2024 Annual Comprehensive Report

Schedule 6 3 Page 2 of 2

Greensboro Transit Advisory Commission Schedule of Revenues and Expenses - Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2024

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

$ 27,652,992

Total Expenses

30,083,569

Excess of Revenues Under Expenses Before Other Financing (Uses)

(2,430,577)

Adjustment to Full Accrual Basis: Depreciation/Amortization

(3,739,679)

Capital Outlay

23,002 (4,292)

Compensated Absences

Principal - Notes and Mortgages Gain on Disposal of Capital Assets

(977,136) (232,024) 187,781 (290,554) (22,784) 43,912 711,374

Deferred Outflows of Resources for Contributions Made to Pension Plan in Current Fiscal Year

Pension Expense OPEB Expense

Contributions Made to OPEB Plan in Current Fiscal Year Grant Project Fund Net Revenues and Expenses

Loss Before Transfer

$

(6,730,977)

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