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Municipal Project Other Total
<br />State Aid Construction Governmental Governmental
<br />General Street Fund Funds Funds
<br />Assets
<br />Cash and temporary investments 4,515,625$ 390,327$ 3,152,997$ 5,563,197$ 13,622,146$
<br />Cash with fiscal agent - - - 225,259 225,259
<br />Receivables
<br />Accrued interest 8,787 756 53,563 18,642 81,748
<br />Taxes 65,697 - 3,535 22,955 92,187
<br />Accounts 58,715 - - - 58,715
<br />Special assessments - - - 33,600 33,600
<br />Lease - - 658,394 - 658,394
<br />Due from other governments 108,898 951,617 4,459 31,041 1,096,015
<br />Due from other funds 1,504,286 - - 520,000 2,024,286
<br />Prepaid items 92,393 - - - 92,393
<br />Total Assets 6,354,401$ 1,342,700$ 3,872,948$ 6,414,694$ 17,984,743$
<br />Liabilities
<br />Accounts and contracts payable 98,425$ 7,606$ 3,805$ 50,888$ 160,724$
<br />Accrued salaries payable 183,861 - - - 183,861
<br />Due to other governments 24,998 - 408,543 - 433,541
<br />Due to other funds - 1,504,286 - 520,000 2,024,286
<br />Deposits payable 1,205,822 - - - 1,205,822
<br />Total Liabilities 1,513,106 1,511,892 412,348 570,888 4,008,234
<br />Deferred Inflows of Resources
<br />Deferred lease resources - - 625,696 - 625,696
<br />Unavailable revenues - delinquent taxes 65,697 - 3,535 22,955 92,187
<br />Unavailable revenues - special assessments - - - 33,600 33,600
<br />Unavailable revenues - intergovernmental - 951,617 - - 951,617
<br />Total Deferred Inflows of Resources 65,697 951,617 629,231 56,555 1,703,100
<br />Fund Balances
<br />Nonspendable 92,393 - 32,698 - 125,091
<br />Restricted - - 225,259 2,074,035 2,299,294
<br />Committed - - - 617,233 617,233
<br />Assigned - - 2,573,412 3,584,518 6,157,930
<br />Unassigned 4,683,205 (1,120,809) - (488,535) 3,073,861
<br />Total Fund Balances 4,775,598 (1,120,809) 2,831,369 5,787,251 12,273,409
<br />Total Liabilities, Deferred Inflows
<br />of Resources and Fund Balances 6,354,401$ 1,342,700$ 3,872,948$ 6,414,694$ 17,984,743$
<br />City of Orono, Minnesota
<br /> Balance Sheet
<br />Governmental Funds
<br />December 31, 2024
<br />The notes to the financial statements are an integral part of this statement.
<br />44 71
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