Laserfiche WebLink
CITY OF ORONO, MINNESOTA <br />Debt Service Funds <br />Combining Statement of Revenue, Expenditures, and Changes in Fund Balance <br />Year Ended December 31, 1995 <br />(with Comparative Totals for Year Ended December 31, 1994) <br />1980 1982 1985/1995 <br />Improve­Improve­Improve­ <br />ment ment ment <br />Bonds Bonds Bonds <br />Revenue <br />Taxes <br />Property $ no $ 5,479 $ 42,894 <br />Penalties and interest ——97 <br />Special assessments 25,464 —20,418 <br />Intergovernmental <br />Homestead and agricultural credit aid ——7,055 <br />Other <br />Interest earned on investments 752 3,114 9,007 <br />Miscellaneous —225 1,700 <br />Total revenue 26,326 8,818 81,171 <br />Expenditures <br />Debt service <br />Principal retirement —15,000 60,000 <br />Interest on bonds —6,675 34,080 <br />Fiscal agent fees —210 1,686 <br />Miscellaneous —180 6,004 <br />Total expenditures —22,065 101,770 <br />Excess (deficiency) of <br />revenue over expenditures 26,326 (13,247)(20,599) <br />Other financing sources (uses) <br />Bond proceeds (net)-—357,899 <br />Payment to refund bond issue -—(360,000) <br />Operating transfers in —— <br />Total other financing sources (uses)——(2,101) <br />Excess (deficiency) of revenue and other <br />financing sources over expenditures and <br />other financing sources (uses)26,326 (13,247)(22,700) <br />Fund balance <br />Beginning of year 79,533 160,948 <br />Residual equity transfer (out)(26,326)—— <br />End of year $$ 66,286 $ 138,248 <br />I <br />I <br />I <br />1 <br />I <br />I <br />I <br />I <br />I <br />1 <br />I <br />-70- <br />j