2019 Comprehensive Annual Financial Report (CAFR)

Schedule 49 Page 1 of 2

Water Resources Fund Schedule of Revenues and Expenses Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2019

Variance Positive (Negative)

Final

Budget

Actual

Operating Revenues:

Charges for Current Services Other Operating Revenues

$ 117,542,628

$ 116,906,359

$

(636,269) 516,286 1,236,070 1,116,087

1,698,990

2,215,276 1,236,070

Other Operating Revenues - Capital Reserve Fund

Total Operating Revenues

119,241,618

120,357,705

Operating Expenses: Personal Services

17,088,549 7,327,222 8,659,792 43,000,695 2,614,992 78,691,250

16,913,522 7,033,414 7,015,833 34,953,285 1,108,680 67,024,734

175,027 293,808 1,643,959 8,047,410 1,506,312 11,666,516

Fringe Benefits

Maintenance and Repairs

Operations

Capital Outlay

Total Operating Expenses

Operating Income

40,550,368

53,332,971

12,782,603

Nonoperating Revenues: Investment Income

1,248,010

1,035,263 1,131,972 1,068,861 3,236,096

(212,747) 1,131,972 1,068,861 1,988,086

Investment Income - Capital Reserve Fund Net Increase (Decrease) in the Fair Value of Investments

Total Investment Income

1,248,010

Refunds and Recoveries

200,000 40,000 1,488,010

412,635

212,635 (30,752)

Miscellaneous Nonoperating Revenue

9,248

Total Nonoperating Revenues

3,657,979

2,169,969

Nonoperating Expenses: Principal Maturities

16,135,000 12,528,039

16,135,000 9,925,948

Interest Expense

2,602,091 527,897 3,129,988

Miscellaneous Nonoperating Expense

898,000

370,103

Total Nonoperating Expenses

29,561,039

26,431,051

Excess of Revenues Over Expenses Before Contributions and Other Financing Uses

12,477,339

30,559,899

18,082,560

Capital Contributions

762,218

762,218

Other Financing Uses: Transfers Out - Water Resources Extension Fund Project

(823,239)

(823,239)

Transfers Out - Capital Improvement Fund

(32,234,605) (33,057,844)

(32,234,605) (33,057,844)

Total Other Financing Uses

Excess of Revenues and Contributions Under Expenses and Other Financing Uses

(20,580,505)

(1,735,727)

18,844,778

Appropriated Fund Balance

20,580,505

(20,580,505)

Excess of Revenues and Contributions Under Expenses and Other Financing Uses

$

$ (1,735,727)

$

(1,735,727)

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