Management Report and Recommendations 12/31/1988

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City of Lino Lakes, Minnesota Management Report, Page 10 Due from Other Governmental Units Included in due from other governmental units are various Federal and State grants receivable that the City has earned as of December 31, 1988. The following schedule details these amounts. December 31, Description 1988 1987 State: Fines and forfeits $4,203 $5,536 MSA 127,613 Federal: Community Development Block Grant 11,612 5,846 Local: Anoka County 182 MWCC - Maintenance Agreement 7,319 10,071 Final cost allocation 5,326 4,136 Police contract 12,695 Ditch payments: Anoka County 13,116 Rice Creek Watershed 9,600 Circle Pines - salt 1,150 Centerville - salt 232 White Bear Township 2,735 Total $29,792 $191,580 Excluded from the above schedule is the gas franchise tax receivable which represents the City's share in the 1988 profits of the gas franchise operated by Circle Pines within the City of Lino Lakes. The amount is due each May following the year in which the amount is earned. As such, the payment is measurable but not available and therefore is recognized in the year received (see later comments). The receivable from the MWCC for maintenance was submitted for reimbursement in June, 1989. The City may request this reimbursement earlier (in six month intervals) to accelerate the reimbursement process and improve the cash flow of the City. The City currently receives approximately $14,000 annually in MSA maintenance monies. The City also has available approximately $263,000 annually in MSA construction allotments. These construction allotments ordinarily can be used to finance construction costs relating to MSA designated streets. Unused construction allotments total approximately $673,000 at December 31, 1988. The City may be able to justify and request up to 25% of such annual total allotments for maintenance purposes (i.e., 25% of $277,000 or $69,000 per year). This could increase the total