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N.= <br />Wow <br />CITY OF LINO LAKES, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />December 31, 2000 <br />Note 12 DEFERRED AD VALOREM TAX LEVIES - BONDED DEBT (CONTINUED) <br />These future scheduled tax levies are not shown as assets in the accompanying financial statements at <br />December 31, 2000 and 1999. <br />Future scheduled tax levies for all bonds outstanding at December 31, 2000 totaled $15,155,505. <br />Note 13 DESIGNATIONS AND RESERVATIONS OF FUND EQUITY <br />At December 31, 2000 and 1999, the City had designated and reserved portions of its various fund equities <br />through legal restriction and City Council authorization. Major fund equity appropriations at December 31, <br />2000 and 1999 are shown on the various balance sheets as segregations of the fund equity. A summary of such <br />designations is as follows: <br />December 31, <br />2000 1999 <br />General Fund: <br />Reserve for prepaid items $ 105,052 $ 115,359 <br />Designated for cash flow reserve 3,436,544 3,319,115 <br />Special Revenue Fund: <br />Reserve for prepaid items <br />Designated for recreation programs <br />Debt Service Funds: <br />Reserved for debt retirement <br />Capital Project Funds: <br />Reserved for Advance to Other Funds <br />Reserved for land held for resale <br />Designated for capital improvements <br />Totals <br />Note 14 SHARE IN GAS FRANCHISE PROFITS <br />1,017 <br />51,319 <br />4,101,453 <br />582,916 <br />989,506 <br />10,061,453 <br />$ 19,329,260 <br />35,485 <br />3,824,337 <br />989,506 <br />9,849,952 <br />$ 18,133,754 <br />The City receives a share of the gross billing for natural gas sales by a neighboring City, which provides service <br />within the City of Lino Lakes. The amount reported as revenue in the General Fund for 2000 and 1999 totaled <br />$56,600 and $43,852 , respectively. <br />