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06-09-1997 Council Packet
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06-09-1997 Council Packet
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. i- <br />J'V- <br />CITY OF ORONO, MINNESOTA <br />Notes to Financial Statements (continued) <br />December 31, 1996 <br />NOTE 10 - FUND TRANSFERS <br />The following transfers were made during the year ended December 31,1996: <br />A. Operating Transfers <br />Funds <br />«Transferred From Transferred To Amount Description <br />General Fund Special Revenue Fund -$ 97,500 To fmance capital outlay <br />Improvement and expenditures. <br />Equipment Capital Outlay <br />, - i <br />General Fund Capital Project Fund -100,000 To finance capital outlay <br />j <br />^ i Permanent Improvement expenditures. <br />Revolving <br />Special Revenue Fund -Debt Service Fund -130,000 To finance current debt <br />Building Capital Outlay 1991 Public Facilities service payments. <br />Revenue Bonds <br />--Sewer Operating Water Operating 70,000 To finance current debt <br />service payments of the <br />1 1995 Refunding Bonds. <br />Capital Project Fund -General Fund 32,100 To reimburse general <br />1^2 Stubbs Bay Sewer administrative charges. <br />Construction <br />;Capital Project Fund <-Capital Project Fund -25,100 To reimburse preliminary <br />1S?92 Stubbs Bay Sewer Permanent Improvement project costs for legal. <br />Construction Revolving engineering, and city <br />staff labor. <br />$ 454,700 <br />-47- <br />I <br />iiintilliiiiii] mlii itrt
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