2020 Comprehensive Annual Financial Report

Schedule 65 Page 1 of 2

Parking Facilities 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

$ 3,495,500

$ 3,302,276

$

(193,224)

20,000

27,925

7,925

Total Operating Revenues

3,515,500

3,330,201

(185,299)

Operating Expenses: Personal Services

642,783 281,674

610,113 231,871 812,337 74,903

32,670 49,803 894,755

Fringe Benefits

Maintenance and Operations

1,707,092

Claims and Expenses

72,059

(2,844)

Total Operating Expenses

2,703,608

1,729,224

974,384

Operating Income

811,892

1,600,977

789,085

Nonoperating Revenues: Investment Income

15,000

114,408

99,408

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

42

42

(1,285)

(1,285) 98,165

Total Investment Income

15,000

113,165

Nonoperating Expenses: Principal Maturities

420,102 420,102

420,102 420,102

Total Nonoperating Expenses

Excess of Revenues Over (Under) Expenses

406,790

1,714,142

1,307,352

Other Financing Uses: Transfers Out

(640,907)

(640,907)

Excess of Revenues Over (Under) Expenses and Other Financing Uses

(234,117)

1,073,235

1,307,352

Appropriated Fund Balance

234,117

(234,117)

Excess of Revenues Over Expenses

$

$ 1,073,235

$ 1,073,235

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