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CITY OF ORONO, MINNESOTA
<br />Combined Statement of Revenue, Expenditures, and Changes in Fund Balance
<br />Budget and Actual (GAAP Basis)
<br />General and Special Revenue Funds
<br />Year Ended December 31,1998
<br />General Fund
<br />Budget Actual
<br />Over
<br />(Under)
<br />Budget
<br />Revenue
<br />Property taxes $ 1,750,000 $ 1,736,021 S (13,979)
<br />Licenses and permits 202,000 275,381 73,381
<br />Intergovernmental 497,800 502,857 5,057
<br />Charges for services 1,089,660 1,103,119 13,459
<br />Fines and forfeits 66,000 76,621 10,621
<br />Other
<br />Interest earned on investments 65,400 116,715 51,315
<br />Rents and refunds 35,400 46,591 11,191
<br />Miscellaneous 3,335 8,123 4,788
<br />Total revenue 3,709,595 3,865,428 155,833
<br />Expenditures
<br />Current
<br />General government 834,190 833,067 (U23)
<br />Public safety 1,941,520 1,930,157 (11.363)
<br />Streets 480,105 480,074 (31)
<br />Parks and recreation 53,865 53,792 (73)
<br />Recycling 70,850 70,840 (10)
<br />Miscellaneous 131,307 130,402 (905)
<br />Capital outlay 78,940 81,949 3,009
<br />Total expenditures 3,590,777 3,580,281 (10,496)
<br />Excess of revenue
<br />over expenditures 118,818 285,147 166,329
<br />Other financing sources (uses)
<br />Sale of fixed assets 21,500 15,332 (6,168)
<br />Operating transfers in ———
<br />Operating transfers (out)(128,338) (128,338)
<br />—
<br />Total other financing sources (uses)(106,838)(113,006)(6,168)
<br />Excess of revenue and
<br />other financing sources over
<br />expenditures and other financing uses S 11.980 172,141 S 160.161
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<br />Fund balance
<br />Beginning of year 1,784,156
<br />End of year $ 1.956.297
<br />See notes to financial statements
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