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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, 2010
<br />Debt Service (Continued)
<br />Utility
<br />Revenue
<br />Bonds
<br />2006D
<br />Revenue:
<br />General property taxes $
<br />Tax increments
<br />Intergovernmental - -
<br />Special assessments 17,008 232
<br />Charges for services - -
<br />Investment eamings - 738
<br />Miscellaneous
<br />Total revenue 17,008 305,546
<br />Expenditures:
<br />Current:
<br />General government
<br />Public works
<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 80,000
<br />Interest and fiscal charges 18,992 118,869
<br />Total expenditures 68,992 198,869
<br />CIP
<br />Refunding
<br />Bonds
<br />2006E
<br />TIF
<br />Bonds
<br />2007A
<br />$ 304,576 $
<br />Revenue over (under) expenditures (51,984) 106,677
<br />Other financing sources (uses):
<br />Transfer in 68,122
<br />Transfer out
<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)
<br />Net increase (decrease) in fund balance
<br />Fund balance (deficit)
<br />Beginning of year
<br />Fund balance (deficit) - December 31
<br />175,000
<br />160,296
<br />335,296
<br />Improvement
<br />Bonds
<br />2009A
<br />99,575
<br />99,575
<br />(335,296) (99,575)
<br />335,346 100,000
<br />68,122 335,346
<br />16,138 106,677 50
<br />34,836 141,708 155,038
<br />100,000
<br />425
<br />Improvement and
<br />Utility Revenue
<br />Refunding Bonds
<br />2010
<br />536
<br />536
<br />26,264
<br />26,264
<br />(25,728)
<br />19,693
<br />10,980
<br />30,673
<br />50,974 $ 248,385 $ 155,088 $ 425 $
<br />74
<br />4,945
<br />Debt
<br />Service
<br />Subtotal
<br />$ 837,444
<br />264,992
<br />28,746
<br />120,000
<br />1,251,182
<br />1,566,000
<br />785,458
<br />2,351,458
<br />(1,100,276)
<br />583,049
<br />1,000,000
<br />10,980
<br />(965,000)
<br />629,029
<br />(471,247)
<br />3,457,349
<br />4,945 $ 2,986,102
<br />
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