2022 Annual Comprehensive Financial Report

Schedule 65 Page 2 of 2

Greensboro Transit Advisory Commission Schedule of Revenues and Expenses - Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2022

Reconciliation of Modified Accrual Basis to Full Accrual Basis: Total Revenues

$

20,322,658 11,990,856

Total Expenses

Excess of Revenues Over Expenses Before Other Financing (Uses) Adjustment to Full Accrual Basis: Depreciation Principal - Notes and Mortgages Loss on Disposal of Capital Assets Compensated Absences

8,331,802

(3,538,383)

4,223

(823,191) (150,175) 66,386 (26,293) (170,440)

Deferred Outflows of Resources for Contributions Made to Pension Plan in Current Fiscal Year

Pension Expense OPEB Expense

Contributions Made to OPEB Plan in Current Fiscal Year Grant Project Fund Net Revenues and Expenses

28,426

3,217,725

Income Before Transfer

$

6,940,080

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