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City of Lino Lakes <br />Management Report, Page 24 <br />The total amount needed to finance the Senior Citizen facility per the cost estimate <br />. by the City was $126,502. The City has expanded the scope of the project to include <br />kitchen facilities, parking, landscaping and lighting. We recommend that the City <br />review the financing and related expenditures of the Senior Citizen center to assure <br />that financing is sufficient. <br />The following schedule summarizes the activity of this fund through December 31, <br />1 983: <br />Revenue: <br />County of Anoka Community Development <br />Block Grant <br />Expenditures: <br />1 982 <br />1 983 <br />$ 5,316 <br />93, 375 <br />Total expenditures <br />Fund balance - December 31, 1983 <br />Less: Designated for committed contracts <br />Adjusted balance (deficit) <br />$ 100,683 <br />98,691 <br />1,992 <br />(33,580) <br />$ (31,588) <br />City Hall Expansion <br />In 1983, the City expanded the CDBG project to include City Hall upgrading. This <br />part of the construction has been presented separately in the Capital Project financial <br />statements. The City had budgeted the expenditures of this construction in the General <br />Fund for 1984. The construction of a general government (non - assessable) facility is <br />more appropriately accounted for in a Capital Project Fund. We recommend that the City <br />amend the 1984 General Fund budget to account for revenues and expenditures of the City <br />Hall Expansion Project in the Capital Project Fund. <br />