CAFR 2016

Schedule 70 Page 1 of 2

Equipment Services Fund Schedule of Revenues, Expenses and Changes in Fund Balance - Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2016

Variance Positive (Negative)

Budget

Actual

Operating Revenues: Charges for Current Services - Internal Charges for Current Services - External

14,798,613 $

15,973,595 $

$

1,174,982

5,000 43,500

2,063 32,779

(2,937) (10,721)

Other Operating Revenues

Total Operating Revenues

14,847,113

16,008,437

1,161,324

Operating Expenses: Personal Services

2,403,908 961,757 4,332,389 17,963,899 25,661,953

2,441,148 959,483 4,481,150 13,019,222 20,901,003

(37,240)

Fringe Benefits

2,274

Maintenance and Operations

(148,761) 4,944,677 4,760,950

Capital Outlay

Total Operating Expenses

Operating Loss

(10,814,840)

(4,892,566)

5,922,274

Nonoperating Revenues: Investment Income

70,000

62,675

(7,325)

Net Increase (Decrease) in the Fair Value of Investments Total Investment Income

17,661 80,336

17,661 10,336

70,000

Miscellaneous Nonoperating Revenue Total Nonoperating Revenues

1,173,159 1,243,159

99,081 179,417

(1,074,078) (1,063,742)

Excess of Revenues Under Expenses

(9,571,681)

(4,713,149)

4,858,532

Appropriated Fund Balance

9,571,681

(9,571,681)

Excess of Revenues Under Expenses

$

(4,713,149) $

$

(4,713,149)

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