2024 Annual Comprehensive Report

Schedule 7 6 Page 1 of 2

-1 6 1 Information Systems Fund Schedule of Revenues, Expenses and Changes in Fund Balance - Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2024 Final Budget Operating Revenues: Charges for Current Services - Internal $ 12,861,841 $ Operating Expenses: Personal Services 1,960,216 Fringe Benefits 686,171 Maintenance and Operations 8,998,176 Claims and Expenses 641,142 Capital Outlay - IT Subscriptions 4,650,000 Total Operating Expenses 16,935,705 Operating Loss (4,073,864) Nonoperating Revenues: Investment Income 20,000 Net Increase (Decrease) in the Fair Value of Investments Total Investment Income 20,000 Nonoperating Expenses: Principal Maturities 2,750,000 Interest Expense 250,000 Total Nonoperating Expenses 3,000,000 Excess of Revenues Under Expenses Before Other Financing Sources (7,053,864) Other Financing Sources: Debt Issuances: Lease Liability Issued 4,500,000 Excess of Revenues and Other Financing Sources Under Expenses (2,553,864) Appropriated Fund Balance 2,553,864 Excess of Revenues and Other Financing Sources Under Expenses $ $

Variance Positive (Negative)

Actual

9,566,921

$ (3,294,920)

1,942,139 669,916 3,537,793 3,194,261 9,355,251 11,142

18,077 16,255

5,460,383 630,000 1,455,739 7,580,454

211,670

4,285,534

154,795

134,795

86,295 241,090

86,295 221,090

3,507,046 180,944 3,687,990

(757,046)

69,056

(687,990)

(3,235,230)

3,818,634

3,194,261

(1,305,739)

(40,969)

2,512,895

(2,553,864)

(40,969)

$

(40,969)