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Governmental
<br />Activities -
<br />Internal
<br />Nonmajor
<br />Water Sewer Storm Water Business-type Total Service Funds
<br />Operating Revenues
<br />Charges for services 1,287,443$ 2,451,692$ 757,167$ 552,583$ 5,048,885$ 710,960$
<br />Other - - - 130,209 130,209 721,360
<br />Total Operating Revenues 1,287,443 2,451,692 757,167 682,792 5,179,094 1,432,320
<br />Operating Expenses
<br />Personnel services 282,638 286,233 173,401 247,940 990,212 414,137
<br />Supplies 54,994 15,102 14,062 34,463 118,621 45,541
<br />Professional services 105,416 102,990 50,344 305,485 564,235 303,420
<br />Other Services and Charges - - - 145,873 145,873 9,529
<br />Utilities 82,887 37,447 - - 120,334 -
<br />Repairs and maintenance 175,055 215,709 26,914 - 417,678 516,861
<br />Depreciation 222,500 367,615 66,631 23,252 679,998 -
<br />Administrative charges from the General fund 115,000 115,000 55,680 2,519 288,199 -
<br />Insurance 21,400 15,540 4,500 - 41,440 385,157
<br />Other 73,070 907,265 48,356 34,177 1,062,868 -
<br />Total Operating Expenses 1,132,960 2,062,901 439,888 793,709 4,429,458 1,674,645
<br />Operating Income (Loss) 154,483 388,791 317,279 (110,917) 749,636 (242,325)
<br />Nonoperating Revenues (Expenses)
<br />Investment earnings 9,418 73,862 69,896 3,995 157,171 37,638
<br />Intergovernmental - - - 20,226 20,226 -
<br />Miscellaneous revenues 24,682 15,460 2,529 35,859 78,530 -
<br />Interest and amortization expense (11,287) - - - (11,287) -
<br />Total Nonoperating
<br /> Revenues (Expenses) 22,813 89,322 72,425 60,080 244,640 37,638
<br />Income (Loss) Before
<br />Contributions and Transfers 177,296 478,113 389,704 (50,837) 994,276 (204,687)
<br />Contributions and Transfers
<br />Connection fees - - 21,180 - 21,180 -
<br />Transfers In - - - - - 260,000
<br />Transfers out (135,979) (792,360) (454,564) (20,000) (1,402,903) (45,000)
<br />Total Transfers and Contributions (135,979) (792,360) (433,384) (20,000) (1,381,723) 215,000
<br />Change in Net Position 41,317 (314,247) (43,680) (70,837) (387,447) 10,313
<br />Net Position - January 1 5,499,131 15,562,088 3,948,085 321,424 25,330,728 489,883
<br />Net Position, December 31 5,540,448$ 15,247,841$ 3,904,405$ 250,587$ 24,943,281$ 500,196$
<br />Change in net position as shown above (387,447)$
<br />1,463
<br />Change in net position - business-type activities (385,984)$
<br />Adjustment to reflect the consolidation of internal
<br />service fund activities to the enterprise funds.
<br />City of Orono, Minnesota
<br />Statement of Revenues, Expenses and Changes in Net Position
<br />Proprietary Funds
<br />For the Year Ended December 31, 2024
<br />Business-type Activities - Enterprise Funds
<br />The notes to the financial statements are an integral part of this statement.
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