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CITY OF ORONO, MINNESOTA
<br />Notes to Financial Statements (continued)
<br />December 31, 1996
<br />NOTE 10 - FUND TRANSFERS (CONTINUED)
<br />B. Residual Equity Transfers
<br />Funds _____
<br />Transferred From Transferred To Amount Description
<br />Capital Project Fund - Debt Service Fund - $ 136,993 To close 1992 Stubbs Bay
<br />1992 Stubbs Bay Sewer 1992 Improvement Bonds Sewer Construction Capital
<br />Construction Project Fund.
<br />Debt Service Fund - Debt Service Fund -
<br />1985 Improvement Bonds 1995 Refunding Bonds
<br />138,248 To close 1985 Improvement
<br />Bonds Debt Service Fund.
<br />$ 275,241
<br />NOTE 11 - SEGMENT INFORMATION FOR ENTERPRISE FUNDS
<br />The City provides services which are accounted for in the Enterprise Funds. The segment information for
<br />these Enterprise Funds for the year ended December 31, 1996 is as follows:
<br />Gross profit and
<br />operating revenue
<br />Depreciation expense
<br />Operating income (loss)
<br />Income (loss) before
<br />operating transfers
<br />Operating transfers in (out)
<br />Net income (loss)
<br />Property, plant, and
<br />equipment - additions
<br />Property, plant and
<br />equipment - deletions
<br />Net working capital
<br />Bonds payable
<br />Total assets
<br />Total equity
<br />Property tax revenues
<br />48-
<br />!
<br />ll
<br />II
<br />• I
<br />f ’
<br />Water
<br />Operating
<br />Sewer
<br />Operating
<br />Golf
<br />Course
<br />Operating Total
<br />$251,538 $621,235 $192,353 $1,065,126
<br />r
<br />$64,342 $184,730 $8,416 $257,488 r*
<br />$1,354 $(143,810)$47,695 $(94,761)1
<br />$77,514 $(50,281)$57,016 $84,249
<br />$70,000 $(70,000)$-$—
<br />$147,514 $(120,281)$57,016 $84,249
<br />$-$1,888,734 $20,905 $1,909,639
<br />r*
<br />$1,036 $2,168 $7,698 $10,902
<br />$265,383 $1,773,129 $239,979 $2,278,491
<br />$784,145 $765,855 $-$1,550,000
<br />$2,489,820 $8,119,551 $468,817 $11,078,188
<br />0-
<br />$1,668,668 $7,211,210 S 458,110 $9,337,988
<br />$90,175 $3,391 $-$93,566
<br />■'3
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