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06-09-14 Council Packet
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06-09-14 Council Packet
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1/14/2015 2:43:54 PM
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City Council
Council Document Type
Council Packet
Meeting Date
06/09/2014
Council Meeting Type
Regular
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CITY OF LINO LAKES, MINNESOTA <br />NOTE TO REQUIRED SUPPLEMENTARY INFORMATION <br />December 31, 2012 <br />Note 1 BUDGETS <br />The General Fund budget is legally adopted on a basis consistent with U.S. Generally Accepted Accounting Principles. <br />The legal level of budgetary control is at the department level. The following is a listing of expenditures that exceeded <br />budget appropriations. <br />Final <br />Budget <br />Actual <br />Actual in <br />Excess of <br />Budget <br />General Fund: <br />General government: <br />Engineering/planning $ 106,400 $ 108,700 $ (2,300) <br />Public works: <br />Fleet 353,269 386,341 (33,072) <br />Parks and recreation: <br />Recreation: 294,664 296,120 (1,456) <br />Conservation of natural resources: <br />Solid waste abatement 41,949 43,104 (1,155) <br />The excess expenditures were covered by more than anticipated revenues during 2013. <br />66 <br />
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