Comprehensive Annual Financial Report 12/31/2002

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CITY OF LINO LAKES, MINNESOTA CAPITAL PROJECT FUNDS COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE For The Year Ended December 31, 2002 With Comparative Totals For The Year Ended December 31, 2001 Revenue: General property taxes: Tax increments Intergovernmental State Aid County Federal Government Special assessments: Current and delinquent Prepayments Penalties and interest Utility Charges Investment earnings Refunds and reimbursements Miscellaneous Park dedication fees Antenna Lease Sale of property Total miscellaneous Total revenue Town Interim 1996 1997 1998 Center Construction Construction Construction Construction Project 5,428 15;)18 5,428 (354,167) 15,918 (354,167) Expenditures: Current: General government: Contractual services - 1,355 741 - Public works: Contractual services Capital outlay: General government Public safety - Public works Parks, recreation and forestry Debt service: Principal 859,352 Interest - 192,467 Construction/acquisition - Total expenditures 1,355 741 1,051,819 Revenue over (under) expenditures 5,428 15,918 (355,522) (741) (1,051,819) Other financing sources (uses): Operating transfer from General Fund Operating transfer from Capital Project Funds 67,292 - Operating transfer to Debt Service Funds Operating transfer to Capital Project Funds - Operating transfer to Enterprise Funds Bond proceeds Total other financing sources (uses) 67,292 Net increase (decrease) in fund balance Fund balance (deficit) Beginning of year Residual equity transfer in Residual equity transfer out Fund balance (deficit) - December 31 72,720 15,918 (355,522) (741) (1,051,819) 196,529 717,346 (343,018) (2,661,374) (29,501) $ 269,249 $ 733,264 $ (698,540) $ (2,662,115) 5 (1,081,320) 63