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City of Elk River <br />Nonmajor Special Revenue Funds <br />Combining Statement of Revenues, Expenditures, and Changes in Fund Balances <br />Year Ended December 31, 2021 <br />Multipurpose <br />Revolving <br />Library <br />Facility <br />Landfill <br />Loan <br />Revenues <br />Property taxes <br />$ 71,299 <br />$ - <br />$ - <br />$ - <br />Intergovernmental <br />- <br />- <br />19,671 <br />- <br />Charges for services <br />- <br />1,039,302 <br />21,401 <br />500 <br />Fines and forfeitures <br />- <br />- <br />- <br />- <br />Other revenue <br />Investment income <br />3,805 <br />227 <br />(13,544) <br />(10,724) <br />Contributions and donations <br />- <br />- <br />- <br />- <br />Refunds and reimbursements <br />- <br />2,755 <br />- <br />- <br />Miscellaneous revenue <br />- <br />16,361 <br />- <br />8,269 <br />Total revenues <br />75,104 <br />1,058,645 <br />27,528 <br />(1,955) <br />Expenditures <br />Current <br />General government <br />- <br />- <br />- <br />- <br />Public safety <br />- <br />- <br />- <br />- <br />Public works <br />- <br />- <br />59,266 <br />- <br />Culture and recreation <br />89,769 <br />1,235,745 <br />- <br />- <br />Economic development <br />- <br />- <br />- <br />27,305 <br />Capital outlay <br />Culture and recreation <br />166,118 <br />76,330 <br />- <br />- <br />Total expenditures <br />255,887 <br />1,312,075 <br />59,266 <br />27,305 <br />Excess of revenues over <br />(under) expenditures <br />(180,783) <br />(253,430) <br />(31,738) <br />(29,260) <br />Other Financing Sources (Uses) <br />Transfers in <br />28,000 <br />- <br />- <br />- <br />Transfers out <br />- <br />- <br />- <br />- <br />Total other financing sources (uses) <br />28,000 <br />- <br />- <br />- <br />Net change in fund balances <br />(152,783) <br />(253,430) <br />(31,738) <br />(29,260) <br />Fund Balances <br />Beginning of year <br />384,664 <br />184,997 <br />1,035,647 <br />1,199,117 <br />End ofyear <br />$ 231,881 <br />$ (68,433) <br />$ 1,003,909 <br />$ 1,169,857 <br />124 <br />