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City of Orono, Minnesota <br />Nonmajor Governmental Funds <br />Combining Statement of Revenues, Expenditures <br />and Changes in Fund Balances <br />For the Year Ended December 31, 2021 <br />Total <br />Nonmajor <br />Special Debt Capital Governmental <br />Revenue Service Projects Funds <br />Revenues <br />Taxes 145,895$ 574,785$ -$ 720,680$ <br />Special assessments 33,933 - 1,826 35,759 <br />Licenses and permits 170,200 - - 170,200 <br />Intergovernmental 150,000 - 230,076 380,076 <br />Charges for services 25,095 - - 25,095 <br />Fines and forfeitures 157,471 - - 157,471 <br />Investment earnings 18,750 (4,855) (7,193) 6,702 <br />Miscellaneous 6,138 - 4,400 10,538 <br />Total Revenues 707,482 569,930 229,109 1,506,521 <br />Expenditures <br />Current <br />Public safety 715 - - 715 <br />Parks and recreation 53,011 - - 53,011 <br />Community development 59,265 - - 59,265 <br />Capital outlay <br />Public works - - 340,897 340,897 <br />Parks and recreation 531,906 - - 531,906 <br />Debt service <br />Principal - 725,000 - 725,000 <br />Interest and other charges - 87,476 - 87,476 <br />Total Expenditures 644,897 812,476 340,897 1,798,270 <br />Excess (Deficiency) of Revenues <br />Over (Under) Expenditures 62,585 (242,546) (111,788) (291,749) <br />Other Financing Sources <br />Transfers in - 304,688 276,562 581,250 <br />Net Change in Fund Balances 62,585 62,142 164,774 289,501 <br />Fund Balances, January 1 380,101 1,604,059 2,773,589 4,757,749 <br />Fund Balances, December 31 442,686$ 1,666,201$ 2,938,363$ 5,047,250$ <br />DRAFT <br />95