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IMmo
<br />IMO
<br />CITY OF LINO LAKES
<br />Equipment Replacement Financing Schedule
<br />Police, Fire, Public Works & Parks
<br />2003 2004 2005 2006 2007 2008 2009 2010
<br />1999 Certificate
<br />2000 Certificate 120,705
<br />2001 Certificate 130,473 122,430
<br />2002 Certificate 69,405 52,920 50,085
<br />2003 Certificate 62,948 52,605 44,520
<br />2004 Certificate 32,603 27,111 26,712
<br />Debt Levy 320,583 238,298 135,293 71,631 26,712
<br />Equip Levy
<br />Total Levy
<br />200,000 344,000 357,000 360,000 360,000 360,000 360,000 360,000
<br />520,583 582,298 492,293 431,631 386,712 360,000 360,000 360,000
<br />Annual Change in Levy (27,710) 61,715 (90,005) (60,662) (44,919) (26,712)
<br />New Certificates Issued 130,000 70,000
<br />Eaulament Replacement Fund
<br />2003 2004 2005 2006 2007 2008 2009 2010
<br />Balance 1/1 3,027 46,378 7,599 37,182 83,618 215,906 272,853 342,839
<br />Certificates/Levy 330,000 414,000 357,000 360,000 360,000 360,000 360,000 360,000
<br />Scheduled Purchases
<br />PW & Parks (163,000) (288,000) (175,500) (166,000) (59,000) (159,000) (147,000) (123,000)
<br />Police (73,500) (109,000) (96,000) (96,000) (120,000) (96,000) (96,000) (96,000)
<br />Fire (67,500) (68,000) (69,000) (70,000) (71,000) (72,000) (73,000) (74,000)
<br />Sale of Used Vehicles (Sa 16,000 12,000 12,000 16,000 16,000 16,000 16,000 16,000
<br />Interest Income @ 3% 1,351 221 1,083 2,435 6,289 7,947 9,986 12,775
<br />Balance 12/31 46,378 7,599 37,182 83,618 215,906 272,853 342,839 438,614
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