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06-09-1997 Council Packet
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06-09-1997 Council Packet
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w <br />Exhibit C-3 <br />CITY OF ORONO, MINNESOTA <br />ParicFund <br />Statement of Revenue, Expenditures, and Changes in Fund Balance <br />Budget and Actual (GAAP Basis) <br />Year Ended December 31,1996 <br />(with Comparative Actual Amounts for Year Ended December 31,1995) <br />-61- <br />I • <br />1996 1995 <br />Over <br />(Under) <br />Budget Actual Budget Actual <br />Revenue <br />Intergovernmental <br />State grant $$$$ 18,658 1• <br />Other <br />Interest earned on investments 17,500 16,369 (1.131)16,599 <br />Paric dedication fees 25,000 30,864 5,864 24,322 i__ <br />Total revenue 42,500 47,233 4,733 59,579 <br />Expenditures <br />Current <br />Miscellaneous ———649 <br />Capital outlay 268,540 119,639 (148,901)96,276 <br />Total expenditures 268,540 119,639 (148,901)96,925 <br />Excess (deficiency) of <br />revenue over expenditures $(226,040)(72,406)S 153.634 (37,346) <br />Fund balance <br />e* • <br />Beginning of year 267,352 304,698 <br />^ « <br />End of year $ 194.946 S 267.352 <br />r- ’ <br />4
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