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City of Orono, Minnesota
<br />Statement of Revenues, Expenditures and Changes in Fund Balances -
<br />Budget and Actual
<br />General Fund
<br />For the Year Ended December 31, 2019
<br />Actual Variance with
<br />Original Final Amounts Final Budget
<br />Revenues
<br />Taxes 4,390,000$ 4,390,000$ 4,384,037$ (5,963)$
<br />Licenses and permits 496,750 496,750 703,192 206,442
<br />Intergovernmental 270,220 270,220 431,754 161,534
<br />Charges for services 3,219,900 3,219,900 3,476,423 256,523
<br />Fines and forfeitures 80,100 80,100 85,810 5,710
<br />Investment earnings 96,410 96,410 97,634 1,224
<br />Miscellaneous
<br />Rents and refunds 5,400 5,400 5,850 450
<br />Other 3,500 3,500 21,855 18,355
<br />Total Revenues 8,562,280 8,562,280 9,206,555 644,275
<br />Expenditures
<br />Current
<br />General government 1,370,000 1,370,000 1,271,893 98,107
<br />Public safety 5,433,180 5,433,180 5,442,382 (9,202)
<br />Public Works 758,930 758,930 773,965 (15,035)
<br />Parks and recreation 431,170 431,170 442,226 (11,056)
<br />Capital Outlay
<br />General government - - - -
<br />Public safety 184,000 184,000 242,656 (58,656)
<br />Public Works - - 72 (72)
<br />Total Expenditures 8,177,280 8,177,280 8,173,194 4,086
<br />Excess of Revenues
<br />Over Expenditures 385,000 385,000 1,033,361 648,361
<br />Other Financing Sources (Uses)
<br />Proceeds from sale of capital assets 15,000 15,000 41,105 26,105
<br />Transfers out (400,000) (400,000) (1,121,339) (721,339)
<br />Total Financing Sources (Uses) (385,000) (385,000) (1,080,234) (695,234)
<br />Net Change in Fund Balances - - (46,873) (46,873)
<br />Fund Balances, January 1 4,454,566 4,454,566 4,454,566 -
<br />Fund Balances, December 31 4,454,566$ 4,454,566$ 4,407,693$ (46,873)$
<br />Budgeted Amounts
<br />The notes to the financial statements are an integral part of this statement.
<br />1,370,000 1,370,000 1,271,893
<br />5,433,180 5,433,1805,433,180 5,442,3825,442,382
<br />758,930 758,930758,930 773,965773,965
<br />431,170431,170 431,170431,170 442,226442,226
<br />---
<br />184,000184,000 184,000184,000 242,656242,656
<br />---
<br />8,177,2808,177,280 8,177,2808,177,280 8,173,1948,173,194
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