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City of Orono
<br />Changes in Fund Balance
<br />General Fund
<br />Actual Estimated Estimated
<br />2019 2020 2021
<br />Revenues
<br />Actual 9,247,029$ 9,143,200$ 9,260,500$
<br />Budget 8,193,400 9,143,200 9,260,500
<br />Actual Revenues Over (Under)
<br />Budgeted Revenues 1,053,629 - -
<br />Expenditures
<br />Actual 8,955,632$ 8,775,336$ 8,742,400$
<br />Budget 8,577,279 8,775,336 8,742,400
<br />Actual Expenditures Over (Under)
<br />Budgeted Expenditures 378,353 - -
<br />Other Financing Sources (Uses)
<br />Transfers Out: To Equipment Outlay Fund (255,000) (300,000) (300,000)
<br />Transfers Out: To Pavement Management - - -
<br />Transfers Out: To MSA - - -
<br />Transfers Out: To 2014 Debt Service (125,000) (100,000) (100,000)
<br />Transfers Out: To 2016 Debt Service - - -
<br />In: From - - -
<br />Capital Lease Proceeds - - -
<br />101-39680 Sale of Land and Equipment 41,105 32,137 15,000
<br />Excess (Deficiency) of Revenue
<br />Over Expenditures (47,498) 0 133,100
<br />Fund Balance - Beginning of Year 4,614,882 4,567,384 4,567,384
<br />Fund Balance - End of Year 4,567,384$ 4,567,384$ 4,700,484$
<br />Fund Balance Components
<br />Nonspendable - Prepaids 9,809 20,000 20,000
<br />Nonspendable - Inventory 2,410 5,000 5,000
<br />Unassigned 4,555,165 4,542,384 4,675,484
<br />Total Fund Balance 4,567,384$ 4,567,384$ 4,700,484$
<br />City of Orono - 2021 Budget Page 38
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