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CITY OF LINO LAKES, MINNESOTA <br />SCHEDULE OF SOURCES AND USES OF FUNDS <br />FOR TAX INCREMENT FINANCING DISTRICT #3 -1 <br />December 31, 1997 <br />(UNAUDITED) <br />Exhibit 14 <br />Accounted <br />Amended for in Current Amount <br />Budget Prior Years Year Remaining <br />Sources of funds: <br />Tax increment collections $1,750,000 $2,606 $3,336 $1,744,058 <br />Refunds and reimbursements - - 10,500 (10,500) <br />Total sources of funds 1,750,000 2,606 13,836 1,733,558 <br />Uses of funds: <br />Land acquisition 1,067,700 - 40,000 1,027,700 <br />Public improvements 557,300 238,868 318,432 <br />Administrative 125,000 6,597 87,983 30,420 <br />Total uses of funds 1,750,000 6,597 366,851 1,376,552 <br />Funds remaining (deficit) $0 ($3,991) ($353,015) $357,006 <br />Name of District: Clearwater Creek Development Center <br />District Number: N-4 and N -5 <br />Type of District: Economic Development <br />Date Certified: June 30, 1995 <br />Duration: 11 Years <br />Tax Capacity: <br />Original $65,676 <br />Current $288,459 <br />120 <br />