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City of Orono, Minnesota
<br />Internal Service Funds
<br />Combining Statement of Revenues, Expenses and Changes in Net Position
<br />For the Year Ended December 31, 2022
<br />703 705 701 710
<br />Insurance Compensated Fleet
<br />Fund Absences Management IT Services Total
<br />Operating Revenues
<br />Charges for services 391,852$ -$ 8,172$ -$ 400,024$
<br />Other 13,380 - 125,251 191,663 330,294
<br />Total Operating Revenues 405,232 - 133,423 191,663 730,318
<br />Operating Expenses
<br />Personnel services 260,135 - - 98,489 358,624
<br />Supplies - - - 13,470 13,470
<br />Professional services - - - 180,410 180,410
<br />Repairs and maintenance - - 268,220 20,701 288,921
<br />Insurance 217,306 - - - 217,306
<br />Total Operating Expenses 477,441 - 268,220 313,070 1,058,731
<br />Operating Income (Loss)(72,209) - (134,797) (121,407) (328,413)
<br />Nonoperating Revenues
<br />Investment earnings (loss)(8,975) (26,232) (67) (348) (35,622)
<br />Change in Net Position (81,184) (26,232) (134,864) (121,755) (364,035)
<br />Net Position, January 1 246,237 729,349 8,870 (125,008) 859,448
<br />Net Position, December 31 165,053$ 703,117$ (125,994)$ (246,763)$ 495,413$
<br />123 169
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