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Summary <br />This report covers five years <br />Lino Lakes is a fast growing community. The City has a healthy <br />patten of revenues and disbursements /3 of the 4 years - revenues <br />exceeded expenditures. Expenditures have more than doubled in <br />that time frame, but so have revenues - <br />The per capita debt burden in Lino Lakes is $257.00.- the average <br />for other comparable size cities is $600.00. <br />One cautious comment - water and sewer lost money in 1980 and d <br />rate adjustment should be considered. <br />Had never seen an "A" bond rating for a City the size of Lino <br />Lakes. <br />Per capita income increase much more than the rate of inflation <br />over the period of the study. <br />Complimented the City Auditors for putting the City on a <br />Modified Accrual accounting basis - most Cities this size have <br />not yet gone to that system. Anfinson is highly regarded at the <br />State level and the manner in which the City's audit is presented <br />was complemented. <br />