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CITY OF LINO LAKES, MINNESOTA <br />STATEMENT OF ACTIVITIES <br />Year Ended December 31, 2008 <br />Functions/Programs <br />Governmental activities: <br />General government <br />Public safety <br />Public services <br />Parks, recreation and forestry <br />Conservation of natural resources <br />Community development <br />Interest on long -term debt <br />Total governmental activities <br />Business -type activities: <br />Water <br />Sewer <br />Total business -type activities <br />Total <br />Expenses <br />$ 2,323,358 <br />4,051,162 <br />7,608,626 <br />919,948 <br />184,624 <br />1,114,158 <br />1,045,781 <br />17,247,657 <br />1,020,770 <br />1,287,943 <br />2,308,713 <br />$ 19,556,370 <br />Program Revenues <br />Charges for <br />Services <br />$ 79,844 <br />1,296,418 <br />413,040 <br />187,285 <br />3,660 <br />11,623 <br />Operating <br />Grants and <br />Contributions Contributions <br />Capital Grants and <br />$ 19,888 $ 27,000 <br />176,925 <br />443,379 1,067,789 <br />17,548 <br />35,325 <br />1,991,870 693,065 <br />1,058,493 <br />1 ,472,093 <br />2,530,586 <br />$ 4,522,456 <br />■ <br />$ 693,065 <br />1,094,789 <br />9,587 <br />530 <br />10,117 <br />$ 1,104,906 <br />General revenues: <br />Taxes: <br />Property taxes, levied for general purpose <br />Franchise taxes <br />Other taxes <br />Grants and contributions not restricted to specific programs <br />Unrestricted investment earnings <br />Gain on disposal of capital assets <br />Transfers <br />Total general revenues and transfers <br />Change in net assets <br />Net assets - beginning <br />Net assets - ending <br />The accompanying notes are an integral part of these basic financial statements. <br />22 <br />