2019 Comprehensive Annual Financial Report (CAFR)

Schedule 63 Page 2 of 2

Greensboro Transit Advisory Commission Schedule of Revenues and Expenses - Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2019

Reconciliation of Modified Accrual Basis to Full Accrual Basis:

Total Revenues Total Expenses

$ 20,174,868 23,408,752

Excess of Revenues Under Expenses Before Other Financing Uses Adjustment to Full Accrual Basis: Depreciation Capital Outlay

(3,233,884)

(2,311,091) 5,000 (5,421) (203,850) (636,530) (6,039) 38,840 (46,892) (29,716) 22,824 7,746,948

Compensated Absences Inventory Gain (Loss) Principal - Notes and Mortgages Gain (Loss) on Disposal of Capital Assets Deferred Outflows of Resources for Contributions Made to Pension Plan in Current Fiscal Year Pension Expense OPEB Expense Contributions Made to OPEB Plan in Current Fiscal Year Grant Project Fund Net Revenues and Expenses

Income Before Transfers

$

1,340,189

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