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07-27-1998 Council Packet
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07-27-1998 Council Packet
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Exhibit C-5 <br />CITY OF ORONO, MINNESOTA <br />Building Capital Outlay Fund <br />Statement of Revenue, Expenditures, and Changes in Fund Balance <br />Budget and Actual (GAAP Basis) <br />Year Ended December 31, 1997 <br />(with Comparative Actual Amounts for Year Ended December 31,1996) <br />1997 1996 <br />Over -- <br />(Under) <br />Budget Actual Budget Actual <br />• <br />Revenue <br />Other <br />Interest earned on investments $ 140,000 $ 144,297 $ 4,297 S 141,823 <br />Miscellaneous ———3,042 <br />Total revenue 140,000 144,297 4,297 144,865 <br />Expenditures <br />Current ^ - <br />Miscellaneous —246 246 7,765 <br />Capital outlay <br />General government <br />General government buildings 16,095 15,375 (720)5,739 w- <br />Total expenditures 16,095 15,621 (474)13,504 <br />Excess of revenue <br />over expenditures 123,905 128,676 4,771 131,361 <br />Other financing uses ! <br />Operating transfeis (out)(130,000)(130,000)—(130,000) <br />Excess (deficiency) of revenue <br />over expenditures and other <br />financing uses $ (6.095)(1,324)$ 4.771 1,361 <br />Fund balance <br />Beginning of year 2,487,440 2,486,079 <br />End of year $ 2.486,116 S 2.487.440 <br />.61-
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