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1 <br />1 <br />1 283 <br />INTRODUCTION <br />As is customary at the beginning of each new year, I would like to <br />take this opportunity to present my State of the City address. The <br />purpose of this address is to inform the citizens of the community <br />on the City's activities in 1985, and preview some of the projects <br />and goals that the City will be working to achieve in 1986. <br />ELECTION <br />One of the events affecting Lino Lakes in 1985 was the election of <br />City officials in November. The outcome saw Harold Bisel elected to <br />the Council to replace incumbent Dick Kulaszewicz. I would like to <br />take this opportunity on behalf of the City to welcome Harold to the <br />Council. Also reelected to the Council were Mr. Vern Reinert for a <br />second term and myself for a third term. <br />FINANCES <br />1985 turned out to be one of the strongest financial years the City <br />of Lino Lakes has ever experienced. In 1985 we projected our surplus <br />to approach the $200,000 figure. We not only met but surpassed this <br />mark and finished the year with a surplus exceeding $350,000. The <br />importance of this feat is magnified by the projected reductions in <br />state and federal assistance to cities. By maintaining a healthy <br />surplus in the general fund the City will not be forced to cut essen- <br />tial services during periods of economic crisis and will be able <br />to meet emergencies or unanticipated expenditures without increased <br />taxes to the residents. <br />The City's adopted 1985 budget was $1,222,435. I am happy to report <br />that this City was able to accomplish many of its goals, maintain all <br />present services, upgrade many more and yet not increase taxes. If <br />you look around at other taxing districts, this has not been the case. <br />