COG Comprehensive Annual Financial Report

Schedule 60 Page 1 of 2

Stormwater Management Fund Schedule of Revenues and Expenses - Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2018

Variance Positive (Negative)

Final

Budget

Actual

Operating Revenues:

Charges for Current Services Other Operating Revenues

$ 9,685,594

$ 9,789,420

$ 103,826

226,900 9,912,494

236,557

9,657

Total Operating Revenues

10,025,977

113,483

Operating Expenses: Personal Services

3,198,999 1,605,811 4,139,673

3,133,838 1,518,915 2,888,915

65,161 86,896

Fringe Benefits

Maintenance and Operations

1,250,758

Capital Outlay

55,354

38,633

16,721

Total Operating Expenses

8,999,837

7,580,301

1,419,536

Operating Income

912,657

2,445,676

1,533,019

Nonoperating Revenues: Investment Income

110,722

112,569

1,847

Net Increase (Decrease) in the Fair Value of Investments

(48,628) 63,941

(48,628) (46,781)

Total Investment Income

110,722

Excess of Revenues Over Expenses Before Other Financing Uses

1,023,379

2,509,617

1,486,238

Other Financing Uses: Transfers Out - State and Federal Grants Fund

(7,500)

(7,500)

Transfers Out - Capital Projects Fund

(4,434,154) (4,441,654)

(4,434,154) (4,441,654)

Total Other Financing Uses

Excess of Revenues Under Expenses and Other Financing Uses

(3,418,275)

(1,932,037)

1,486,238

Appropriated Fund Balance

3,418,275

(3,418,275)

Excess of Revenues Under Expenses and Other Financing Uses

$

$ (1,932,037)

$ (1,932,037)

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