2023 Annual Comprehensive Report

Schedule 76 Page 1 of 2

-16 4 General 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 $ 4,388,628 $ 4,421,043 Operating Expenses: Personal Services 18,678 8,288 Fringe Benefits 7,085 2,931 Maintenance and Operations 2,780,718 713,945 Claims and Expenses 6,936,464 1,462,853 Total Operating Expenses 9,742,945 2,188,017 Operating Income (Loss) (5,354,317) 2,233,026 Nonoperating Revenues: Investment Income 42,473 Net Increase (Decrease) in the Fair Value of Investments 46,220 Total Investment Income 88,693 Miscellaneous Nonoperating Revenue 30,000 402,693 Total Nonoperating Revenues 30,000 491,386 Excess of Revenues Over (Under) Expenses (5,324,317) 2,724,412 Other Financing Sources: Transfers In 1,818,056 1,818,056 Excess of Revenues and Other Financing Sources Over (Under) Expenses (3,506,261) 4,542,468 Appropriated Fund Balance 3,506,261 Excess of Revenues and Other Financing Sources Over Expenses $ $ 4,542,468

Variance Positive (Negative)

$

32,415

10,390 4,154

2,066,773 5,473,611 7,554,928

7,587,343

42,473

46,220 88,693

372,693 461,386

8,048,729

8,048,729

(3,506,261)

$

4,542,468