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City of Lino Lakes, Minnesota
<br />Management Report, Page 5
<br />Tax Increment Receivable
<br />The City had delinquent tax increments in the amount of $2,483 at December 31, 1994 as
<br />follows:
<br />TIF TW
<br />1 -1 1 -2 Total
<br />Delinquent Balance - January 1 $9,433 $3 $9,436
<br />Current Levy 198,995 114,438 313,433
<br />Total receviable 208,428 114,441 322,869
<br />Receipts:
<br />Current 197,334 114,438 311,772
<br />Delinquent 28 24,909 24,937
<br />Total receipts 197,362 139,347 336,709
<br />Unadjusted balance 11,066 (24,906) (13,840)
<br />Adjustments:
<br />Tax forfeit property (8,586) (8,586)
<br />1993 collections 24,909 24,909
<br />Delinquent balance - December 31 $2,480 $3 $2,483
<br />Special Assessments Receivable
<br />Special assessments receivable consisted of the following amounts at December 31, 1993 and
<br />1994:
<br />December 31, Increase
<br />1993 1994 (Decrease)
<br />Delinquent $43,036 $36,497 ($6,539)
<br />Deferred 3,066,724 2,609,301 (457,423)
<br />City property 10,510 10,510
<br />Due from County 26,125 9,201 (16,924)
<br />Special deferred 297,113 (297,113)
<br />Totals $3,443,508 $2,665,509 ($777,999)
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