2021 Annual Comprehensive Financial Report

Schedule 80 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, 2021

Variance Positive (Negative)

Final

Budget

Actual

Operating Revenues: Charges for Current Services - Internal

48,645,464 $

48,154,733 $

$

(490,731)

Other Operating Revenues Total Operating Revenues

26,000

53,472

27,472

48,671,464

48,208,205

(463,259)

Operating Expenses: Personal Services

646,168 197,270 801,726

636,175 198,190 412,775

9,993

Fringe Benefits

(920)

Maintenance and Operations

388,951 1,753,485 2,151,509

Claims and Expenses

52,377,667 54,022,831

50,624,182 51,871,322

Total Operating Expenses

Operating Loss

(5,351,367)

(3,663,117)

1,688,250

Nonoperating Revenues: Investment Income

150,000

112,916

(37,084)

Net Increase (Decrease) in the Fair Value of Investments

(123,675) (10,759) 2,649,925 2,639,166

(123,675) (160,759) (267,525) (428,284)

Total Investment Income

150,000

Miscellaneous Nonoperating Revenue Total Nonoperating Revenues

2,917,450 3,067,450

Excess of Revenues Under Expenses

(2,283,917)

(1,023,951)

1,259,966

Appropriated Fund Balance

2,283,917

(2,283,917)

Excess of Revenues Under Expenses

$

(1,023,951) $

$

(1,023,951)

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