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City of Orono, Minnesota
<br />Nonmajor Capital Projects Funds
<br />Subcombining Statement of Revenues, Expenditures
<br />and Changes in Fund Balances
<br />For the Year Ended December 31, 2024
<br />405 406 408 415
<br />Improvement Permanent Community
<br />Equipment Revolving Investment
<br />Outlay Improvement Construction Fire
<br />Revenues
<br />Taxes -$ -$ 198,377$ 272,449$
<br />Intergovernmental - - - -
<br />Investment earnings 30,477 45,621 16,316 54
<br />Miscellaneous - - - -
<br />Total Revenues 30,477 45,621 214,693 272,503
<br />Expenditures
<br />Capital outlay
<br />Public safety - - - 836,755
<br />Public works 459,569 - 351,581 -
<br />Debt service
<br />Principal - - - 71,177
<br />Interest and other - - - 24,444
<br />Total Expenditures 459,569 - 351,581 932,376
<br />Excess (Deficiency) of Revenues
<br />Over (Under) Expenditures (429,092) 45,621 (136,888) (659,873)
<br />Other Financing Sources (Uses)
<br />Transfers in 1,169,000 - 12,908 -
<br />Financed purchase issued - - - 225,259
<br />Transfers out (260,000) - - -
<br />Total Other Financing
<br /> Sources (Uses) 909,000 - 12,908 225,259
<br />Net Change in Fund Balances 479,908 45,621 (123,980) (434,614)
<br />Fund Balances, January 1, as previously stated 213,372 1,097,970 466,296 372,485
<br />Change within financial reporting entity (major to nonmajor) - - - -
<br />Fund Balances, January 1, as restated 213,372 1,097,970 466,296 372,485
<br />Fund Balances, December 31 693,280$ 1,143,591$ 342,316$ (62,129)$
<br />114 141
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