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Management Report and Recommendations 12/31/1995
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Management Report and Recommendations 12/31/1995
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Management Report and Recommendations
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12/31/1995
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City of Lino Lakes, Minnesota <br />Management Report, Page 9 <br />All other revenue consists of the following as of December 31, 1994 and 1995: <br />December 31, Increase <br />1994 1995 (Decrease) <br />Licenses and permits $383,388 $544,267 $160,879 <br />Federal aid 1,695 28,598 26,903 <br />County aid 24,272 35,975 11,703 <br />Charges for services 353,026 241,393 (111,633) <br />Fines and forfeits 72,454 93,861 21,407 <br />Interest on investments 81,373 78,659 (2,714) <br />Refunds and reimbursements 29,077 32,481 3,404 <br />Gas franchise fees 61,734 30,486 (31,248) <br />Cable TV 16,335 18,255 1,920 <br />Miscellaneous 23,132 52,866 29,734 <br />Total $1,046,486 $1,156,841 $110,355 <br />In prior years, it was the City's policy to recognize gas franchise fee revenue when received <br />and not in the year earned. The City has amended this policy, which has resulted in both the 1993 <br />and 1994 gas franchise revenue being recorded in 1994. <br />The increase in licenses and permits is due to increased new home starts in 1995 following the <br />1994 building moratorium, prison expansion and industrial development. The decrease in charges <br />for services is due to a decrease in administrative and engineering/planning fees resulting from no <br />bonding in 1995. <br />
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