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Governmental
<br />Activities -
<br />Internal
<br />Water Sewer Storm Water Other Business-type Total Service Funds
<br />Liabilities
<br />Current Liabilities
<br />Accounts and contracts payable 46,206$ 181,761$ 11,691$ -$ 239,658$ 12,458$
<br />Accrued salaries payable 3,596 3,184 1,641 390 8,811 1,212
<br />Due to other governments 8,704 8,867 - - 17,571 -
<br />Accrued interest payable 8,180 - - - 8,180 -
<br />Deposits payable 7,000 - - - 7,000 -
<br />Compensated absences payable - current portion 36,464 15,892 12,582 - 64,938 -
<br />Bond premium - current portion 1,485 - - - 1,485
<br />Bonds payable - current portion 80,000 - - - 80,000 -
<br />Total Current Liabilities 191,635 209,704 25,914 390 427,643 13,670
<br />Noncurrent Liabilities
<br />Bond premium 11,131 - - - 11,131
<br />Bonds payable 725,000 - - - 725,000 -
<br />Compensated absences payable 2,430 1,059 838 - 4,327 -
<br />Net pension liability 176,155 175,552 84,692 40,775 477,174 -
<br />Other postemployment benefits payable 33,858 49,743 27,170 - 110,771 -
<br />Total Noncurrent Liabilities 948,574 226,354 112,700 40,775 1,328,403 -
<br />Total Liabilities 1,140,209 436,058 138,614 41,165 1,756,046 13,670
<br />Deferred Inflows of Resources
<br />Deferred pension resources 7,804 7,777 3,752 1,806 21,139 -
<br />Deferred other postemployment benefit resources 7,484 10,995 6,006 - 24,485 -
<br />Total Deferred Inflows of Resources 15,288 18,772 9,758 1,806 45,624 -
<br />Net Position
<br />Net investment in capital assets 4,190,635 12,092,889 2,425,923 201,027 18,910,474 -
<br />Unrestricted 361,078 2,839,553 1,387,820 49,584 4,638,035 915,277
<br />Total Net Position 4,551,713$ 14,932,442$ 3,813,743$ 250,611$ 23,548,509 915,277$
<br />Some amounts reported for business-type activities in the statement of net position are different
<br />because certain internal service fund assets and liabilities are included with business-type activities 136,960
<br />23,685,469$
<br />City of Orono, Minnesota
<br />Statement of Net Position (Continued)
<br />Proprietary Funds
<br />December 31, 2020
<br />Business-type Activities - Enterprise Funds
<br />The notes to the financial statements are an integral part of this statement.
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