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CITY OF LINO LAKES, MINNESOTA <br />SCHEDULE OF SOURCES AND USES OF FUNDS <br />FOR TAX INCREMENT HOUSING DISTRICT #1 -2 <br />December 31, 1991 <br />Exhibit 8 <br />Accounted <br />Amended for in Current Amount — <br />Budget Prior Years Year Remaining <br />Sources of funds: <br />Bond proceeds $975,000 $975,000 <br />Tax increment collections $5,128 $71,499 (76,627) <br />Interest on investments 1,110 (1,110) <br />Total sources of funds 975,000 $5,128 72,609 897,263 <br />Uses of funds: <br />Public improvements 170,000 170,000 <br />Land acquisition 515,000 515,000 <br />Demolition and site preparation 23,500 23,500 <br />Relocation costs 15,000 15,000 <br />Administrative 31,500 7,536 1,981 21,983 <br />Bond discount 20,000 20,000 <br />Capitalized interest 200,000 200,000 <br />Total uses of funds 975,000 7,536 1,981 965,483 <br />Funds remaining (deficit) $0 ($2,408) $70,628 ($68,220) <br />