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City of Orono, Minnesota
<br />Notes to the Financial Statements
<br />December 31, 2019
<br />Note 3: Detailed Notes on All Funds (Continued)
<br />F. Components of Fund Balance
<br />Fund equity balances are classified below to reflect the limitations and restrictions of the respective funds.
<br />Pavement Municipal
<br />Management State Aid Other
<br />General Plan Street Governmental Total
<br />Nonspendable
<br />Prepaid items $ 115,663 $ - $ - $ - $ 115,663
<br />Inventory 3,494 - - - 3,494
<br />Total Nonspendable 119,157 - - - 119,157
<br />Restricted for
<br />Debt service - - - 2,140,543 2,140,543
<br />Parkland Acquisitions and Improvement - - - 293,800 293,800
<br />Drug and Alcohol Law Enforcement - - - 555,241 555,241
<br />Home Buyer Purchase Assistance - - - 137,506 137,506
<br />Lurton Park Development and Maintenance - - - 15,014 15,014
<br />Senior Housing - - - 91,378 91,378
<br />Golf Course Improvements - - - 277 277
<br />Big Island Improvements - - - 6,000 6,000
<br />Other Improvements - - - 10,249 10,249
<br />Total Restricted - - - 3,250,008 3,250,008
<br />Committed to
<br />Park maintnence - - - 16,741 16,741
<br />Assigned to
<br />Capital improvements - - - 2,721,806 2,721,806
<br />Unassigned 4,288,536 (488,179) (2,188,393) - 1,611,964
<br />Total 4,407,693$ (488,179)$ (2,188,393)$ 5,988,555$ 7,719,676$
<br />
<br /> - - - - - -
<br />Golf Course ImprovementsGolf Course Improvements - - - - - -
<br /> - - - - - -
<br /> - - - - - -
<br /> - - - - - - 3,250,008 3,250,008
<br /> - - - - - -
<br />76
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