|
CITY OF ORONO, MINNESOTA
<br />Combined Statement of Revenue, Expenditures, and Changes in Fund Balance
<br />Budget and Actual (GAAP Basis)
<br />General and Special Revenue Funds
<br />Year Ended December 31,1997
<br />Fund balance
<br />Beginning of year
<br />Residual equity transfer in
<br />Residual equity transfer (out)
<br />End of year
<br />See notes to financial statements
<br />General Fund
<br />Over
<br />(Under)
<br />Budget Actual Budget
<br />Revenue
<br />Property taxes S 1,680,980 $ 1,687,266 $ 6,286
<br />Special assessments —44 44
<br />Licenses and permits 195,000 248,075 53,075
<br />Intergovernmental 496,945 504,308 7,363
<br />Charges for services 950,590 1,048,514 97,924
<br />Fines and forfeits 64,400 83,396 18,996
<br />Other
<br />Interest earned on investments 63,950 77,438 13,488 • .
<br />Rents and refunds 31,400 67,404 36,004
<br />Miscellaneous 7,575 6,520 (1.055)
<br />Total revenue 3,490,840 3,722,965 232,125
<br />*h. .
<br />Expenditures
<br />Current
<br />General government 764,945 764,875 (70)
<br />Public safety 1,869,815 1,871,264 1,449
<br />Streets 469,020 469,012 (8)
<br />Parks and recreation 50,305 50,285 (20)
<br />Recycling 68,805 68,773 (32)
<br />Miscellaneous 97,655 97,590 (65)0^ '
<br />Capital outlay 66,320 64,749 (1.571)
<br />Total expenditures 3,386,865 3,386,548 (317)
<br />Excess (deficiency) of :
<br />revenue over expenditures 103,975 336,417 232,442 —
<br />Other financing sources (uses)—
<br />Sale of fixed assets —
<br />Operating transfers in ———
<br />•
<br />Operating transfers (out)(95,000)(95,000)—
<br />Total other financing sources (uses)(95,000)(95,000)-
<br />Excess (deficiency) of revenue
<br />and other financing sources over
<br />expenditures and other financing uses 1_ 8.975 241,417 $ 232.442
<br />1,551,086
<br />(8,347)
<br />S 1.784.156
<br />•22-
<br />:
|