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City of Orono, Minnesota
<br />Internal Service Funds
<br />Combining Statement of Revenues, Expenses and Changes in Net Position
<br />For the Year Ended December 31, 2020
<br />703 705 701 710
<br />Insurance Compensated Fleet
<br />Fund Absences Management IT Services Total
<br />Operating Revenues
<br />Charges for services 414,185$ -$ 6,639$ -$ 420,824$
<br />Other 9,257 87,840 153,700 225,000 475,797
<br />Total Operating Revenues 423,442 87,840 160,339 225,000 896,621
<br />Operating Expenses
<br />Personnel services 209,494 - - 82,187 291,681
<br />Supplies - - - 26,852 26,852
<br />Professional services - - - 133,565 133,565
<br />Repairs and maintenance - - 135,685 22,362 158,047
<br />Insurance 248,330 - - - 248,330
<br />Total Operating Expenses 457,824 - 135,685 264,966 858,475
<br />Operating Income (Loss)(34,382) 87,840 24,654 (39,966) 38,146
<br />Nonoperating Revenues
<br />Investment earnings 2,922 12,571 572 - 16,065
<br />Change in Net Position (31,460) 100,411 25,226 (39,966) 54,211
<br />Net Position, January 1 247,563 629,465 18,419 (34,381) 861,066
<br />Net Position, December 31 216,103$ 729,876$ 43,645$ (74,347)$ 915,277$
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