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INNEN <br />Nam <br />law <br />NNW <br />Immo <br />CITY OF LINO LAKES, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />December 31, 1998 <br />Note 13 DESIGNATIONS AND RESERVATIONS OF FUND EQUITY <br />At December 31, 1998 and 1997 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 />1998 and 1997 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 />1998 1997 <br />General Fund: <br />Reserve for prepaid items $ 98,453 $ 99,820 <br />Designated for general contingencies 761,335 729,915 <br />Designated for cash flow reserve 1,696,600 1,718,428 <br />Designated for employee benefits 214,857 202,445 <br />Designated state aid reductions 250,000 - <br />Designated for special programs 390,087 307,304 <br />Special Revenue Fund: <br />Reserve for prepaid items 264 323 <br />Designated for recreation programs 36,956 29,854 <br />Designated for CDBG programs 7,946 <br />Debt Service Funds: <br />Reserved for debt retirement 1,989,218 1,009,512 <br />Capital Project Funds: <br />Reserved for prepaid items 949 2,318 <br />Reserved for land held for resale 989,506 989,506 <br />Designated for capital improvements 13,802,691 10,644,145 <br />Designated for equipment acquisition 33,664 - <br />Designated for park improvements 293,383 309,982 <br />Totals $ 20,557,963 $ 16,051,498 <br />51 <br />