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CITY OF LINO LAKES, MINNESOTA <br />DEBT SERVICE FUNDS <br />COMBINING STATEMENT OF REVENUE, EXPENDITURES AND <br />CHANGES IN FUND BALANCE <br />For The Year Ended December 31, 1998 <br />With Comparative Totals For The Year Ended December 31, 1997 <br />Improvement Improvement Improvement <br />Bonds of Bonds of Bonds of <br />1992A 1996A 1998A <br />Revenue: <br />General property taxes: <br />Current and delinquent $ - $ - $ <br />Fiscal disparities <br />Intergovernmental: <br />State: <br />HACA and equalization aid <br />Special assessments: <br />Current and delinquent 11,056 210,944 <br />Prepayments 1,149 452,780 72,465 <br />Penalties and interest 262 - - <br />Investment earnings 41,408 4,703 <br />Total revenue 12,467 705,132 77,168 <br />Expenditures: <br />Debt service: <br />Principal 250,000 300,000 <br />Interest 168,940 214,600 <br />Fiscal charges 375 1,224 313 <br />Total expenditures 419,315 515,824 313 <br />Revenue over (under) expenditures (406,848) 189,308 76,855 <br />Other financing sources (uses): <br />Operating transfer from Capital Project Funds 419,000 <br />Bond proceeds - - 186,101 <br />Total other financing sources (uses) 419,000 186,101 <br />Net increase (decrease) in fund balance 12,152 189,308 262,956 <br />Fund balance <br />Beginning of year, as previously stated 11,065 787,161 <br />Prior period adjustment - (1,318) <br />Beginning of year, as restated 11,065 785,843 <br />Residual equity transfer out <br />Fund balance - December 31 <br />78 <br />$23,217 <br />$975,151 $262,956 <br />