COG Comprehensive Annual Financial Report

Schedule 81 Page 2 of 2

Employee Risk Retention Fund Schedule of Revenues, Expenses and Changes in Fund Balance - Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2018

Reconciliation of Modified Accrual Basis to Full Accrual Basis:

Total Revenues Total Expenses

$ 50,961,559 49,212,815

Excess of Revenues Over Expenses

1,748,744

Adjustment to Full Accrual Basis: Depreciation/Amortization Capital Outlay Deferred Outflows of Resources for Contributions Made to Pension Plan in Current Fiscal Year Pension Expense OPEB Expense Decrease in Workers' Compensation Accrued Actuarial Liability Compensated Absences

(732)

5,691

40,355 (41,689) (24,430) (495,274) (5,731)

Income Before Transfers

$ 1,226,934

-159-