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Comprehensive Annual Financial Report 12/31/1996
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Comprehensive Annual Financial Report 12/31/1996
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Audit Report 12/31/1996
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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, 1996 <br />Exhibit '7 <br />Accounted <br />Amended for in Current Amount <br />Budget Prior Years Year Remaining <br />Sources of funds: <br />Tax increment collections $1,470,000 $1,256,465 $231,815 ($18,280) <br />Interest on investments - 207,161 12,904 (220,065) <br />_. Total sources of funds 1,470,000 1,463,626 244,719 (238,345) <br />Uses of funds: <br />.. Public improvements 1,470,000 1,097,491 372,509 <br />Administrative 55,065 67,798 (122,863) <br />Developer assistance 105,000 - (105,000) <br />.— Transfer to other funds 12,595 22,497 (35,092) <br />Total uses of funds 1,470,000 1,270,151 90,295 109,554 <br />Woo <br />Funds remaining (deficit) $0 $193,475 $154,424 ($347,899) <br />Name of District: Rice Lake Estates <br />District Number: H-4 <br />Type of District: Housing <br />- Date Certified: June 29, 1987 <br />Duration: 25 Years <br />Tax Capacity: <br />Original 2,689 <br />Current 185,033 <br />Maw <br />VIEW <br />105 <br />
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