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City of Lino Lakes, Minnesota <br />Management Report, Page 19 <br />Community Development Block Grant <br />The Community Development Block Grant (CDBG) Fund was established in 1982 to account <br />for the financial activity related to the projects to be funded by the CDBG program. The City <br />entered into an agreement with Anoka County to receive CDBG funds. The County of Anoka, <br />along with other governmental units, was awarded the grant. The City of Lino Lakes is <br />considered to be a sub - grantee and must comply with the provisions of the grant agreement. The <br />City has established the compliance procedures that are required to be documented in City <br />records. Proper documentation with the grant agreement has aided the City in receiving the <br />monies applied for regarding the reimbursement of City expenditures. <br />As of December 31, 1996 this fund had a fund balance of $166. Prior to 1996, this fund was <br />reported in the Annual Financial Report as a Capital Project Fund type. <br />Program Recreation <br />This fund was established in 1993 to account for direct costs of self - supporting recreation <br />programs. A summary of 1996 financial activity is as follows: <br />Revenue: <br />Recreation fees $74,454 <br />Interest 955 <br />Total revenue 75,409 <br />Expenditures: <br />Personal services 38,394 <br />Supplies 26,424 <br />Other services and charges 402 <br />Contractual services 557 <br />Total expenditures 65,777 <br />Revenue over expenditures $9,632 <br />Prior to 1997, the City did not formally adopt a budget for this fund. The City has formally <br />adopted a budget for 1997. <br />