2022 Annual Comprehensive Financial Report

Schedule 79 Page 2 of 2

Guilford Metro Communications Schedule of Revenues, Expenses and Changes in Fund Balance - Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2022

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

3,567,412 $ 12,135,919

Total Expenses

Excess of Revenues Under Expenses Before Other Financing Sources

(8,568,507)

Adjustment to Full Accrual Basis: Depreciation/Amortization

(383,379) 321,723

Principal Maturities

Capital Outlay

29,995

Gain (Loss) on Disposal of Capital Assets

697

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

634,083 (419,435) (87,924) 213,066 (20,402)

Pension Expense OPEB Expense

Contributions Made to OPEB Plan in Current Fiscal Year

Compensated Absences

Loss Before Transfers

(8,280,083) $

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