2025 Annual Comprehensive Report

Schedule 58 Page 2 of 2

Performing Arts Center 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

$ 15,584,033

Total Expenses

14,462,555

Excess of Revenues Over Expenses Before Other Financing Sources

1,121,478

Adjustment to Full Accrual Basis: Depreciation

(2,348,068) 101,375 1,435,000 1,751,894

Capital Outlay

Principal Maturities

Removal of OPEB and Pension Liability

Compensated Absences Net Capital Project Expense

83,481

(256,764)

Income Before Transfers

$

1,888,396

-133