Laserfiche WebLink
City of Lino Lakes, Minnesota <br />Management Report <br />Enterprise (Utility) Fund <br />As shown on the previous page, both the water and sewer funds experienced net increases <br />in retained earnings for 1996 and 1997. Also as shown above, the single largest expense of the <br />sewer fund is MCES sewer charges. <br />The MCES bills the City annually on an estimated basis. These billings are adjusted at a <br />later date and the City is billed the additional amount or given a refund. The MCES billings for <br />calendar years 1988 through 1997 have been as follows: <br />Billings from MCES <br />Estimated Final <br />Percent Percent <br />Year Amount Change Amount Change <br />1988 $41,351 $40,197 <br />1989 52,098 25.99% 48,521 20.71% <br />1990 67,232 29.05% 70,243 44.77% <br />1991 78,048 16.09% 96,542 37.44% <br />1992 104,090 33.37% 131,251 35.95% <br />1993 141,730 36.16% 167,079 27.30% <br />1994 198,918 40.35% 205,452 22.97% <br />1995 229,851 15.55% 239,841 16.74% <br />1996 250,435 8.96% 272,155 13.47% <br />1997 275,479 10.00% N/A N/A <br />Page 55 <br />