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— CITY OF LINO LAKES, MINNESOTA <br />SCHEDULE OF SOURCES AND USES OF FUNDS <br />FOR TAX INCREMENT HOUSING DISTRICT #1 -1 <br />— December 31, 1991 <br />Exhibit 7 <br />Accounted <br />Amended for in Current Amount <br />Budget Prior Years Year Remaining <br />— Sources of funds: <br />Bond proceeds $1,200,000 $1,200,000 <br />Tax increment collections 2,404,254 $271,359 $191,326 1,941,569 <br />— Interest on investments 19,500 20,172 (39,672) <br />Total sources of funds 3,604,254 290,859 211,498 3,101,897 <br />_. Uses of funds: <br />Public improvements 974,094 974,094 <br />Administrative 940 1,024 (1,964) <br />-_ Bonding costs 25,000 25,000 <br />Bond discount 24,000 24,000 <br />Capitalized interest 192,404 192,404 <br />Debt service 2,355,000 2,355,000 <br />Total uses of funds 3,570,498 940 1,024 3,568,534 <br />Funds remaining (deficit) $33,756 $289,919 $210,474 ($466,637) <br />