CAFR 2017

Schedule 85 Page 1 of 2

Employee Risk Retention Fund Schedule of Revenues, Expenses and Changes in Fund Balance - Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2017

Variance Positive (Negative)

Budget

Actual

Operating Revenues: Charges for Current Services - Internal

48,370,560 $

46,449,569 $

$

(1,920,991)

Other Operating Revenues

1,954,590 50,325,150

2,771,225 49,220,794

816,635

Total Operating Revenues

(1,104,356)

Operating Expenses: Personal Services

525,295 158,715 1,784,662 48,233,125 50,701,797

538,998 157,615 3,278,480 46,094,956 50,070,049

(13,703)

Fringe Benefits

1,100

Maintenance and Operations

(1,493,818) 2,138,169

Claims and Expenses

Total Operating Expenses

631,748

Operating Loss

(376,647)

(849,255)

(472,608)

Nonoperating Revenues: Investment Income

151,500

187,356

35,856

Net Increase (Decrease) in the Fair Value of Investments

(96,723) 90,633

(96,723) (60,867)

Total Investment Income

151,500

Excess of Revenues Under Expenses

(225,147)

(758,622)

(533,475)

Appropriated Fund Balance

225,147

(225,147)

$

Excess of Revenues Under Expenses

$

(758,622)

$

(758,622)

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