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I; ^ <br />‘ <br />It! <br />CITY OF ORONO, MINNESOTA <br />Notes to Financial Statements (continued) <br />December 31, 1996 <br />NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES (CONTINtJED) <br />The expenditure budget amendments in the General Fund were for the following purposes: <br />® Administration - The budget was increased to reflect the mid-year salary adjustment for the <br />city administrator. Funds for this adjustment were included in the Contingency. <br />® Assessing - The budget was increased to reflect an increase in the assessor’s contract for <br />services. <br />® Finance - The budget was increased to reflect a mid-year salary adjustment for both the <br />assistant finance director and the accountant/management analyst. <br />® Fire Protection - The budget was increased to reflect an increase in the fire protection <br />contract with the City of Wayzata. <br />" Engineering - The budget was increased for higher than anticipated engineering services <br />related to drainage issues. <br />® Special Services - consulting/police - The budget was increased for higher than anticipated <br />police special duty assignments and engineering services related to development activity. <br />® Contingency - The budget was increased to reflect the acquisition of a two acre parcel of land. <br />^ Operating Transfer Out - The budget was increased to provide additional funds needed in the <br />Capital Project Permanent Improvement Revolving Fund to fund storm water drainage projects and <br />to fund the storm water management plan. <br />Special Revenue Funds <br />Expenditures <br />Park Fund <br />Capital outlay <br />Improvement and Equipment Capital Outlay Fund <br />Capital outlay <br />Building Capital Outlay Fund <br />Miscellaneous <br />Capital outlay <br />The expenditure budget amendments in the Special Revenue Funds were for the following purposes: <br />® Park Fund - The budget was increased to provide for the Saga Hill land acquisition and costs <br />related to the acquisition of portable docks. <br />-33- <br />Adopted <br />Budget <br />Net <br />Budget <br />Amendment <br />Amended <br />Budget <br />$ 217,000 $ 51,540 $ 268,540 <br />67,380 44,260 111,640 <br />3,339 4,426 7,765 <br />1,961 6,124 8,085