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61887.2
<br />CITY OF ORONO
<br />ANNUAL SUMMARY FINANCIAL REPORT
<br />YEAR ENDED DECEMBER 31, 1987
<br />The purpose of this report is to provide a summary of financial
<br />information concerning the City of Orono, Minnesota to interested
<br />citizens. The complete financial statements may be examined at
<br />the Orono City Office at 1335 Brown Road South, telephone 473-
<br />7358. Questions about this report should be directed to the
<br />finance office.
<br />The information presented is from the general purpose financial
<br />statements of the City for the year ended December 31, 1987 and
<br />1986. The right-hand column shows the percentage change in
<br />dollars between the two years.
<br />r Revenues and Expenditures for General Operations
<br />(Government Funds)
<br />Revenues
<br />Taxes
<br />Special Assessments
<br />Iitergovernmental Revenues
<br />Cnarges for Services
<br />Miscellaneous
<br />Total
<br />Expenditures
<br />General Government
<br />Public Safety
<br />Streets
<br />Parks and Recreation
<br />Miscellaneous
<br />Capital Outlay
<br />Debt Service
<br />Total
<br />Excess of Revenues Over (Under)
<br />Expenditures
<br />Operating Transfers In (out) - Net
<br />Residual Equity Transfer
<br />Fund Equity, Beginning of Year
<br />Fund Equity, End of Year
<br />Percent
<br />Total
<br />Total
<br />Increase
<br />1987
<br />1986
<br />(Decrease)
<br />$1,106,613
<br />$ 988,711
<br />12%
<br />378,567
<br />671,947
<br />(44)
<br />537,193
<br />648,739
<br />(17)
<br />594,424
<br />605,002
<br />(2)
<br />611,845
<br />578,535
<br />6_
<br />3,228,642
<br />3,492,934
<br />(8)
<br />542,670
<br />461,771
<br />18
<br />1,229,898
<br />1,148,353
<br />7
<br />386,718
<br />493,833
<br />(22)
<br />104,584
<br />48,052
<br />118
<br />68,909
<br />126,389
<br />(45)
<br />64,126
<br />363,295
<br />(82)
<br />662,184
<br />743,450
<br />(8)
<br />3,079,089
<br />3,385,143
<br />(!)
<br />149,553
<br />107,791
<br />31)
<br />--- 5,000 (100)
<br />153,904 --- ---
<br />_4,944,277 _4,831,486 2_
<br />$5,247,734 $4,944,277 68
<br />I
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