CAFR 2016

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, 2016

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

108,619,587 $

Total Expenses

79,759,868

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

28,859,719

Adjustment to Full Accrual Basis: Depreciation

(23,458,134) 12,724,404

Principal Maturities

Gain (Loss) on Disposal of Capital Assets

23,648

Inventory Gain (Loss)

(108,108)

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

941,098 (734,692) (756,581) 2,474,527 (75,673) (392,834) 572,858 882,023 1,274,860 (995,801)

Pension Expense

Amortization of Underwriters' and OtherExpense

Amortization of Bond Premiums

Compensated Absences

Increase in Accrued OPEB Actuarial Liability

Capital Outlay

Capitalized Payment to Piedmont Triad Regional Water Authority

Capitalized Interest

Capital Project Net Expenses

Income Before Contributions and Transfers

$

21,231,314

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