2020 Comprehensive Annual Financial Report

Schedule 79 Page 1 of 2

General Risk Retention Fund Schedule of Revenues, Expenses and Changes in Fund Balance - Budget and Actual (Non-GAAP) For the Fiscal Year Ended June 30, 2020

Variance Positive (Negative)

Final

Budget

Actual

Operating Revenues: Charges for Current Services - Internal

$ 2,776,820

$ 2,772,607

$

(4,213)

Operating Expenses: Personal Services

16,097 6,430 200,070 4,824,000 5,046,597

17,085 5,855 25,144

(988)

Fringe Benefits

575

Maintenance and Operations

174,926 2,917,713 3,092,226

Claims and Expenses

1,906,287 1,954,371

Total Operating Expenses

Operating Income (Loss)

(2,269,777)

818,236

3,088,013

Nonoperating Revenues: Investment Income

251,497

251,497

Net Increase (Decrease) in the Fair Value of Investments

(8,333)

(8,333)

Total Investment Income

243,164

243,164

Miscellaneous Nonoperating Revenue Total Nonoperating Revenues

993

993

244,157

244,157

Excess of Revenues Over (Under) Expenses

(2,269,777)

1,062,393

3,332,170

Appropriated Fund Balance

2,269,777

(2,269,777)

Excess of Revenues Over Expenses

$

$ 1,062,393

$

1,062,393

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