CAFR 2017

Schedule 87 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, 2017

Variance Positive (Negative)

Budget

Actual

Operating Revenues: Charges for Current Services - Internal

$

2,072,493

2,071,854 $

$

(639)

Other Operating Revenues

60,000

(60,000) (60,639)

Total Operating Revenues

2,132,493

2,071,854

Operating Expenses:

Maintenance and Operations

1,675,480 503,364 2,178,844

1,104,085

571,395 485,071 1,056,466

Capital Outlay

18,293

Total Operating Expenses

1,122,378

Operating Income (Loss)

(46,351)

949,476

995,827

Nonoperating Revenues: Investment Income

17,000

20,448

3,448

Net Increase (Decrease) in the Fair Value of Investments

(8,362) 12,086

(8,362) (4,914)

Total Investment Income

17,000

Nonoperating Expenses: Principal Maturities

456,960 173,533 50,000 680,493

456,960 173,481

Interest Expense

52

50,000 50,052

Miscellaneous Nonoperating Expense Total Nonoperating Expenses

630,441

(709,844)

331,121

1,040,965

Excess of Revenues Over (Under) Expenses

Appropriated Fund Balance

709,844

(709,844)

Excess of Revenues Over Expenses

$

$

331,121

$

331,121

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