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CITY OF LINO LAKES, MINNESOTA
<br />STATEMENT OF REVENUES, EXPENDITURES, AND
<br />CHANGES IN FUND BALANCE - GOVERNMENTAL FUNDS
<br />Year Ended December 31, 2013
<br />G.O. Improvement Municipal Area and Other Total
<br />Improvement Note State Unit Governmental Governmental
<br />Revenue: General Bonds 2005A 2009F Aid Charge Funds Funds
<br />General property taxes $ 7,187,801 $ - $ $ $ $ 1,021,594 $ 8,209,395
<br />Tax increments - 265,819 265,819
<br />Licenses and permits 431,654 - 431,654
<br />Intergovernmental 500,963 - - - 500,963
<br />Special assessments 20,616 290,500 1,037,820 486,434 295,149 2,130,519
<br />Charges for services 296,185 - - 244,481 176,634 717,300
<br />Fines and forfeits 119,079 - - - - 119,079
<br />Investment earnings 38,093 324 49,950 51,435 83,008 222,810
<br />Net increase (decrease) in fair value of investments (50,343) (14) (70,035) (43,232) (112,652) (276,276)
<br />Refunds 38,092 - - 17,238 55,330
<br />Miscellaneous 114,390 - 215,029 329,419
<br />Total revenue 8,696,530 290,500 1,038,130 (20,085) 739,118 1,961,819 12,706,012
<br />Expenditures:
<br />Current:
<br />General govemment 1,535,416 34,306 1,569,722
<br />Public safety 3,744,957 - - 3,744,957
<br />Public works 1,281,135 64,545 1,608,289 2,953,969
<br />Parks, recreation and forestry 842,253 - 160,544 1,002,797
<br />Conservation of natural resources 134,127 134,127
<br />Community development 409,487 9,046 418,533
<br />Capital outlay:
<br />General government 3,206 6,053 9,259
<br />Public safety 32,008 - 192,782 224,790
<br />Public works - - 51,200 - 51,200
<br />Conservation of natural resources 5,886 - 5,886
<br />Debt service:
<br />Principal 345,000 - - 1,869,000 2,214,000
<br />Interest and fiscal charges 186,713 132,558 454,901 774,172
<br />Bond issuance costs - - 17,137 17,137
<br />Total expenditures 7,988,475 531,713 132,558 115,745 4,352,058 13,120,549
<br />Revenue over (under) expenditures 708,055 (241,213) 905,572 (20,085) 623,373 (2,390,239) (414,537)
<br />Other financing sources (uses):
<br />Transfer in
<br />Transfer out
<br />Sale of property
<br />Issuance of debt
<br />Premium on bonds issued
<br />Payment on refunding bonds
<br />Total other financing sources (uses)
<br />Net increase (decrease) in fund balance
<br />Fund balance - beginning of year
<br />Fund balance - December 31
<br />10,000 142,736 90,228 - 1,479,577 1,722,541
<br />(565,789) - - (421,254) (426,038) (237,736) (1,650,817)
<br />-
<br />- 16,727 16,727
<br />808,000 808,000
<br />6,558 6,558
<br />(435,000) (435,000)
<br />(555,789) 142,736 90,228 (421,254) (426,038) 1,638,126 468,009
<br />152,266 (98,477) 995,800 (441,339) 197,335 (752,113) 53,472
<br />5.233,817 (2,003.261) 491 5,037,136 3,972,716 9,283,202 21,524,101
<br />$ 5,386,083 $ (2,101,738) $ 996,291 $ 4,595,797 $ 4,170,051 $ 8,531,089 $ 21,577,573
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