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Annual Financial Report 12/31/1992
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Annual Financial Report 12/31/1992
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Annual Financial Report
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12/31/1992
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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, 1992 <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 $76,627 $131,503 (208,130) <br />Interest on investments $1,110 5,067 (6,177) <br />Total sources of funds 975,000 $77,737 136,570 760,693 <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 9,517 2,786 19,197 <br />Bond discount 20,000 20,000 <br />Capitalized interest 200,000 200,000 <br />Transfer to other funds 1586 (1,586) <br />Total uses of funds 975,000 9,517 4,372 961,111 <br />Funds remaining (deficit) $0 $68,220 $132,198 ($200,418) <br />
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