2025 Annual Comprehensive Report

Schedule 80 Page 2 of 2

Guilford Metro Communications Schedule of Revenues, Expenses and Changes in Fund Balance - Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2025

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

$ 5,137,442 15,147,626

Total Expenses

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

(10,010,184)

Adjustment to Full Accrual Basis: Depreciation/Amortization

(400,755) 328,587

Principal Maturities

Capital Outlay

88,312

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

927,175

Pension Expense OPEB Expense

(1,395,161) (111,947)

Contributions Made to OPEB Plan in Current Fiscal Year

193,302 (71,987)

Compensated Absences

Loss Before Transfers

$ (10,452,658)

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