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#03 - Audit Presentation
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#03 - Audit Presentation
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8/15/2025 10:18:59 AM
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CITY OF LAKE ELMO, MINNESOTA <br />COMBINING STATEMENT OF REVENUES, <br />EXPENDITURES, AND CHANGES IN FUND BALANCES <br />NONMAJOR SPECIAL REVENUE FUNDS <br />FOR THE YEAR ENDED DECEMBER 31, 2024 <br /> <br /> <br />93 <br /> Lions Park Sign <br />Program Fund <br /> Economic <br />Development <br />Authority Fund ARPA Fund <br /> Total Nonmajor <br />Special Revenue <br />Funds <br />REVENUES <br />Intergovernmental -$ -$ 53,489$ 53,489$ <br />Charges for Services 6,000 - - 6,000 <br />Investment Earnings (Losses)905 498 3,832 5,235 <br />TOTAL REVENUES 6,905 498 57,321 64,724 <br />OTHER FINANCING SOURCES (USES) <br />Transfers Out - - (67,910) (67,910) <br />NET CHANGE IN FUND BALANCES 6,905 498 (10,589) (3,186) <br />FUND BALANCES - BEGINNING 20,334 12,355 10,589 43,278 <br />FUND BALANCES - ENDING 27,239$ 12,853$ -$ 40,092$
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