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<br />76
<br />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, 2013
<br />Improvement and
<br />TIF Utility Revenue Improvement Improvement Debt Capital Capital
<br />Bonds Refunding Bonds Bonds of Bonds of Service Improvement Equipment
<br />2007A 2010 2012A 2013A Subtotal Projects Revolving Fund
<br />Revenue:
<br /> General property taxes -$ -$ -$ -$ 1,021,594$ -$ -$
<br /> Tax increments - - - - - - -
<br /> Special assessments - 45,529 - - 158,851 - -
<br /> Charges for services - - - - - - -
<br /> Investment earnings - - - 760 15,224 6,642 1,325
<br /> Net increase (decrease) in fair value of investments - - (6) (17) (19,282) (9,283) (1,940)
<br /> Refunds - - - - - - -
<br /> Miscellaneous - - - - - 186,751 674
<br /> Total revenue - 45,529 (6) 743 1,176,387 184,110 59
<br />Expenditures:
<br /> Current:
<br /> General government - - - - - 7,044 -
<br /> Public works - - - - - 216,146 -
<br /> Community development - - - - - - -
<br /> Capital outlay:
<br /> Public safety - - - - - 72 192,710
<br /> Debt service:
<br /> Principal 285,000 95,000 - - 1,869,000 - -
<br /> Interest and fiscal charges 134,757 22,225 - - 440,021 - -
<br /> Bond issuance costs - - 14,387 - 17,137 - -
<br /> Total expenditures 419,757 117,225 14,387 - 2,326,158 223,262 192,710
<br />Revenue over (under) expenditures (419,757) (71,696) (14,393) 743 (1,149,771) (39,152) (192,651)
<br />Other financing sources (uses):
<br /> Transfer in 416,026 - 78,438 - 913,788 - -
<br /> Transfer out - - - - - - -
<br /> Sale of property - - - - - - 16,727
<br /> Issuance of debt - - - 1,673 1,673 - 193,000
<br /> Payment on refunding bond - - - - (435,000) - -
<br /> Total other financing
<br /> sources (uses)416,026 - 78,438 1,673 480,461 - 209,727
<br />Net increase (decrease) in fund balance (3,731) (71,696) 64,045 2,416 (669,310) (39,152) 17,076
<br />Fund balance (deficit) -
<br /> Beginning of year 153,628 23,817 (282) - 3,030,215 2,197,384 88,294
<br />Fund balance (deficit) - December 31 149,897$ (47,879)$ 63,763$ 2,416$ 2,360,905$ 2,158,232$ 105,370$
<br />Debt Service (Continued)Capital Projects
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