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City of Orono, Minnesota
<br />Nonmajor Governmental Funds
<br />Combining Statement of Revenues, Expenditures
<br />and Changes in Fund Balances
<br />For the Year Ended December 31, 2022
<br />Total
<br />Nonmajor
<br />Special Debt Capital Governmental
<br />Revenue Service Projects Funds
<br />Revenues
<br />Taxes 187,356$ 580,643$ -$ 767,999$
<br />Special assessments 22,722 - 1,724 24,446
<br />Licenses and permits 7,417 - - 7,417
<br />Intergovernmental - 646,090 - 646,090
<br />Charges for services 26,173 - - 26,173
<br />Fines and forfeitures 14,502 - - 14,502
<br />Investment earnings (loss)(36,029) (63,693) (92,983) (192,705)
<br />Miscellaneous 100,122 - 3,033 103,155
<br />Total Revenues 322,263 1,163,040 (88,226) 1,397,077
<br />Expenditures
<br />Current
<br />Public safety 589 - - 589
<br />Parks and recreation 62,041 - - 62,041
<br />Community development 46,406 - - 46,406
<br />Capital outlay
<br />Public works - - 588,254 588,254
<br />Parks and recreation 62,880 - - 62,880
<br />Debt service
<br />Principal - 735,000 - 735,000
<br />Interest and other charges - 460,111 - 460,111
<br />Total Expenditures 171,916 1,195,111 588,254 1,955,281
<br />Excess (Deficiency) of Revenues
<br />Over (Under) Expenditures 150,347 (32,071) (676,480) (558,204)
<br />Other Financing Sources
<br />Transfers in - 142,500 255,000 397,500
<br />Net Change in Fund Balances 150,347 110,429 (421,480) (160,704)
<br />Fund Balances, January 1 445,086 789,073 2,938,363 4,172,522
<br />Fund Balances, December 31 595,433$ 899,502$ 2,516,883$ 4,011,818$
<br />97 143
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