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City of Orono, Minnesota
<br /> Balance Sheet
<br />Governmental Funds
<br />December 31, 2019
<br />Pavement Municipal Other Total
<br />Management State Aid Governmental Governmental
<br />General Plan Street Funds Funds
<br />Assets
<br />Cash and temporary investments 3,179,534$ (241,569)$ 426,078$ 6,036,907$ 9,400,950$
<br />Receivables
<br />Accrued interest 5,633 - - 14,722 20,355
<br />Taxes 43,245 9,055 - 17,676 69,976
<br />Accounts 15,918 - - - 15,918
<br />Special assessments - - - 38,450 38,450
<br />Due from other governments 77,341 5,154 698,016 9,675 790,186
<br />Due from other funds 2,675,998 - - - 2,675,998
<br />Prepaid items 115,663 - - - 115,663
<br />Inventory 3,494 - - - 3,494
<br />Total Assets 6,116,826$ (227,360)$ 1,124,094$ 6,117,430$ 13,130,990$
<br />Liabilities
<br />Accounts and contracts payable 66,746$ 71,865$ 77,977$ 72,749$ 289,337$
<br />Accrued salaries payable 202,868 - - - 202,868
<br />Due to other governments 12,838 - - - 12,838
<br />Due to other funds - 139,504 2,536,494 - 2,675,998
<br />Deposits payable 1,383,436 - - - 1,383,436
<br />Unearned revenue - 40,395 - - 40,395
<br />Total Liabilities 1,665,888 251,764 2,614,471 72,749 4,604,872
<br />Deferred Inflows of Resources
<br />Unavailable revenues - delinquent taxes 43,245 9,055 - 17,676 69,976
<br />Unavailable revenues - special assessments - - - 38,450 38,450
<br />Unavailable revenues - intergovernmental - - 698,016 - 698,016
<br />Total Deferred Inflows of Resources 43,245 9,055 698,016 56,126 806,442
<br />Fund Balances
<br />Nonspendable 119,157 - - - 119,157
<br />Restricted - - - 3,250,008 3,250,008
<br />Committed - - - 16,741 16,741
<br />Assigned - - - 2,721,806 2,721,806
<br />Unassigned 4,288,536 (488,179) (2,188,393) - 1,611,964
<br />Total Fund Balances 4,407,693 (488,179) (2,188,393) 5,988,555 7,719,676
<br />Total Liabilities, Deferred Inflows
<br />of Resources and Fund Balances 6,116,826$ (227,360)$ 1,124,094$ 6,117,430$ 13,130,990$
<br />Capital Projects
<br />The notes to the financial statements are an integral part of this statement.
<br />202,868 ---
<br />12,838 --
<br />-139,504139,504 2,536,4942,536,494
<br />1,383,4361,383,436 ----
<br />-40,395 -
<br />1,665,8881,665,888 251,764251,764 2,614,4712,614,471 72,749
<br />Deferred Inflows of ResourcesDeferred Inflows of Resources
<br />Unavailable revenues - delinquent taxesUnavailable revenues - delinquent taxes 43,24543,245 9,0559,055 -
<br />Unavailable revenues - special assessmentsUnavailable revenues - special assessments ---38,45038,450
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