2020 Comprehensive Annual Financial Report

Schedule 48 Page 2 of 2

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

Reconciliation of Modified Accrual Basis to Full Accrual Basis:

Total Revenues Total Expenses

$ 124,490,247 95,088,301

Excess of Revenues Over Expenses Before Contributions and Other Financing Sources (Uses)

29,401,946

Adjustment to Full Accrual Basis: Depreciation Capital Outlay Principal Maturities Gain (Loss) on Disposal of Capital Assets Inventory Gain (Loss) 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 Amortization of Bond Refunding Charges Amortization of Bond Premiums Compensated Absences Change in Pollution Remediation Liability Contribution to Governmental Agency Capital Project Fund Revenues and Expenses

(30,000,980) 1,874,911 15,545,000 (266,249) (62,175) 1,460,002 (2,864,432) (1,160,451) 768,262 (718,255) 3,721,930 (141,627) 18,530 938,394 (2,589,879)

Income Before Contributions and Transfers

$ 15,924,927

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