|
CITY OF ORONO
<br />STATEMENT OF REVENUES, EXPENDITURES, AND
<br />CHANGES IN FUND BALANCES
<br />GOVERNMENTAL FUNDS
<br />YEAR ENDED DECEMBER 31, 2015
<br />
<br />
<br />
<br />See accompanying Notes to Basic Financial Statements.
<br />(23)
<br />
<br /> Other
<br />General Governmental
<br />Fund Funds Totals
<br />REVENUE
<br />Property Taxes 4,004,168$ 835,554$ 4,839,722$
<br />Special Assessments - 70,349 70,349
<br />Licenses and Permits 535,543 310,800 846,343
<br />Intergovernmental Revenue 277,794 267,442 545,236
<br />Fines and Forfeitures 102,627 32,127 134,754
<br />Other Revenue:
<br />Investment Earnings 69,288 63,916 133,204
<br />User Fees 2,892,013 4,445 2,896,458
<br />Rents and Refunds 4,950 - 4,950
<br />Miscellaneous Revenue 50,496 9,421 59,917
<br />Total Revenue 7,936,879 1,594,054 9,530,933
<br />
<br />EXPENDITURES
<br />Current:
<br />General Government 1,224,264 60,800 1,285,064
<br />Public Safety 4,904,328 1,789 4,906,117
<br />Streets 496,239 - 496,239
<br />Parks and Recreation 268,831 - 268,831
<br />Capital Outlay - 2,114,343 2,114,343
<br />Debt Service:
<br />Principal Retirement - 1,010,000 1,010,000
<br />Interest and Fiscal Charges - 331,317 331,317
<br />Total Expenditures 6,893,662 3,518,249 10,411,911
<br />
<br />EXCESS (DEFICIENCY) OF REVENUE OVER
<br /> (UNDER) EXPENDITURES 1,043,217 (1,924,195) (880,978)
<br />
<br />OTHER FINANCE SOURCES (USES)
<br />Transfers In - 1,451,397 1,451,397
<br />Transfers Out (679,000) (452,188) (1,131,188)
<br />Proceeds from Sale of Capital Assets 17,610 - 17,610
<br />Total Other Finance Sources (Uses) (661,390) 999,209 337,819
<br />NET CHANGE IN FUND BALANCES 381,827 (924,986) (543,159)
<br />
<br />FUND BALANCES
<br />Beginning of Year 3,926,660 7,655,375 11,582,035
<br />End of Year 4,308,487$ 6,730,389$ 11,038,876$
|