2021 Annual Comprehensive Financial Report

Schedule 74 Page 1 of 2

Equipment Services Fund Schedule of Revenues, Expenses and Changes in Fund Balance - 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 - Internal

19,889,576 $

18,970,454 $

$

(919,122)

Other Operating Revenues Total Operating Revenues

150,500

144,066

(6,434)

20,040,076

19,114,520

(925,556)

Operating Expenses: Personal Services

2,549,388 1,182,671 4,158,795 483,831 17,276,852 25,651,537

2,482,565 1,053,840 4,048,634 483,831 11,271,444 19,340,314

66,823 128,831 110,161

Fringe Benefits

Maintenance and Operations

Claims and Expenses

Capital Outlay

6,005,408 6,311,223

Total Operating Expenses

Operating Loss

(5,611,461)

(225,794)

5,385,667

Nonoperating Revenues: Investment Income

75,000

26,087

(48,913)

Net Increase (Decrease) in the Fair Value of Investments Total Investment Income

(26,483)

(26,483) (75,396) (620,107) (695,503)

75,000

(396)

Miscellaneous Nonoperating Revenue Total Nonoperating Revenues Nonoperating Expenses: Miscellaneous Nonoperating Expense Total Nonoperating Expenses

880,000 955,000

259,893 259,497

2,500 2,500

2,500 2,500

Excess of Revenues Over (Under) Expenses

(4,658,961)

33,703

4,692,664

Capital Contributions

20,895

20,895

Excess of Revenues Over (Under) Expenses

(4,658,961)

54,598

4,713,559

Appropriated Fund Balance

4,658,961

(4,658,961)

Excess of Revenues Over Expenses

$

$

54,598

$

54,598

-151-