CAFR 2016

Schedule 77 Page 1 of 2

General Risk Retention 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

1,564,979 $

1,564,917 $

$

(62)

Operating Expenses: Personal Services

17,711 4,925 200,070

13,727 1,989 207,572

3,984 2,936

Fringe Benefits

Maintenance and Operations

(7,502)

Claims and Expenses

4,687,500 4,910,206

1,636,070 1,859,358

3,051,430 3,050,848

Total Operating Expenses

Operating Loss

(3,345,227)

(294,441)

3,050,786

Nonoperating Revenues: Investment Income

2,000

138,840

136,840

Net Increase (Decrease) in the Fair Value of Investments

23,214 162,054

23,214 160,054

Total Investment Income

2,000

Excess of Revenues Under Expenses

(3,343,227)

(132,387)

3,210,840

Appropriated Fund Balance

3,343,227

(3,343,227)

Excess of Revenues Under Expenses

$

$

(132,387)

$

(132,387)

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