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City of Lino Lakes, Minnesota
<br />Management Report, Page 8
<br />INDIVIDUAL FUND/FUND TYPE ANALYSIS
<br />GENERAL FUND
<br />The general fund of the City is maintained to account for the current operating and capital
<br />outlay expenditures common to all cities. These basic services include general government, public
<br />safety, public works and parks and recreation.
<br />A summary of the revenue sources of the general fund is as follows:
<br />State Aids Property Taxes All Other Total
<br />Year Amount Percent Amount Percent Amount Percent Amount Percent
<br />1986 $491,041 37.2% $585,137 443% $244,581 18.5% $1,320,759 100.0%
<br />- 1987 585,674 36.2% 714,892 44.2% 316,720 19.6% 1,617,286 100.0%
<br />1988 549,567 30.7% 769,915 42.9% 473,490 26.4% 1,792,972 100.0%
<br />1989 682,407 32.8% 848,472 40.8% 550,916 26.5% 2,081,795 100.0%
<br />1990 600,419 26.2% 994,399 433% 699,831 30.5% 2,294,649 100.0%
<br />1991 456,273 18.8% 1,179,087 48.7% 786,174 32.5% 2,421,534 100.0%
<br />1992 564,514 20.9% 1,206,998 44.6% 934,282 34.5% 2,705,794 100.0%
<br />1993 628,790 19.8% 1,420,369 44.7% 1,128,503 35.5% 3,177,662 100.0%
<br />- 1994* 639,630 19.1% 1,586,677 47.3% 1,126,142 33.6% 3,352,449 100.0%
<br />* Budgeted
<br />All other revenue consists of charges for services, fines and forfeits, licenses and permits, and
<br />interest on investments. As shown above, property taxes as a percent of total revenue has
<br />consistently been approximately 45 %.
<br />State aids for the General Fund have consisted of the following amounts from 1988 through
<br />1993 actual and 1994 budgeted
<br />1994
<br />State Aids 1988 1989 1990 1991 1992 1993 Budgeted
<br />- LocalGovemmentAid $232,157 $330,823 $163,165 $95,440 $94,960 $90,138 $145,445
<br />Homestead Credit 259,384 270,645 324,828 251,303 290,428 356,182 369,185
<br />Equalization aid 0 0 44,547 42,991 45,547 42,854 0
<br />- Police Aid 33,298 32,739 35,662 43,044 44,692 47,253 45,000
<br />MSA - Streets 13,935 13,935 13,935 13,170 81,232 86,246 80,000
<br />Other Aids 10 793 34 265 18,282 6 416 7 655 6117 0
<br />Totals $549,567 $682,407 $600,419 $452,364 $564,514 $628,790 $639,630
<br />Percent change 0.71% 24.17% (12.01)% (24.66)% 24.79% 11.39% 1.72%
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