2021 Annual Comprehensive Financial Report

Schedule 49 Page 1 of 2

Water Resources Fund Schedule of Revenues and Expenses Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2021

Variance Positive (Negative)

Final

Budget

Actual

Operating Revenues: Charges for Current Services Other Operating Revenues

119,750,136 $

122,354,716 $

$

2,604,580 (795,635) 446,040 2,254,985

1,887,490

1,091,855 446,040

Other Operating Revenues - Capital Reserve Fund

Total Operating Revenues

121,637,626

123,892,611

Operating Expenses: Personal Services

18,553,400 8,109,288 8,494,633 51,163,894 2,392,311 88,713,526

17,226,538 7,199,389 4,813,546 38,482,089 1,032,294 68,753,856

1,326,862 909,899 3,681,087 12,681,805 1,360,017 19,959,670

Fringe Benefits

Maintenance and Repairs

Operations

Capital Outlay

Total Operating Expenses

Operating Income

32,924,100

55,138,755

22,214,655

Nonoperating Revenues: Investment Income

927,000

175,630 253,371

(751,370) 253,371 (490,133) (988,132)

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

(490,133) (61,132)

Total Investment Income

927,000

Refunds and Recoveries Cost Sharing Reimbursements

250,000

(250,000)

5,283

5,283

Miscellaneous Nonoperating Revenue Total Nonoperating Revenues

50,000

14,970 (40,879)

(35,030)

1,227,000

(1,267,879)

Nonoperating Expenses: Principal Maturities

16,330,000 14,290,589

16,330,000 11,581,168

Interest Expense

2,709,421

Inventory Gain (Loss)

14,000 898,000

14,000

Miscellaneous Nonoperating Expense Total Nonoperating Expenses Excess of Revenues Over Expenses Before Contributions and Other Financing (Uses)

202,791

695,209 3,418,630

31,532,589

28,113,959

2,618,511

26,983,917

24,365,406

Capital Contributions

1,778,007

1,778,007

Other Financing (Uses): Transfers Out - Water Resources Extension Fund Project

(750,684)

(750,684)

Transfers Out - Capital Improvement Fund

(29,580,461) (30,331,145)

(29,580,461) (30,331,145)

Total Other Financing (Uses)

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

(27,712,634)

(1,569,221)

26,143,413

Appropriated Fund Balance

27,712,634

(27,712,634)

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

$

(1,569,221) $

$

(1,569,221)

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