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CITY OF LINO LAKES, MINNESOTA
<br />CAPITAL PROJECT 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 />Statement 14
<br />Page 1 of 3
<br />Capital Closed Area and
<br />Improvement Bond Dedicated Unit MSA
<br />Projects Fund Parks Charge Construction
<br />Revenue:
<br />General property taxes:
<br />Current and delinquent $ $806 $ $ $
<br />Fiscal disparities
<br />Tax increments
<br />Intergovernmental:
<br />Federal:
<br />Other 2,822
<br />State:
<br />MSA construction 965,581
<br />Other -
<br />Special assessments:
<br />Current and delinquent 13,126 310,768
<br />Prepayments - 284,354 1,138,592 -
<br />Penalties and interest 7 796
<br />Utility Charges 178,080
<br />Investment earnings 7,733 32,439 19,011 406,255
<br />Refunds and reimbursements
<br />Miscellaneous
<br />Rental payments 44,100 -
<br />Park dedication fees 23,558
<br />Sale of property - -
<br />Total miscellaneous 44,100 23,558
<br />Total revenue 54,655 330,732 42,569 2,034,491 965.581
<br />Expenditures:
<br />Current:
<br />General government:
<br />Contractual services 2,005 8,907 11,920 14,744
<br />Public works:
<br />Contractual services -
<br />Capital outlay:
<br />General government 5,409 - - -
<br />Public safety 153,335
<br />Public works 4,287 -
<br />Parks, recreation and forestry 89,570 45,365
<br />Debt service:
<br />Interest - -
<br />Construction/acquisition 2,938 - 1,037,979
<br />Total expenditures 257,544 8,907 57,285 1,052,723
<br />Revenue over (under) expenditures
<br />(202,889) 321,825
<br />(14,716) 981,768
<br />1,267,551
<br />1,267.551
<br />(301.970)
<br />Other financing sources (uses):
<br />Operating transfer from Capital Project Funds - -
<br />Operating transfer to Debt Service Funds -
<br />Operating transfer to Capital Project Funds (954,492) (919,000) -
<br />Bond proceeds 287,734 - 381,250 -
<br />Total other financing sources (uses) 287,734 (954,492) (537,750)
<br />Net increase (decrease) in fund balance 84,845 (632,667) (14,716) 444,018 (301,970)
<br />Fund balance (deficit)
<br />Beginning of year, as previously stated (22,358) 1,098,099 309,982 6,515,713 (24.618)
<br />Prior period adjustment (959) (6,485) (1,883) (36,285) (179)
<br />Beginning of year, as restated (23,317) 1,091,614 308,099 6,479,428 (24,797)
<br />Residual equity transfer in
<br />Residual equity transfer out
<br />Fund balance (deficit) - December 31
<br />$61,528
<br />$458,947 $293,383
<br />$6,923,446 ($326,767)
<br />89
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