2021 Annual Comprehensive Financial Report

Schedule 67 Page 1 of 2

Parking Facilities 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

4,264,500 $

2,128,981 $

(2,135,519) $

20,000

62,541

42,541

Total Operating Revenues

4,284,500

2,191,522

(2,092,978)

Operating Expenses: Personal Services

707,125 325,840

694,193 274,679 948,628 80,957

12,932 51,161

Fringe Benefits

Maintenance and Operations

1,818,926

870,298

Claims and Expenses

80,957 28,000

Capital Outlay

28,000 962,391

Total Operating Expenses

2,960,848

1,998,457

Operating Income

1,323,652

193,065

(1,130,587)

Nonoperating Revenues: Investment Income

15,000

38,797

23,797

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

8

8

(18,626) 20,179

(18,626)

Total Investment Income

15,000

5,179

Nonoperating Expenses: Principal Maturities

995,581 10,000

995,581

Miscellaneous Nonoperating Expense

2,500 2,500

7,500

Total Nonoperating Expenses

1,005,581

1,003,081

Excess of Revenues Over Expenses

333,071

210,744

(122,327)

Other Financing (Uses): Transfers Out

(1,596,797)

(500,000)

1,096,797

Excess of Revenues Under Expenses and Other Financing (Uses)

(1,263,726)

(289,256)

974,470

Appropriated Fund Balance

1,263,726

(1,263,726)

Excess of Revenues Under Expenses

$

(289,256) $

$

(289,256)

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