CAFR 2016

Schedule 78 Page 1 of 2

Capital Leasing 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

$

2,140,361

2,139,722 $

$

(639)

Other Operating Revenues

60,000

56,260

(3,740) (4,379)

Total Operating Revenues

2,200,361

2,195,982

Operating Expenses:

Maintenance and Operations

1,772,375 275,000 2,047,375

1,400,493

371,882 275,000 646,882

Capital Outlay

Total Operating Expenses

1,400,493

Operating Income

152,986

795,489

642,503

Nonoperating Revenues: Investment Income

25,000

14,943

(10,057)

Net Increase (Decrease) in the Fair Value of Investments

4,757 19,700

4,757

Total Investment Income

25,000

(5,300)

Nonoperating Expenses: Principal Maturities

409,860 243,358 653,218

409,859 193,360 603,219

1

Interest Expense

49,998 49,999

Total Nonoperating Expenses

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

(475,232)

211,970

687,202

Other Financing Uses: Transfers Out

(300,000)

(300,000)

Excess of Revenues Under Expenses and Other Financing Uses

(775,232)

(88,030)

687,202

Appropriated Fund Balance

775,232

(775,232)

Excess of Revenues Under Expenses and Other Financing Uses

$

$

(88,030)

$

(88,030)

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