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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 />Debt Service Funds <br />2014 GO/Water/Abatement Bonds <br />Actual Estimated Estimated <br />2019 2020 2021 <br />Revenues <br />Actual 181,527$ 285,651$ 309,938$ <br />Budget 574,638 285,651 309,938 <br />Actual Revenues Over (Under) <br />Budgeted Revenues (393,111) - - <br />Expenditures <br />Actual 287,319$ 429,225$ 392,625$ <br />Budget 614,325 429,225 392,625 <br />Actual Expenditures Over (Under) <br />Budgeted Expenditures (327,006) - - <br />Other Financing Sources (Uses) <br />Transfer in: Community Investment - - - <br />Transfer in: General Fund 125,000 100,000 100,000 <br />Transfer in: Water Fund - - - <br />Excess (Deficiency) of Revenue <br />Over Expenditures 19,208 (43,574) 17,313 <br />Fund Balance - Beginning of Year 760,175 779,384 735,810 <br />Fund Balance - End of Year 779,384 735,810 753,123 <br />Fund Balance Components <br />Assigned for Debt Service 779,384 735,810 753,123 <br />Total Fund Balance 779,384 735,810 753,123 <br />City of Orono - 2021 Budget Page 49
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