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CITY OF LAKE ELMO, MINNESOTA
<br />SUPPLEMENTAL COMBINING SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE
<br />DEBT SERVICE FUND
<br />FOR THE YEAR ENDED DECEMBER 31, 2023
<br />
<br />
<br />100
<br />
<br />
<br />
<br />
<br /> 2010B GO CIP
<br />Bonds Fund
<br /> 2012B GO
<br />Improvement
<br />Bonds Fund
<br /> 2014A GO
<br />Improvement
<br />Bonds Fund
<br /> 2015A GO
<br />Improvement
<br />Bonds Fund
<br /> 2016A GO
<br />Improvement
<br />Bonds Fund
<br /> 2017A GO
<br />Improvement
<br />Bonds Fund
<br />REVENUES
<br />Property Taxes 206,656$ -$ 200,091$ -$ 193,409$ 342,660$
<br />Special Assessments - 16,693 39,212 57,869 73,055 61,531
<br />Investment Earnings (Losses)4,274 435 31,164 2,250 19,818 602
<br />TOTAL REVENUES 210,930 17,128 270,467 60,119 286,282 404,793
<br />EXPENDITURES
<br />Debt Service:
<br />Principal 180,000 95,000 225,000 170,000 275,000 455,000
<br />Interest and Other Charges 15,011 1,398 38,965 14,020 25,450 65,813
<br />TOTAL EXPENDITURES 195,011 96,398 263,965 184,020 300,450 520,813
<br />EXCESS (DEFICIENCY) OF REVENUES
<br />OVER (UNDER) EXPENDITURES 15,919 (79,270) 6,502 (123,901) (14,168) (116,020)
<br />OTHER FINANCING SOURCES (USES)
<br />Bond Issuance - - - - - -
<br />NET CHANGE IN FUND BALANCES 15,919 (79,270) 6,502 (123,901) (14,168) (116,020)
<br />FUND BALANCES - BEGINNING 201,309 56,090 969,591 129,682 689,638 189,257
<br />FUND BALANCES - ENDING 217,228$ (23,180)$ 976,093$ 5,781$ 675,470$ 73,237$
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