2021 Annual Comprehensive Financial Report

Schedule 82 Page 1 of 2

Capital Leasing 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

$

2,305,038

$

2,287,478

$

(17,560)

Operating Expenses: Maintenance and Operations

2,554,680 1,087,500 3,642,180

1,612,406 360,000 1,972,406

942,274 727,500 1,669,774

Capital Outlay

Total Operating Expenses

Operating Income (Loss)

(1,337,142)

315,072

1,652,214

Nonoperating Revenues: Investment Income

20,000

6,823

(13,177)

Net Increase (Decrease) in the Fair Value of Investments

(11,129) (4,306)

(11,129) (24,306)

Total Investment Income

20,000

Nonoperating Expenses: Principal Maturities

734,060 70,051 804,111

684,060 70,010 754,070

50,000

Interest Expense

41

Total Nonoperating Expenses

50,041

Excess of Revenues Under Expenses Before Other Financing Sources

(2,121,253)

(443,304)

1,677,949

Other Financing Sources: Debt Issuances: Proceeds of Capital Leases

427,500 427,500

360,000 360,000

(67,500) (67,500)

Total Other Financing Sources

Excess of Revenues and Other Financing Sources Under Expenses

(1,693,753)

(83,304)

1,610,449

Appropriated Fund Balance

1,693,753

(1,693,753)

Excess of Revenues and Other Financing Sources Under Expenses

$

$

(83,304)

$

(83,304)

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