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City of Orono, Minnesota
<br />Statement of Activities
<br />For the Year Ended December 31, 2024
<br />Operating Capital
<br />Charges for Grants and Grants and
<br />Expenses Services Contributions Contributions
<br />Governmental Activities
<br />General government 2,082,988$ 1,010,081$ -$ -$
<br />Public safety 8,184,781 2,974,454 786,889 -
<br />Public works 2,579,666 1,149,424 488,090 5,600
<br />Parks and recreation 456,916 67,592 - 28,284
<br />Community development 4,559 - - -
<br />Interest on long-term debt 417,269 - - -
<br />Total Governmental Activities 13,726,179 5,201,551 1,274,979 33,884
<br />Business-type Activities
<br />Water 1,143,706 1,312,125 - -
<br />Sewer 2,062,389 2,467,152 - -
<br />Storm water 439,635 759,696 - 21,180
<br />Recycling 290,484 271,531 20,226 -
<br />Cable television 89,766 62,738 - -
<br />Golf course 413,302 364,157 20,225 -
<br />Total Business-type Activities 4,439,282 5,237,399 40,451 21,180
<br />Total 18,165,461$ 10,438,950$ 1,315,430$ 55,064$
<br />General Revenues
<br />Taxes
<br />Property taxes, levied for general purposes
<br />Property taxes, levied for debt service
<br />Tax increments
<br />Grants and contributions not restricted to specific programs
<br />Unrestricted investment earnings
<br />Transfers - Internal Activities
<br />Total General Revenues and Transfers
<br />Change in Net Position
<br />Net Position, January 1
<br />Net Position, December 31
<br />Functions/Programs
<br />Program Revenues
<br />The notes to the financial statements are an integral part of this statement.
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