2023 Annual Comprehensive Report

Schedule 75 Page 1 of 2

-16 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, 2023 Final Budget Actual Operating Revenues: Charges for Current Services - Internal $ 49,141,403 Other Operating Revenues 71,300 Total Operating Revenues 49,212,703 Operating Expenses: Personal Services 661,796 Fringe Benefits 225,361 Maintenance and Operations 2,136,313 Claims and Expenses 57,121,298 Total Operating Expenses 60,144,768 Operating Loss (10,932,065) Nonoperating Revenues: Investment Income 150,000 Net Increase (Decrease) in the Fair Value of Investments Total Investment Income 150,000 Miscellaneous Nonoperating Revenue 2,848,763 Total Nonoperating Revenues 2,998,763 Excess of Revenues Under Expenses Before Other Financing Sources (7,933,302) Other Financing Sources: Transfers In 990,000 Excess of Revenues and Other Financing Sources Under Expenses (6,943,302) Appropriated Fund Balance 6,943,302 Excess of Revenues and Other Financing Sources Under Expenses $

Variance Positive (Negative)

$ 47,990,262

$

(1,151,141)

7,691

(63,609)

47,997,953

(1,214,750)

657,287 214,309 729,369

4,509 11,052

1,406,944 2,036,532 3,459,037

55,084,766 56,685,731

(8,687,778)

2,244,287

406,572

256,572

400,186 806,758

400,186 656,758

3,788,577 4,595,335

939,814 1,596,572

(4,092,443)

3,840,859

992,233

2,233

(3,100,210)

3,843,092

(6,943,302)

$ (3,100,210)

$

(3,100,210)