2024 Annual Comprehensive Report

Schedule 7 2 Page 2 of 2

Equipment Services Fund Schedule of Revenues, Expenses and Changes in Fund Balance - Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2024

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

$

25,420,923 25,061,795

Total Expenses

Excess of Revenues Over Expenses

359,128

Adjustment to Full Accrual Basis: Depreciation/Amortization

(11,088,935) 14,751,247 1,165,149

Capital Outlay

Gain (Loss) on Disposal of Capital Assets

Inventory Gain (Loss)

2,305

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

357,831 (489,732) (45,787) 88,243 (10,801)

Pension Expense OPEB Expense

Contributions Made to OPEB Plan in Current Fiscal Year

Compensated Absences

Income Before Transfers

$

5,088,648

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