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Schedule 73
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Information Systems Fund
Schedule of Revenues, Expenses and Changes in Fund Balance - Budget and Actual (Non-GAAP)
For the Fiscal Year Ended June 30, 2016
Variance
Positive
Budget
Actual
(Negative)
Operating Revenues:
Charges for Current Services - Internal
9,925,133
$
9,932,519
$
7,386
$
Other Operating Revenues
1,654
1,654
Total Operating Revenues
9,925,133
9,934,173
9,040
Operating Expenses:
Personal Services
1,196,874
1,289,405
(92,531)
Fringe Benefits
421,102
419,365
1,737
Maintenance and Operations
7,128,318
6,439,760
688,558
Capital Outlay
2,857,469
2,188,498
668,971
Total Operating Expenses
11,603,763
10,337,028
1,266,735
Operating Loss
(1,678,630)
(402,855)
1,275,775
Nonoperating Revenues:
Investment Income
41,565
18,546
(23,019)
Net Increase (Decrease) in the Fair
Value of Investments
5,430
5,430
Total Investment Income
41,565
23,976
(17,589)
Nonoperating Expenses:
Principal Maturities
1,500,000
1,595,714
(95,714)
Interest Expense
110,000
120,691
(10,691)
Total Nonoperating Expenses
1,610,000
1,716,405
(106,405)
Excess of Revenues Under Expenses
Before Other Financing Sources (Uses)
(3,247,065)
(2,095,284)
1,151,781
Other Financing Sources (Uses):
Debt Issuances:
Proceeds of Capitalized Leases
2,700,000
2,182,414
(517,586)
Transfers Out
(53,000)
(53,000)
Total Other Financing Sources (Uses)
2,647,000
2,129,414
(517,586)
Excess of Revenues and Other Financing
Sources Over (Under) Expenses and Other
Financing (Uses)
(600,065)
34,130
634,195
Appropriated Fund Balance
600,065
(600,065)
Excess of Revenues and Other Financing
Sources Over Expenses and Other
Financing (Uses)
$
34,130
$
34,130
$
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