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City of Orono, Minnesota
<br />Nonmajor Governmental Funds
<br />Combining Balance Sheet
<br />December 31, 2024
<br />Total
<br />Nonmajor
<br />Special Debt Capital Governmental
<br />Revenue Service Projects Funds
<br />Assets
<br />Cash and temporary investments 1,743,158$ 503,978$ 3,316,061$ 5,563,197$
<br />Cash held with fiscal agent - - 225,259 225,259
<br />Receivables
<br />Accrued interest 5,261 2,680 10,701 18,642
<br />Taxes 1,885 7,165 13,905 22,955
<br />Special assessments 33,600 - - 33,600
<br />Due from other governments 2,518 10,973 17,550 31,041
<br />Due from other funds 520,000 - - 520,000
<br />Total Assets 2,306,422$ 524,796$ 3,583,476$ 6,414,694$
<br />Liabilities
<br />Accounts and contracts payable 3,706$ -$ 47,182$ 50,888$
<br />Due to other funds 520,000 - - 520,000
<br />Total Liabilities 523,706 - 47,182 570,888
<br />Deferred Inflows of Resources
<br />Unavailable revenues - delinquent taxes 1,885 7,165 13,905 22,955
<br />Unavailable revenues - special assessments 33,600 - - 33,600
<br />Total Deferred Inflows of Resources 35,485 7,165 13,905 56,555
<br />Fund Balances
<br />Restricted 1,565,849 508,186 - 2,074,035
<br />Committed 617,233 - - 617,233
<br />Assigned - - 3,584,518 3,584,518
<br />Unassigned (435,851) 9,445 (62,129) (488,535)
<br />Total Fund Balances 1,747,231 517,631 3,522,389 5,787,251
<br />Total Liabilities, Deferred Inflows of Resources
<br />and Fund Balances 2,306,422$ 524,796$ 3,583,476$ 6,414,694$
<br />96 123
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