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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 />Capital Projects (Continued)
<br />Office
<br />Tax Increment Tax Increment Equipment Legacy Woods
<br />Financing Financing Dedicated I35E Revolving Edge
<br />1-10 1-11 Parks Interchange Fund Improvement
<br />Revenue:
<br />General property taxes $ - $ - $ - $ - $ - $ -
<br />Tax increments 142,736 85,829
<br />Special assessments - -
<br />Charges for services - - - -
<br />Investment earnings 2,461 - 32 2,437 2,658 5,302
<br />Net increase (decrease) in fair value of investments (3,527) (43) (3,430) (3,716) (7,409)
<br />Refunds - - - - -
<br />Miscellaneous - - 16,204 - -
<br />Total revenue 141,670 85,829 16,193 (993) (1,058) (2,107)
<br />Expenditures:
<br />Current:
<br />General government: - -
<br />Public works - - 71,428 25,044
<br />Parks, recreation and forestry - - - -
<br />Community development 1,014 7,432
<br />Capital outlay:
<br />General government - - - 6,053 -
<br />Public safety
<br />Debt service:
<br />Principal
<br />Interest and fiscal charges - - 14,880 - -
<br />Bond issuance costs -
<br />Total expenditures 1,014 7,432 14,880 71,428 6,053 25,044
<br />Revenue over (under) expenditures 140,656 78,397 1,313 (72,421) (7,111) (27,151)
<br />Other financing sources (uses):
<br />Transfer in - - 50,000 - 25,000 -
<br />Transfer out (142,736) (85,000) - -
<br />Sale of property - - - - -
<br />Issuance of debt - -
<br />Premium on bonds issued - - - -
<br />Payment on refunding bond -
<br />Total other financing
<br />sources (uses) (142,736) (85,000) 50,000 - 25,000 -
<br />Net increase (decrease) in fund balance (2,080) (6,603) 51,313 (72,421) 17,889 (27,151)
<br />Fund balance (deficit) -
<br />Beginning of year 189,274 (763,593) (495,592) 274,525 251,689 554,416
<br />Fund balance (deficit) - December 31 $ 187,194 $ (770,196) $ (444,279) $ 202,104 $ 269,578 $ 527,265
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