2025 Annual Comprehensive Report

Schedule 48 Page 2 of 2

Water Resources Fund Schedule of Revenues and Expenses Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2025

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

$ 173,339,430

Total Expenses

128,345,057

Excess of Revenues Over Expenses Before Contributions and Other Financing Sources (Uses)

44,994,373

Adjustment to Full Accrual Basis: Depreciation/Amortization

(36,032,644)

Capital Outlay

655,340

Principal Maturities

16,070,000

Gain (Loss) on Disposal of Capital Assets

(33,503)

Inventory Gain (Loss)

9,211

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

3,043,628 (4,673,128) (176,326) 655,647 (259,825) 3,189,014

Pension Expense OPEB Expense

Contributions Made to OPEB Plan in Current Fiscal Year

Amortization of Bond Refunding Charges

Amortization of Bond Premiums

Compensated Absences

(59,467) 95,260

Change in Pollution Remediation Liability Contribution to Governmental Agency Capital Project Fund Revenues and Expenses

1,005,688 (4,077,788)

Income Before Contributions and Transfers

$ 24,405,480

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