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CITY OF LINO LAKES, MINNESOTA
<br />DEBT SERVICE FUNDS
<br />COMBINING STATEMENT OF REVENUE, EXPENDITURES AND
<br />CHANGES IN FUND BALANCE
<br />For The Year Ended December 31, 1995
<br />With Comparative Totals For The Year Ended December 31, 1994
<br />Temporary
<br />Improvement Improvement Improvement
<br />Closed Bonds of Bonds of Bonds of
<br />Bond 1988 1992A 1994A
<br />Revenue:
<br />General property taxes:
<br />Current and delinquent $1,545 $ - $ - $
<br />Fiscal disparities
<br />Intergovernmental:
<br />State:
<br />HACA and equalization aid
<br />Special assessments:
<br />Current and delinquent 41,441 16,778 26,916 46,814
<br />Prepayments 44,596 5,401 90,157
<br />Tax forfeit - -
<br />Penalties and interest 316 323
<br />Interest on investments 26,573 14,285 5,676
<br />Miscellaneous - -
<br />Total revenue 114,471 16,778 46,925 142,647
<br />Expenditures:
<br />Current:
<br />General government 88,918
<br />Debt service:
<br />Principal 500,000 150,000
<br />Interest 16,767 202,195 102,655
<br />Fiscal charges 425 400 150
<br />Total expenditures 88,918 517,192 352,595 102,805
<br />Revenue over (under) expenditures 25,553 (500,414) (305,670) 39,842
<br />Other financing sources (uses):
<br />Operating transfer to Capital Project Funds
<br />Bond proceeds
<br />Total other financing sources (uses) 0 0 0 0
<br />Net increase (decrease) in fund balance 25,553 (500,414) (305,670) 39,842
<br />Fund balance (deficit) - January 1 289,457 767,195 531,590 85,773
<br />Residual equity transfer in 448,089 164,772
<br />Residual equity transfer out - (266,781) -
<br />Fund balance (deficit) - December 31 $763,099 $0 $390,692 $125,615
<br />66
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