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City of Orono, Minnesota
<br />Nonmajor Governmental Funds
<br />Combining Balance Sheet
<br />December 31, 2020
<br />Total
<br />Nonmajor
<br />Special Debt Capital Governmental
<br />Revenue Service Projects Funds
<br />Assets
<br />Cash and temporary investments 592,108$ 2,186,088$ 2,510,076$ 5,288,272$
<br />Receivables
<br />Accrued interest 2,387 4,169 6,099 12,655
<br />Taxes - 23,121 16,406 39,527
<br />Special assessments 33,600 - 3,233 36,833
<br />Due from other governments 150,317 11,081 6,497 167,895
<br />Total Assets 778,412$ 2,224,459$ 2,542,311$ 5,545,182$
<br />Liabilities
<br />Accounts and contracts payable 214,711$ 3,075$ 410,287$ 628,073$
<br />Due to other funds - - 139,504 139,504
<br />Unearned revenue - - 22,112 22,112
<br />Total Liabilities 214,711 3,075 571,903 789,689
<br />Deferred Inflows of Resources
<br />Unavailable revenues - delinquent taxes - 23,121 16,406 39,527
<br />Unavailable revenues - special assessments 33,600 - 3,233 36,833
<br />Unavailable revenues - Intergovernmental 150,000 - -150,000
<br />Total Deferred Inflows of Resources 183,600 23,121 19,639 226,360
<br />Fund Balances
<br />Restricted 710,167 2,198,263 - 2,908,430
<br />Committed 36,329 - - 36,329
<br />Assigned - - 2,773,589 2,773,589
<br />Unassigned (366,395) - (822,820) (1,189,215)
<br />Total Fund Balances 380,101 2,198,263 1,950,769 4,529,133
<br />Total Liabilities, Deferred Inflows
<br />of Resources and Fund Balances 778,412$ 2,224,459$ 2,542,311$ 5,545,182$
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