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City of Lino Lakes, Minnesota <br />Management Report, Page 16 <br />The City's minimum cash flow reserve requirement is measurable. For the City of <br />Lino Lakes, the minimum required surplus is $528,000 computed as follows: <br />_ 1986 Budgeted Levy (Includes Homestead Credit) <br />1986 Anticipated Local Government Aid <br />Total <br />$ 835,500 <br />220,000 <br />$1,055,500 <br />Minimum Required Cash -Flow Reserve (One -Half of Total) $ 528,000 <br />The City improved the financial position and undesignated reserve balance of the <br />General Fund substantially in 1985. This increase (plus incremental increases over the <br />past several years) will allow the City to better manage the impending State aid reduc- <br />tions of 1986. <br />Reserve for <br />Emergency/ <br />Unanticipated <br />Expenditures <br />Reserve for Cash Flow <br />( timing difference between <br />expenditure dates and <br />major revenue receipts ) <br />Reserve for <br />Capital Outlay <br />Replacement <br />-------------------------------- - - - - -- <br />ADEOUATE <br />GENERAL FUND <br />RESERVE BALANCE <br />Reserve for <br />Intergovernmental <br />Revenue Reductions <br />Reserve for <br />Special City <br />Council Projects <br />