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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 40,107$ 264,078$ 1,592$ 14,511$ 320,288$ 22,145$
<br />Accrued salaries payable 4,997 3,987 1,012 540 10,536 1,692
<br />Due to other governments 8,328 8,939 - - 17,267 -
<br />Accrued interest payable 7,513 - - - 7,513 -
<br />Deposits payable 7,000 - - - 7,000 -
<br />Compensated absences payable - current portion 8,079 7,199 25,724 - 41,002 -
<br />Bond premium - current portion 1,485 - - - 1,485
<br />Bonds payable - current portion 85,000 - - - 85,000 -
<br />Total Current Liabilities 162,509 284,203 28,328 15,051 490,091 23,837
<br />Noncurrent Liabilities
<br />Bond premium 9,646 - - - 9,646
<br />Bonds payable 640,000 - - - 640,000 -
<br />Compensated absences payable 2,410 1,043 786 - 4,239 -
<br />Net pension liability 110,810 96,229 34,174 27,965 269,178 -
<br />Other postemployment benefits payable 52,449 71,716 37,999 - 162,164 -
<br />Total Noncurrent Liabilities 815,315 168,988 72,959 27,965 1,085,227 -
<br />Total Liabilities 977,824 453,191 101,287 43,016 1,575,318 23,837
<br />Deferred Inflows of Resources
<br />Deferred pension resources 103,095 89,530 31,795 26,020 250,440 -
<br />Deferred other postemployment benefit resources 8,750 11,964 6,339 - 27,053 -
<br />Total Deferred Inflows of Resources 111,845 101,494 38,134 26,020 277,493 -
<br />Net Position
<br />Net investment in capital assets 4,253,048 12,581,684 2,385,423 184,632 19,404,787 -
<br />Unrestricted 743,645 3,023,984 1,933,887 43,793 5,745,309 859,448
<br />
<br />Total Net Position 4,996,693$ 15,605,668$ 4,319,310$ 228,425$ 25,150,096 859,448$
<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 112,193
<br />25,262,289$
<br />City of Orono, Minnesota
<br />Statement of Net Position (Continued)
<br />Proprietary Funds
<br />December 31, 2021
<br />Business-type Activities - Enterprise Funds
<br />The notes to the financial statements are an integral part of this statement.
<br />DRAFT
<br />47
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