2021 Annual Comprehensive Financial Report

Schedule 77 Page 1 of 2

Information Systems 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

12,361,755 $

$

13,028,341

$

666,586

Other Operating Revenues Total Operating Revenues

88

88

12,361,755

13,028,429

666,674

Operating Expenses: Personal Services

1,689,602 597,309 8,069,097 134,757 4,650,000 15,140,765

1,652,807 549,322 6,861,152 134,848 2,594,241 11,792,370

36,795 47,987

Fringe Benefits

Maintenance and Operations

1,207,945

Claims and Expenses

(91)

Capital Outlay

2,055,759 3,348,395

Total Operating Expenses

Operating Income (Loss)

(2,779,010)

1,236,059

4,015,069

Nonoperating Revenues: Investment Income

41,565

15,499

(26,066)

Net Increase (Decrease) in the Fair Value of Investments

(15,645)

(15,645) (41,711)

Total Investment Income

41,565

(146)

Miscellaneous Nonoperating Revenue Total Nonoperating Revenues

7,785 7,639

7,785

41,565

(33,926)

Nonoperating Expenses: Principal Maturities

2,750,000 250,000 3,000,000

2,957,146 236,142 3,193,288

(207,146)

Interest Expense

13,858

Total Nonoperating Expenses

(193,288)

Excess of Revenues Under Expenses Before Other Financing Sources

(5,737,445)

(1,949,590)

3,787,855

Other Financing Sources: Debt Issuances:

Proceeds of Capitalized Leases

4,500,000

2,594,241

(1,905,759)

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

(1,237,445)

644,651

1,882,096

Appropriated Fund Balance

1,237,445

(1,237,445)

Excess of Revenues and Other Financing Sources Over Expenses

$

$

644,651

$

644,651

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