COG Comprehensive Annual Financial Report
Schedule 17 Page 1 of 2
Greensboro Transit Authority Schedule of Revenues and Expenses - Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2018
Variance Positive (Negative)
Budget
Actual
Operating Revenues:
Charges for Current Services Other Operating Revenues
$ 2,367,000
$ 2,178,622
$
(188,378) 109,013 (79,365)
845,204 3,212,204
954,217 3,132,839
Total Operating Revenues
Operating Expenses: Personal Services
636,249 242,619
540,931 214,412
95,318 28,207 638,980
Fringe Benefits
Maintenance and Operations
22,812,437
22,173,457
Capital Outlay
16,462
16,462
Total Operating Expenses
23,707,767
22,945,262
762,505
Operating Loss
(20,495,563)
(19,812,423)
683,140
Nonoperating Revenues (Expenses): Investment Income
965,759 9,575,000 1,080,000 6,094,344 584,241
916,824 9,540,142 1,326,350 6,184,028 584,241
(48,935) (34,858) 246,350
Property Tax Collections
Motor Vehicle Tax
State and Federal Grants
89,684
Principal - Notes and Mortgages Miscellaneous Nonoperating Revenue Miscellaneous Nonoperating Expense
18,958
18,958
(17,670)
(17,600)
70
Total Nonoperating Revenues (Expenses)
18,281,674
18,552,943
271,269
Excess of Revenues Under Expenses Before Other Financing Uses
(2,213,889)
(1,259,480)
954,409
Other Financing Uses: Transfers Out
(30,000)
(2,832)
27,168
Excess of Revenues Under Expenses and Other Financing Uses
(2,243,889)
(1,262,312)
981,577
Appropriated Fund Balance
2,243,889
(2,243,889)
Excess of Revenues Under Expenses and Other Financing Uses
$
$ (1,262,312)
$ (1,262,312)
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