Laserfiche WebLink
City of Orono <br />Changes in Retained Earnings <br />Enterprise Funds <br />Water Fund <br />Actual Estimated Estimated <br />2019 2020 2021 <br />Operating Revenues <br />Actual 886,201$ 681,550$ 1,134,624$ <br />Budget 720,000 681,550 1,134,624 <br />Actual Revenues Over (Under) <br />Budgeted Revenues 166,201 - - <br />Operating Expenditures <br />Actual 857,544$ 933,250$ 988,600$ <br />Budget 929,710 933,250 988,600 <br />Actual Expenditures Over (Under) <br />Budgeted Expenditures (72,166) - - <br />Excess (Deficiency) of Operating Revenue <br />Over Operating Expenditures 28,657 (251,700) 146,024 <br />Non-Operating Revenues (Expenditures) <br />Leases, Connections, Specials, Interest 21,036 20,000 10,000 <br />Interest Expense - - - <br />Add back: Depreciation Expenditure 187,360 225,800 462,800 <br />Transfer Out: Debt Service (102,030) (100,430) (100,430) <br />Transfer Out: Casco Point System (55,000) (55,000) (55,000) <br />Excess (Deficiency) of Revenue <br />Over Expenditures 80,023 (161,330) 463,394 <br />Capital Outlays (423,400) (305,000) (233,855) <br />Cash Balance at December 31 230,213 (236,117) (6,578) <br /> <br /> Capital outlay items reduce cash, but are not expenditures. Depreciation expenditure is not cash basis. <br />City of Orono - 2021 Budget Page 58