CAFR 2017

Schedule 86 Page 2 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, 2017

Reconciliation of Modified Accrual Basis to Full Accrual Basis: Total Revenues

2,231,339 $

Total Expenses

5,218,538

Excess of Revenues Under Expenses

(2,987,199)

Adjustment to Full Accrual Basis: Compensated Absences

(199)

Settlement Accrued in Previous Fiscal Year

3,160,333

Pension Expense

(2,285) (1,201)

Increase in Accrued OPEB Actuarial Liability Deferred Outflows of Resources for Contributions Made to Pension Plan in Current Fiscal Year

1,060

Increase in Accrued Actuarial Liability

(345,832)

Loss Before Transfers

$

(175,323)

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