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08-08-2022 Council Packet
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08-08-2022 Council Packet
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9/7/2022 3:49:47 PM
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City of Orono, Minnesota <br />Nonmajor Debt Service Funds <br />Subcombining Statement of Revenues, Expenditures <br />and Changes in Fund Balances <br />For the Year Ended December 31, 2021 <br />322 323 <br />2000 2016 <br />Improvement Refunding <br />Bonds Bonds Total <br />Revenues <br />Taxes 165,308$ 409,477$ 574,785$ <br />Investment earnings (1,690) (3,165) (4,855) <br />Total Revenues 163,618 406,312 569,930 <br />Expenditures <br />Debt service <br />Principal 230,000 495,000 725,000 <br />Interest and other charges 67,410 20,066 87,476 <br />Total Expenditures 297,410 515,066 812,476 <br />Excess (Deficiency) of Revenues <br />Over (Under) Expenditures (133,792) (108,754) (242,546) <br />Other Financing Sources <br />Transfers in 92,188 212,500 304,688 <br />Net Change in Fund Balances (41,604) 103,746 62,142 <br />Fund Balances, January 1 764,378 839,681 1,604,059 <br />Fund Balances, December 31 722,774$ 943,427$ 1,666,201$ <br />DRAFT <br />105
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