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City of Orono, Minnesota
<br />Statement of Revenues, Expenditures and Changes in Fund Balances
<br />Governmental Funds
<br />For the Year Ended December 31, 2023
<br />Municipal Pavement
<br />State Aid Management
<br />General Street Plan
<br />Revenues
<br />Taxes 5,613,956$ -$ 1,000,000$
<br />Special assessments - - -
<br />Licenses and permits 801,514 - -
<br />Intergovernmental 686,742 158,642 88,172
<br />Charges for services 3,872,716 - 243,137
<br />Fines and forfeitures 57,761 - -
<br />Investment earnings 182,787 7,722 1,161
<br />Miscellaneous 105,346 - -
<br />Total Revenues 11,320,822 166,364 1,332,470
<br />Expenditures
<br />Current
<br />General government 1,700,101 - -
<br />Public safety 7,082,379 - -
<br />Public works 1,420,306 - -
<br />Parks and recreation 444,116 - -
<br />Community development - - -
<br />Capital outlay
<br />Public safety 179,339 -
<br />Public works - 153 461,822
<br />Parks and recreation - - -
<br />Debt service
<br />Principal - - -
<br />Interest and other charges - - -
<br />Total Expenditures 10,826,241 153 461,822
<br />Excess (Deficiency) of Revenues
<br />Over (Under) Expenditures 494,581 166,211 870,648
<br />Other Financing Sources (Uses)
<br />Transfers in 49,847 - 1,000,000
<br />Transfers out (1,580,000) - (303,672)
<br />Financed purchase issued - - -
<br />Total Other Financing Sources (Uses) (1,530,153) - 696,328
<br />Net Change in Fund Balances (1,035,572) 166,211 1,566,976
<br />Fund Balances, January 1 5,253,315 (1,507,050) (1,117,246)
<br />Fund Balances, December 31 4,217,743$ (1,340,839)$ 449,730$
<br />The notes to the financial statements are an integral part of this statement.
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<br />General governmentGeneral government 1,700,1011,700,101
<br />Public safetyPublic safety 7,082,3797,082,379 --
<br />Public worksPublic works 1,420,3061,420,306 --
<br />Parks and recreationParks and recreation 444,116444,116 --
<br />Community developmentCommunity development -- --
<br />Capital outlayCapital outlay
<br />Public safetyPublic safety 179,339179,339 --
<br />Public worksPublic works - 153153
<br />Parks and recreationParks and recreation ---
<br />79
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