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City of Lino Lakes, Minnesota <br />Management Report, Page 16 <br />GENERAL FUND <br />The financial statements of the General Fund are presented in Statements 6 and 7 of the Annual <br />Financial Report The fund balance of the General Fund increased by $185,000 in 1989 as <br />follows: <br />Budgeted increase (decrease) in fund balance $49,962 <br />Actual revenues over (under) budgeted revenues: <br />Property taxes $2,716 <br />Licenses and permits 31,537 <br />Intergovernmental revenue 30,529 <br />Charges for services 1,976 <br />Fines and forfeits 2,814 <br />Interest on investment 54,930 <br />Miscellaneous 26,554 <br />Net revenue over budget <br />Actual expenditures under (over) <br />budgeted expenditures: <br />General government (33,443) <br />Public safety (29,607) <br />Highways and streets 53,962 <br />Parks (16,178) <br />Other (10,998) <br />Capital outlay 20,837 <br />Net expenditures under budget <br />151,056 <br />(15,427) <br />Total improvement $185,591 <br />Detail of the preceding budget variances are presented in Statement 7 of the 1989 Annual <br />Financial Report. <br />