COG Comprehensive Annual Financial Report

Schedule 15

Statement of Revenues, Expenses, and Changes in Net Position Component Unit For the Fiscal Year Ended June 30, 2018

GREENSBORO TRANSIT AUTHORITY

Operating Revenues: Charges for Current Services Other Operating Revenues

$

2,178,622 954,217 3,132,839

Total Operating Revenues

Operating Expenses: Personal Services

601,416 217,921

Fringe Benefits

Maintenance and Operations

22,751,200 2,786,349 26,356,886

Depreciation

Total Operating Expenses

Operating Loss

(23,224,047)

Nonoperating Revenues (Expenses): Investment Income

924,175 9,540,142 1,326,350 8,641,430

Property Tax

Motor Vehicle Tax

Grants

Miscellaneous Nonoperating Revenue

19,015 14,401

Inventory Gain (Loss)

Gain (Loss) on Disposal of Capital Assets Miscellaneous Nonoperating Expense Total Nonoperating Revenues (Expenses)

(1,345,810)

(17,600)

19,102,103

Change in Net Position

(4,121,944)

Net Position - July 1

62,440,680

Net Position - June 30

$

58,318,736

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