247 / 373
Schedule 48
Page 2 of 2
Water Resources Fund
Schedule of Revenues and Expenses Budget and Actual (Non-GAAP)
For the Fiscal Year Ended June 30, 2016
Reconciliation of Modified Accrual Basis
to Full Accrual Basis:
Total Revenues
108,619,587
$
Total Expenses
79,759,868
Excess of Revenues Over Expenses Before
Contributions and Other Financing Sources (Uses)
28,859,719
Adjustment to Full Accrual Basis:
Depreciation
(23,458,134)
Principal Maturities
12,724,404
Gain (Loss) on Disposal of Capital Assets
23,648
Inventory Gain (Loss)
(108,108)
Deferred Outflows of Resources for Contributions Made to
Pension Plan in Current Fiscal Year
941,098
Pension Expense
(734,692)
Amortization of Underwriters' and OtherExpense
(756,581)
Amortization of Bond Premiums
2,474,527
Compensated Absences
(75,673)
Increase in Accrued OPEB Actuarial Liability
(392,834)
Capital Outlay
572,858
Capitalized Payment to Piedmont Triad Regional Water Authority
882,023
Capitalized Interest
1,274,860
Capital Project Net Expenses
(995,801)
Income Before Contributions and Transfers
21,231,314
$
-110-