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07-08-1996 Council Packet
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07-08-1996 Council Packet
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Exhibit F-2 <br />CITY OF ORONO, MINNESOTA <br />Enterprise Funds <br />Combining Statement of Revenue, Expenses, and Changes in Retained Earnings (continued) <br />Year Ended December 31,1995 <br />(with Comparative Totals for Year Ended December 31, 1994) <br />Water Sew^ <br />Golf <br />Course Totals <br />Operating Operating Operating 1995 1994 <br />Nonoperating revenue (expense) <br />Property tax revenue <br />Interest earned on investments <br />Interest on special assessments <br />Interest income from MWCC <br />Amortization of deferred credits <br />Interest expense <br />Revenue bond expense <br />Gaia'(loss) on disposition of assets <br />40.586 <br />5,069 <br />1,178 <br />(58.666) <br />(205) <br />1,061 <br />43,208 <br />95,048 <br />7,354 <br />11,998 <br />9.530 <br />(57.296) <br />(200) <br />(10.225) <br />8.150 <br />83,794 <br />108.267 <br />8,532 <br />11 998 <br />9,530 <br />(115,962) <br />(405) <br />(9.164) <br />71,973 <br />97.434 <br />10,821 <br />12,866 <br />9,530 <br />(127,416) <br />(435) <br />(8.774) <br />Total nonoperating <br />revenue(expense)(10.977)99,417 8.150 96.59C 65.999 <br />Net income (loss)(30.717)(92.305) 39.914 (83,108)(10,898) <br />Credit for depreciation on contributed equit>*32.886 124.052 709 157,647 156,882 <br />Net increase in <br />retained earnings 2,169 31.747 40,623 74,539 145.984 <br />Retained earnings <br />Beginning of year 154.069 1.679.472 228.221 2.061.762 1,915.778 <br />End of year S 156,238 $ 1,711.219 S 268,844 $ 2,136.301 $ 2,061.762 <br />-81-
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