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Schedule 62
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Solid Waste Management Fund
Schedule of Revenues and Expenses - Budget and Actual (Non-GAAP)
For the Fiscal Year Ended June 30, 2016
Variance
Final
Positive
Budget
Actual
(Negative)
Operating Revenues:
Charges for Current Services
11,435,000
$
13,391,867
$
1,956,867
$
Other Operating Revenues
260,000
272,516
12,516
Total Operating Revenues
11,695,000
13,664,383
1,969,383
Operating Expenses:
Personal Services
1,524,532
1,567,231
(42,699)
Fringe Benefits
684,536
645,835
38,701
Maintenance and Operations
16,331,438
10,898,550
5,432,888
Capital Outlay
78,000
78,000
Total Operating Expenses
18,618,506
13,189,616
5,428,890
Operating Income (Loss)
(6,923,506)
474,767
7,398,273
Nonoperating Revenues:
Investment Income
50,000
77,656
27,656
Investment Income - Capital Reserve Fund
4,621
4,621
Net Increase (Decrease) in the Fair
Value of Investments
23,111
23,111
Total Investment Income
50,000
105,388
55,388
Nonoperating Expenses:
Principal Maturities
655,000
655,000
Interest Expense
172,700
170,516
2,184
Miscellaneous Nonoperating Expense
3,000
2,230
770
Total Nonoperating Expenses
830,700
827,746
2,954
Excess of Revenues Under Expenses
Before Other Financing Sources (Uses)
(7,704,206)
(247,591)
7,456,615
Other Financing Sources (Uses):
Transfers In
2,930,777
2,930,777
Transfers Out - Capital Project Fund
(1,125,000)
(1,125,000)
Total Other Financing Sources (Uses)
1,805,777
1,805,777
Excess of Revenues and Other Financing
Sources Over (Under) Expenses and
Other Financing (Uses)
(5,898,429)
1,558,186
7,456,615
Appropriated Fund Balance
5,898,429
(5,898,429)
Excess of Revenues and Other Financing
Sources Over Expenses and Other
Financing (Uses)
$
1,558,186
$
1,558,186
$
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