85I,822 (534,207) 720,258 (3,638.424) (594,421) (3.194.972) <br />Other fora ncing sources (ass): <br />Transfer in 468 25 ,000 2,188,729 2,549,194 4,763,391 <br />Transfer out (806,180) - (542,911) (1,200,000) (2,247,068) (4,796,159) <br />Sale of property - 13,750 13,750 <br />Issuance olden - 209.000 209.000 <br />Total other financing sauces (uses) (805,712) 25,000 (542.911) 988.729 524,876 189,982 <br />Net increase (decrease) in find balance 46,110 (509,207) 377,347 (2,649,695) (69,545) (3,004,99 <br />Fund balance - <br />Beguming of year 5.538,031 510,276 2.471,616 3,245.015 7,425,046 19.189,984 <br />Fund balance - Dercmb r 3] 5 5584.141 5 1,069 S 2,648963 $ 595,320 S 7,355,501 $ 16,184,994 <br />77rr accarnpmna rs nora mT an fnagns' parr ofthew bask Ann ac+at smrme ns. <br />