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CITY OF LINO LAKES, MINNESOTA <br />SCHEDULE OF SOURCES AND USES OF FUNDS <br />FOR TAX INCREMENT FINANCING DISTRICT #1-5 <br />December 31, 1997 <br />(UNAUDITED) <br />Exhibit 10 <br />Accounted <br />Amended for in Current Amount <br />Budget Prior Years Year Remaining <br />Sources of funds: <br />Tax increment collections $915,000 $ $26,874 $888,126 <br />Interest on investments - 426 (426) <br />Total sources of funds 915,000 0 27,300 887,700 <br />Uses of funds: <br />Land acquisition 155,000 155,000 <br />Public improvements 685,000 24,186 660,814 <br />Administrative 75,000 1,771 493 72,736 <br />Total uses of funds 915,000 1,771 24,679 888,550 <br />Funds remaining (deficit) <br />Name of District: Willow Ponds Senior Housing <br />District Number: M-6 <br />Type of District: Housing <br />Date Certified: August 25, 1993 <br />Duration: 25 years <br />Tax Capacity: <br />Original 3159 <br />Current $63,578 <br />1 1 6 <br />$0 ($1,771) $2,621 ($850) <br />