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Comprehensive Annual Financial Report 12/31/1997
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Comprehensive Annual Financial Report 12/31/1997
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Comprehensive Annual Financial Report
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12/31/1997
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CITY OF LINO LAKES, MINNESOTA <br />SCHEDULE OF SOURCES AND USES OF FUNDS <br />FOR TAX INCREMENT FINANCING DISTRICT #1-4 <br />December 31, 1997 <br />(UNAUDITED) <br />Exhibit 9 <br />Accounted <br />Amended for in Current Amount <br />Budget Prior Years Year Remaining <br />— Sources of funds: <br />Bond proceeds $ - $ - $ - $ - <br />Tax increment collections 110,000 13,255 47,703 49,042 <br />Interest on investments - - 660 (660) <br />Refunds and reimbursements 46,011 600 (46,611) <br />Total sources of funds 110,000 59,266 48,963 1,771 <br />Uses of funds: <br />Administrative 110,000 51,812 3,511 54,677 <br />..- Transfer to other funds - 11,914 - (11,914) <br />Total uses of funds 110,000 63,726 3,511 42,763 <br />Funds remaining (deficit) $0 ($4,460) $45,452 ($40,992) <br />Name of District: Apollo Business Center <br />District Number: L -5 <br />Type of District: Economic Development <br />Date Certified: April 20, 1990 <br />Duration: 10 Years <br />Tax Capacity: <br />— Original $2,117 <br />Current $50,527 <br />Ilawr <br />115 <br />
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