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CITY OF LINO LAKES, MINNESOTA
<br />COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
<br />CHANGES IN FUND BALANCE - NONMAJOR GOVERNMENTAL FUNDS
<br />Year Ended December 31, 2011
<br />Debt Service (Continued) Capital Projects
<br />Utility CIP Improvement and
<br />Revenue Refunding TIF Utility Revenue Debt Capital
<br />Bonds Bonds Bonds Refunding Bonds Service Improvement
<br />2006D 2006E 2007A 2010 Subtotal Projects
<br />Revenue:
<br />General property taxes $ $ 313,949 $ - $ - $ 912,149 $
<br />Tax increments - - - -
<br />Intergovernmental - - - 89,937
<br />Special assessments 17,504 633 - - 262,735
<br />Charges for services - - - -
<br />Investment earnings - 28 26,906 18,497
<br />Miscellaneous - - 120,000 148,892
<br />Total revenue 17,504 314,582 - 28 1,321,790 257,326
<br />Expenditures:
<br />Current:
<br />General government - 2,370
<br />Public works 192,862
<br />Parks, recreation and forestry - - -
<br />Conservation of natural resources - - - -
<br />Community development - - - -
<br />Capital outlay:
<br />General government -
<br />Public safety - -
<br />Public works - - -
<br />Debt service:
<br />Principal 50,000 305,000 215,000 100,000 1,715,000
<br />Interest and fiscal charges 16,889 111,067 152,394 30,386 590,105
<br />Total expenditures 66,889 416,067 367,394 130,386 2,305,105 195,232
<br />Revenue over (under) expenditures (49,385) (101,485) (367,394) (130,358) (983,315) 62,094
<br />Other financing sources (uses):
<br />Transfer in 66,122 616,514 366,626 236,385 1,764,296
<br />Transfer out - - (1,129,020)
<br />Sale of property -
<br />Issuance of debt -
<br />Discount on bonds issued -
<br />Premium on bonds issued -
<br />Payment made to refunding
<br />bond escrow agent -
<br />Total other financing
<br />sources (uses) 66,122 616,514 366,626 236,385 635,276
<br />Net increase (decrease) in fund balance 16,737 515,029 (768) 106,027 (348,039) 62,094
<br />Fund balance (deficit) -
<br />Beginning of year 50,974 248,385 155,088 4,945 2,985,677 1,953,747
<br />Fund balance (deficit) - December 31 $ 67,711 $ 763,414 $ 154,320 $ 110,972 $ 2,637,638 $ 2,015,841
<br />75
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