VILLAGE OF LAKE ORION

Statement of Revenues, Expenditures and Changes in Fund Balance

Governmental Funds

For the Year Ended June 30, 2019

REVENUES General Public Works Police

Property Taxes $ 1,065,272 $ – $ 314,454

Intergovernmental:

Federal, State and Local 283,898 18,922

Charges for Services 197,978 139,219 90,690

Fines and Forfeitures 96,767

Special Assessments

Interest 8,532 611 3,046

Other 16,682 – – 3,787 11,4-78

TOTAL REVENUE 1,572,362 143,617 535,357

EXPENDITURES

Current:

General Government $ 487,520 $ – $ –

Public Safety 799,420

Public Works 209,111 453,657

Health and Welfare

Community Development 41,680

Recreation and Cultural 38,701

Other Functions 67,247 – –

Debt Service 8,906

Capital Outlay 32,772 8,800 65,216

TOTAL EXPENDITURES 877,031 462,457 873,542

Other Financing Sources (Uses)

Transfers In 199,863 377,000 385,000

Transfers Out (755,000) – –

Total Other Financing

　　Sources (Uses) (555,137) 377,000 385,000

Net Change in Fund Balance 140,194 58,160 46,815

Fund Balance-Beginning 479,777 48,026 80,789

Fund Balance- Ending $ 619,971 $ 106,186 $ 127,604

PUBLISH: Lake Orion Review, January 1, 2020

POSTED: December 27, 2019