2020 Comprehensive Annual Financial Report

Schedule 48 Page 1 of 2

Water Resources Fund Schedule of Revenues and Expenses Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2020

Variance Positive (Negative)

Final

Budget

Actual

Operating Revenues:

Charges for Current Services Other Operating Revenues Other Operating Revenues - Capital Reserve Fund Total Operating Revenues

$ 122,863,212 1,700,990

$ 119,676,814 1,608,553 815,473 122,100,840

$

(3,186,398) (92,437) 815,473 (2,463,362)

124,564,202

Operating Expenses: Personal Services Fringe Benefits

18,199,515 7,882,104 11,952,354 46,921,025 3,095,511 88,050,509

17,150,371 7,116,589 6,118,205 37,105,269 1,874,911 69,365,345

1,049,144 765,515 5,834,149 9,815,756 1,220,600 18,685,164

Maintenance and Repairs Operations Capital Outlay

Total Operating Expenses

Operating Income

36,513,693

52,735,495

16,221,802

Nonoperating Revenues: Investment Income Investment Income - Capital Reserve Fund Net Increase (Decrease) in the Fair Value of Investments Total Investment Income Refunds and Recoveries Cost Sharing Reimbursements Miscellaneous Nonoperating Revenue Total Nonoperating Revenues Nonoperating Expenses: Principal Maturities Interest Expense Inventory Gain (Loss) Miscellaneous Nonoperating Expense Total Nonoperating Expenses Excess of Revenues Over Expenses Before Contributions and Other Financing Sources (Uses)

1,011,000

954,884 1,158,285

(56,116) 1,158,285 (101,167) 1,001,002 56,693 62,500 13,212 1,133,407

(101,167) 2,012,002 256,693 62,500 58,212 2,389,407 15,545,000 9,289,932 888,024 25,722,956

1,011,000

200,000

45,000 1,256,000

15,545,000 12,455,813 14,000 1,694,967 29,709,780

3,165,881 14,000 806,943 3,986,824

8,059,913

29,401,946

21,342,033

Capital Contributions

3,856,656

3,856,656

Other Financing Sources (Uses): Debt Issuances:

Revenue Bonds Issued - Refunding Premium - Refunding Revenue Bonds Payment to Escrow Agent for Refunding of Debt Transfers In - From WR Operating Fund to Capital Reserve Transfers Out - Water Resources Capital Reserve Transfers Out - Water Resources Extension Fund Project Transfers Out - Capital Improvement Fund Total Other Financing Sources (Uses) Excess of Revenues, Other Financing Sources and Contributions Over (Under) Expenses and Other Financing Uses

116,290,000 17,285,513 (132,778,546) 2,500,000 (2,500,000) (761,768) (26,632,243) (26,597,044)

116,290,000 17,285,513 (132,778,546) 2,500,000 (2,500,000) (761,768) (26,632,243) (26,597,044)

(18,537,131)

6,661,558

25,198,689

Appropriated Fund Balance

18,537,131

(18,537,131)

Excess of Revenues, Other Financing Sources and Contributions Over (Under) Expenses and Other Financing Uses $

$

6,661,558

$

6,661,558

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