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06-02-14 Council Packet
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06-02-14 Council Packet
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10/14/2014 1:51:37 PM
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City Council
Council Document Type
Council Packet
Meeting Date
06/02/2014
Council Meeting Type
Work Session Regular
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<br />80 <br />CITY OF LINO LAKES, MINNESOTA Statement 15 <br />SPECIAL REVENUE FUND - PROGRAM RECREATION <br />SCHEDULE OF REVENUES, EXPENDITURES, <br />AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL <br />Year Ended December 31, 2013 <br />Variance with <br />Final Budget <br />Original Final Positive <br />Budget Budget Actual (Negative) <br />Revenue: <br />Charges for services: <br /> Recreation fees 198,125$ 198,125$ 165,975$ (32,150)$ <br /> Investment earnings - - 1,480 1,480 <br /> Change in market value - - (2,053) (2,053) <br /> Total revenue 198,125 198,125 165,402 (30,670) <br /> <br /> <br />Expenditures: <br /> Current: <br /> Personal services 71,180 71,180 52,218 18,962 <br /> Supplies 51,675 51,675 73,185 (21,510) <br /> Other services and charges 5,000 5,000 348 4,652 <br /> Contractual services 43,150 43,150 34,793 8,357 <br /> Capital outlay 8,000 8,000 - 8,000 <br /> Total expenditures 179,005 179,005 160,544 18,461 <br />Other financing sources (uses): <br />Transers out - - (10,000) 10,000 <br />Net increase (decrease) in fund balance 19,120$ 19,120$ (5,142) (12,209)$ <br />Fund balance - January 1 117,309 <br /> <br />Fund balance - December 31 112,167$ <br /> <br />2013 <br /> <br />
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