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City of Orono, Minnesota
<br />Summary Financial Report
<br />Governmental Funds
<br />Revenues and Expenditures For General Operations
<br />For the Years Ended December 31, 2020 and 2019
<br />2020 2019
<br />Revenues
<br />Taxes 6,043,234$ 5,709,173$ 5.85 %
<br />Special assessments 35,881 22,783 57.49
<br />Licenses and permits 502,714 742,042 (32.25)
<br />Intergovernmental 1,439,511 966,874 48.88
<br />Charges for services 3,578,117 3,647,122 (1.89)
<br />Fines and forfeits 72,428 299,661 (75.83)
<br />Investment earnings 173,308 259,332 (33.17)
<br />Miscellaneous 141,544 73,649 92.19
<br />Total Revenues 11,986,737$ 11,720,636$ 2.27 %
<br />Per Capita 1,447$ 1,447$ 0.02 %
<br />Expenditures
<br />Current
<br />General government 1,732,325$ 1,271,893$ 36.20 %
<br />Public safety 5,599,888 5,446,200 2.82
<br />Public works 1,089,733 773,965 40.80
<br />Parks and recreation 570,346 480,870 18.61
<br />Community development 111,781 141,722 (21.13)
<br />Capital outlay
<br />Public safety 212,438 242,656 (12.45)
<br />Public works 1,547,322 1,887,532 (18.02)
<br />Parks and recreation 808,910 476,873 69.63
<br />Debt service
<br />Principal 925,000 890,000 3.93
<br />Interest and other charges 164,613 184,385 (10.72)
<br />Total Expenditures 12,762,356$ 11,796,096$ 8.19 %
<br />Per Capita 1,541$ 1,456$ 5.81
<br />Total Long-term Indebtedness 5,302,901$ 6,253,851$ (15.21) %
<br />Per Capita 640 772 (17.07)
<br />General Fund Balance - December 31 4,547,033$ 4,407,693$ 3.16 %
<br />Per Capita 549 544 0.89
<br />Total
<br />Percent
<br />Increase
<br />(Decrease)
<br />The purpose of this report is to provide a summary of financial information concerning the City of Orono to interested
<br />citizens. The complete financial statements may be examined at City Hall, 2750 Kelley Parkway, P.O. Box 66, Crystal
<br />Bay, Minnesota 55323. Questions about this report should be directed to the Finance Department at (952) 249-4600.
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