CAFR 2016

Schedule 73 Page 1 of 2

Information Systems 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

$

9,925,133

$

9,932,519

$

7,386 1,654 9,040

Other Operating Revenues

1,654

Total Operating Revenues

9,925,133

9,934,173

Operating Expenses: Personal Services

1,196,874 421,102 7,128,318 2,857,469 11,603,763

1,289,405 419,365 6,439,760 2,188,498 10,337,028

(92,531)

Fringe Benefits

1,737

Maintenance and Operations

688,558 668,971 1,266,735

Capital Outlay

Total Operating Expenses

Operating Loss

(1,678,630)

(402,855)

1,275,775

Nonoperating Revenues: Investment Income

41,565

18,546

(23,019)

Net Increase (Decrease) in the Fair Value of Investments

5,430 23,976

5,430

Total Investment Income

41,565

(17,589)

Nonoperating Expenses: Principal Maturities

1,500,000 110,000 1,610,000

1,595,714 120,691 1,716,405

(95,714) (10,691) (106,405)

Interest Expense

Total Nonoperating Expenses

Excess of Revenues Under Expenses Before Other Financing Sources (Uses) Other Financing Sources (Uses): Debt Issuances: Proceeds of Capitalized Leases

(3,247,065)

(2,095,284)

1,151,781

2,700,000

2,182,414

(517,586)

Transfers Out

(53,000)

(53,000)

Total Other Financing Sources (Uses)

2,647,000

2,129,414

(517,586)

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

(600,065)

34,130

634,195

Appropriated Fund Balance

600,065

(600,065)

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

$

$

34,130

$

34,130

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