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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 -8 <br />December 31, 1997 <br />(UNAUDITED) <br />Exhibit 13 <br />Accounted <br />Amended for in Current Amount <br />Budget Prior Years Year Remaining <br />• Sources of funds: <br />Tax increment collections $985,000 $ $ $985,000 <br />Total sources of funds 985,000 0 0 985,000 <br />Uses of funds: <br />Land acquisition 850,000 850,000 <br />Public improvements 85,000 85,000 <br />Administrative 50,000 3,799 46,201 <br />Total uses of funds 985,000 0 3,799 981,201 <br />Funds remaining (deficit) $0 $0 ($3,799) $3,799 <br />Name of District: Redevelopment <br />District Number: P -1 and P -2 <br />- Type of District: Economic Development <br />Date Certified: September 9, 1997 <br />Duration: 25 Years <br />▪ Tax Capacity: <br />Original $22,292 <br />Current $ - <br />119 <br />
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