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12-07-2020 Council Packet
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12-07-2020 Council Packet
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12/8/2020 10:09:30 AM
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City of Orono <br />Changes in Fund Balance <br />Special Revenue Funds <br />Park Fund <br />Actual Estimated Estimated <br />2019 2020 2021 <br />Revenues <br />Actual 98,992$ 147,440$ 10,500$ <br />Budget - - 10,500 <br />Actual Revenues Over (Under) <br />Budgeted Revenues 98,992 147,440 - <br />Expenditures <br />Actual 500,736$ 287,474$ -$ <br />Budget - - - <br />Actual Expenditures Over (Under) <br />Budgeted Expenditures 500,736 287,474 - <br />Transfers In (Out) <br />From Community Investment Fund - - - <br />Excess (Deficiency) of Revenue <br />Over Expenditures (401,744) (140,034) 10,500 <br />Fund Balance - Beginning of Year 695,544 293,800 153,766 <br />Capital Outlay (469,300) <br />Fund Balance - End of Year 293,800 153,766 (305,034) <br />Fund Balance Components <br />Restricted for Land Acquisition <br /> and Park Development 293,800 153,766 (305,034) <br />Total Fund Balance 293,800 153,766 (305,034) <br />City of Orono - 2021 Budget Page 39
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