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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 Retained Earnings <br />Enterprise Funds <br />Recycling <br />Actual Estimated Estimated <br />2019 2020 2021 <br />Operating Revenues <br />Actual 132,702$ 205,632$ 230,632$ <br />Budget 110,290 205,632 230,632 <br />Actual Revenues Over (Under) <br />Budgeted Revenues 22,412 - - <br />Operating Expenditures <br />Actual 173,737$ 216,700$ 231,850$ <br />Budget 134,530 216,700 231,850 <br />Actual Expenditures Over (Under) <br />Budgeted Expenditures 39,207 - - <br />Excess (Deficiency) of Operating Revenue <br />Over Operating Expenditures (41,036) (11,068) (1,218) <br />Non-Operating Revenues (Expenditures) <br />Grants 21,058 29,500 25,000 <br />Other Non-Operating - - - <br />Excess (Deficiency) of Revenue <br />Over Expenditures (19,978) 18,432 23,782 <br />Capital Outlay - - - <br />Cash Balance at December 31 52,518 70,950 94,732 <br /> Capital outlay items reduce cash, but are not expenditures. <br />City of Orono - 2021 Budget Page 61
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