2020 Comprehensive Annual Financial Report

Schedule 78 Page 1 of 2

Employee Risk Retention Fund Schedule of Revenues, Expenses and Changes in Fund Balance - 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 - Internal

$ 50,788,170

$ 49,531,599

$

(1,256,571)

Other Operating Revenues Total Operating Revenues

26,000

10,454

(15,546)

50,814,170

49,542,053

(1,272,117)

Operating Expenses: Personal Services

602,352 184,104 1,076,989 51,869,372 53,732,817

608,305 179,536 364,349

(5,953) 4,568

Fringe Benefits

Maintenance and Operations

712,640 5,118,327 5,829,582

Claims and Expenses

46,751,045 47,903,235

Total Operating Expenses

Operating Income (Loss)

(2,918,647)

1,638,818

4,557,465

Nonoperating Revenues: Investment Income

150,000

511,450

361,450

Net Increase (Decrease) in the Fair Value of Investments

(21,461) 489,989

(21,461) 339,989 285,545 625,534

Total Investment Income

150,000

Miscellaneous Nonoperating Revenue Total Nonoperating Revenues

2,309,951 2,459,951

2,595,496 3,085,485

Excess of Revenues Over (Under) Expenses

(458,696)

4,724,303

5,182,999

Appropriated Fund Balance

458,696

(458,696)

Excess of Revenues Over Expenses

$

$

4,724,303

$

4,724,303

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