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06-23-2025 Agenda Packet Cc - Regular Meeting
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06-23-2025 Agenda Packet Cc - Regular Meeting
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Last modified
10/6/2025 10:14:51 AM
Creation date
6/20/2025 10:42:15 AM
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Agenda Packet CC
Section
City Council
Subject
work session
Document Date
6/23/2025
Retention Effective Date
6/20/2025
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Significant changes from the prior year are noted below: <br /> <br />City of Orono s Changes in Net Position <br /> <br /> <br />The decrease in Program Revenues from the prior year relates to charges for services and operating grants and <br />contributions. Charges for services decreased due to decreased water usage. Operating grants and contributions <br />decreased due to public safety aid received in 2023. <br /> <br />The increase in General government expenses from prior year is due to an increased administrative expense. The <br />increase in public safety expenses from prior year is expenses is due to an increase in police and fire expenses. <br /> <br />The governmental net position increased by 10.25% from last year and the business-type net position decreased <br />by 1.52% from last year. <br /> <br />29 56
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