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Page 32City of Mounds View, Minnesota
<br />Preliminary Quarterly Financial Report
<br />All Funds
<br />For the Quarter-Ended December 31, 2001
<br />(with comparative amounts for the year-ended December 31, 2000)
<br />Y-T-D 2001
<br />2001 Dec Percent 2000 2000
<br />Account#Account Title Budget 2001 Spent/Received Budget Actual
<br />-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
<br />TIF District # 1
<br />Revenues
<br />410-3101 Advalorem taxes-Current 1,413,066.00 1,711,141.51 121.09%1,189,494.00 1,412,319.15
<br />410-3102 Advalorem taxes-delinquent - (612.27) - - -
<br />410-3610 Interest revenue 81,000.00 - 0.00%79,482.00 66,991.52
<br />410-3615-300 Interest received on notes Dynex - 60.94 -- 308.73
<br />410-3615-301 Interest received on notes Mr. Donut - - -- 51.26
<br />410-3615-302 Interest received on notes Fina - 259.78 -- 330.71
<br />410-3911 Sale of assets 40,000.00 - 0.00%40,000.00 -
<br />410-3983-300 Principal repaid on notes Dynex 12,000.00 12,469.77 103.91%25,694.00 2,691.80
<br />410-3983-301 Principal repaid on notes Mr. Donut - - -- 5,213.23
<br />410-3983-302 Principal repaid on notes Fina 12,306.00 2,274.18 18.48%- 2,433.61
<br />Total Revenues:1,558,372.00 1,725,593.91 110.73%1,334,670.00 1,490,340.01
<br />Expenses
<br />410-4650-3030 Other professional services 12,160.00 191.38 1.57%10,000.00 293.79
<br />410-4650-3200 Water & sewer - 94.69 -- 93.48
<br />410-4650-8010 Debt, principal 996,255.00 1,029,371.89 103.32%904,442.00 933,008.91
<br />410-4650-8020 Debt, interest 214,471.00 258,737.43 120.64%276,339.00 287,343.45
<br />410-4650-8030 Paying agent fees 376,960.00 375.19 0.10%- 227.19
<br />410-4650-9900 Transfer out 468,650.00 - 0.00%110,000.00 2,327,079.59
<br />Total Expenses:2,068,496.00 1,288,770.58 62.30%1,300,781.00 3,548,046.41
<br />Excess of Revenues over(under) Expenditures:(510,124.00) 436,823.33 -33,889.00 (2,057,706.40)
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