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Revenues <br />Property taxes <br />Special assessments <br />Licenses and permits <br />Intergovernmental revenues <br />Charges for services <br />Court fines <br />Other Revenue <br />Investment earnings <br />Net increase in the fair value <br />of investments <br />Rent <br />Miscellaneous <br />Total Revenues <br />Expenditures <br />Current: <br />General government <br />Public safety <br />Highways and streets <br />Community development <br />Parks <br />Unallocated <br />Capital outlay <br />Bond principal retirement <br />Interest on bonds <br />Fiscal charges and other <br />Total Expenditures <br />Excess (deficiency) of revenues <br />over (under) expenditures <br />Other Financing Sources (Uses) <br />Sale of capital assets <br />Transfers in <br />Transfers out <br />Total Other Financing Sources (Uses) <br />Net change in fund balances <br />FUND BALANCES, beginning <br />FUND BALANCES, ending <br />CITY OF HUGO, MINNESOTA <br />STATEMENT OF REVENUES, EXPENDITURES AND <br />CHANGES IN FUND BALANCES <br />GOVERNMENTAL FUNDS <br />For the Year Ended December 31, 2015 <br />3,343 2,261 3,051 <br />Debt Service <br />Capital Project <br />14,946 <br />7,490 <br />8,100 <br />Fund <br />Fund <br />37,523 22,980 <br />4,800 <br />171,300 <br />General <br />Property and <br />Other <br />394,570 <br />9,103,242 <br />Obligation <br />Public Equipment <br />Governmental <br />1,429,020 <br />General <br />Bonds <br />Improvements Acquisition <br />Funds <br />Total <br />$ 4,300,660 <br />$ 758,503 <br />$ 600,641 $ 105,555 <br />$ 203,956 <br />$ 5,969,315 <br />4,273,840 <br />173,382 <br />758,790 <br />932,172 <br />297,071 <br />297,071 <br />186,039 <br />488,859 <br />639,946 259 <br />303 <br />1,315,406 <br />207,890 <br />207,890 <br />41,554 <br />41,554 <br />14,015 <br />10,566 <br />12,792 18,249 <br />8,123 <br />63,745 <br />3,343 2,261 3,051 <br />4,353 <br />1,938 <br />14,946 <br />7,490 <br />8,100 <br />8,950 <br />24,540 <br />37,523 22,980 <br />4,800 <br />171,300 <br />236,603 <br />5,095,585 1,433,571 2,038,200 <br />141,316 <br />394,570 <br />9,103,242 <br />979,788 <br />979,788 <br />1,571,184 <br />1,571,184 <br />1,204,844 <br />1,204,844 <br />43,498 <br />43,498 <br />337,316 <br />337,316 <br />137,210 <br />137,210 <br />1,429,020 <br />509,960 72,131 2,011,111 <br />7,070,000 <br />7,070,000 <br />272,283 <br />272,283 <br />11,975 <br />11,975 <br />4,273,840 <br />7,354,258 1,429,020 <br />509,960 72,131 13,639,209 <br />821,745 (5,920,687) 609,180 (368,644) 322,439 (4,535,967) <br />1,655 1,655 <br />217,264 26,944 672,424 43,056 959,688 <br />(715,480) (26,944) (109,425) (851,849) <br />(715,480) 190,320 26,944 674,079 (66,369) 109,494 <br />106,265 (5,730,367) 636,124 305,435 256,070 (4,426,473) <br />2,316,449 8,830,050 2,933,312 4,183,256 1,999,544 20,262,611 <br />$ 2,422,714 $ 3,099,683 $ 3,569,436 $ 4,488,691 $ 2,255,614 $ 15,836,138 <br />See Notes to Financial Statements <br />C <br />