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1989 CAFR
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Annual Comprehensive Financial Report
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1989
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1989 CAFR
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CITY OF RAMSEY, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS (Continued) <br />December 31, 1989 <br />Note 3. INDIVIDUAL FUND DISCLOSURES <br />A Fund Deficits <br />The following funds have a deficit fund balance at December 31, 1989: <br />Special Revenue Funds - <br />Brush Chipping $ (1 1 4 ) <br />Debt Service Funds - <br />1985 Tax Increment Bonds (1 2 , 8 5 0 ) <br />19878 Tax Increment Bonds (4 0 , 2 8 9 ) <br />1987C Tax Increment Bonds (5 , 7 8 2 ) <br />Capital Project Funds - <br />Tax Increment Development District No. I I (7 , 2 4 8 ) <br />Sealcoating Revolving Fund (3 7 , 6 0 9 ) <br />Improvement Revolving Fund (2 9 5, 4 8 9) <br />Mississippi Drainage District (1 8 , 5 7 6 ) <br />Rum River Drainage District (5 , 6 5 8 ) <br />Park Improvement Revolving Fund (1 7 , 3 5 2 ) <br />The City intends to fund these deficits through future tax levies, special <br />assessment levies, tax increments, transfers from other funds, grants, and <br />various other sources. <br />/ The Flintwood Special Revenue Fund and the Landfill Abatement Special <br />Revenue Fund expenditures exceeded appropriations (budgeted expenditures) <br />\ by $8,380 and $7,898, respectively. <br />-?2- <br />
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