2025 Annual Comprehensive Report

Schedule 66 Page 1 of 2

Greensboro Transit Advisory Commission Schedule of Revenues and Expenses - Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2025

Variance Positive (Negative)

Budget

Actual

Operating Revenues:

Charges for Current Services Other Operating Revenues State and Federal Grants

$ 2,076,500

$ 1,849,968

$

(226,532) (193,095) (5,850,000) (6,269,627)

459,300 7,496,937 10,032,737

266,205 1,646,937 3,763,110

Total Operating Revenues

Operating Expenses: Personal Services

1,686,206 681,461 32,536,085

1,654,345 648,549 29,471,518

31,861 32,912

Fringe Benefits

Maintenance and Operations

3,064,567

Capital Outlay

38,008

12,002

26,006

Total Operating Expenses

34,941,760

31,786,414

3,155,346

Operating Loss

(24,909,023)

(28,023,304)

(3,114,281)

Nonoperating Revenues (Expenses): Investment Income (Loss)

390,129

1,287,466

897,337

Net Increase (Decrease) in the Fair Value of Investments

308,286

308,286 238,488 34,964

Property Tax Collections

13,507,000 1,056,000

13,745,488 1,090,964

Motor Vehicle Tax Interest Expense

(985)

(985)

Principal - Notes and Mortgages Miscellaneous Nonoperating Revenue

1,159,871

1,064,590

(95,281)

1,323

1,323

Total Nonoperating Revenues (Expenses)

16,113,000

17,497,132

1,384,132

Excess of Revenues Under Expenses Before Other Financing Uses Other Financing Sources (Uses): Transfers In

(8,796,023)

(10,526,172)

(1,730,149)

1,000

1,000

Transfers Out

(1,499,885) (1,498,885)

(15,576) (14,576)

1,484,309 1,484,309

Total Other Financing Sources (Uses)

Excess of Revenues and Other Financing Sources Under Expenses and Other Financing (Uses)

(10,294,908)

(10,540,748)

(245,840)

Appropriated Fund Balance

10,294,908

(10,294,908)

Excess of Revenues and Other Financing Sources Under Expenses and Other Financing (Uses)

$

$ (10,540,748)

$ (10,540,748)

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