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Annual Financial Report 12/31/1991
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Annual Financial Report 12/31/1991
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Annual Financial Report
Date
12/31/1991
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CITY OF LINO LAKES, MINNESOTA <br />SCHEDULE OF SOURCES AND USES OF FUNDS Exhibit 10 <br />FOR TAX INCREMENT FINANCING DISTRICT #1-4 <br />December 31, 1991 <br />Sources of funds: <br />Bond proceeds <br />Refunds and reimbursements <br />Total sources of funds <br />Accounted <br />Amended for in Current Amount <br />Budget Prior Years Year Remaining <br />$1,950,000 <br />1,950,000 <br />$1,950,000 _ <br />$18,889 (18,889) <br />$0 18,889 1,931,111 <br />Uses of funds: <br />Land acquisition 400,000 400,000 <br />Public improvements 1,050,000 1,050,000 <br />Administrative 100,000 22,262 7,006 70,732 <br />Bond discount 40,000 40,000 <br />Capitalized interest 360,000 360,000 <br />Total uses of funds 1,950,000 22,262 7,006 1,920,732 <br />Funds remaining (deficit) $0 ($22,262) $11,883 $10,379 <br />MIRO <br />
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