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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, 2014 <br />Revenue: <br />General property taxes <br />Tax increments <br />Licenses and permits <br />Intergovernmental <br />Special assessments <br />Charges for services <br />Fines and forfeits <br />Investment earnings <br />Net increase (decrease) in fair value of investments <br />Refunds <br />Miscellaneous <br />Total revenue <br />Expenditures: <br />Current: <br />General government <br />Public safety <br />Public works <br />Parks, recreation and forestry <br />Conservation of natural resources <br />Community development <br />Capital outlay: <br />General government <br />Public safety <br />Public works <br />Conservation of natural <br />Debt service: <br />Principal <br />Interest and fiscal charg( <br />Bond issuance costs <br />Total expenditures <br />Revenue over (under) expenditures <br />Other financing sources (uses): <br />Transfer in <br />Transfer out <br />Sale of property <br />Issuance of debt <br />Ttl th f ( ) <br />G.O. Improvement Municipal <br />Improvement Note State <br />407,681 - - <br />512,064 - - - <br />15,701 - 653,350 - <br />313,826 - - - <br />119,715 - - - <br />30,506 - 5 35,434 <br />17,503 - 253 21,189 <br />32,135 - - - <br />131,485 - - - <br />8,728,593 653,608 56,623 <br />1,683,185 - - <br />3,845,732 - - - <br />1,336,087 - - - <br />791,075 - - - <br />149,292 - - - <br />400,145 - - - <br />4,576 - - - <br />32,986 - - - <br />aA.. 9,867 - - - <br />1 <br />- 365,000 1,615,000 - <br />168,784 121,012 - <br />475,648 (533,784) (1,082,404) 56,623 <br />10,000 141,838 121,012 124,578 <br />(565,196) - - (854,778) <br />Net increase (decrease) in fund balance (79,548) (391,946) (961,392) (673,577) <br />Fund balance - beginning of year 5,386,083 (2,101,738) 996,291 4,595,797 <br />Fund balance - December 31 $ 5,306,535 $ (2,493,684) $ 34,899 $ 3,922,220 <br />The accompanying notes are an integral part of these basic financial statements. <br />28 <br />