01/14/2008 Council Packet - Laserfiche WebLink

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CITY OF LINO LAKES 2008 -2012 FINANCIAL PLAN QTREET AND UTILITY CAPITAL IMPROVEMENT PROGRAM Funding Source Summary - Surface Water Management Fund Funding Source Summary - Storm Water Utility Fund 2008 2009 2010 2011 2012 Beginning Undesignated Cash Balance 1/1 224,235 284,622 431,207 509,160 628,326 Surface Water Mgmt Charges /Assessments 120,000 130,000 205,000 205,000 205,000 Capital Outlay Projects -Tfrs to Project Funds (70,560) - (146,630) (110,000) - Interest Income @ 4% 10,947 16,585 19,583 24,166 33,333 Ending Cash Balance 12/31 284,622 431,207 509,160 628,326 866,659 Funding Source Summary - Storm Water Utility Fund WStormwater Utility is established, all utility fees and stormwater maintenance and projects would be shown here and the General Fund Levy and Expenditures could be reduced by an estimated $384,000 per year. The estimated tax savings on a $250,000 home would be $4.59 per month vs. estimated utility fee of $1.85 per month. • CI -11 2008 2009 2010 2011 2012 Beginning Undesignated Cash Balance 1/1 - - - - - Storm Water Utility Charges - - - - - Capital Outlay Projects -Tfrs to Project Funds - - - - - Interest Income @ 4% - - - - - -ding Cash Balance 12/31 - - - - - WStormwater Utility is established, all utility fees and stormwater maintenance and projects would be shown here and the General Fund Levy and Expenditures could be reduced by an estimated $384,000 per year. The estimated tax savings on a $250,000 home would be $4.59 per month vs. estimated utility fee of $1.85 per month. • CI -11