298 / 373
Schedule 77
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, 2016
Variance
Positive
Budget
Actual
(Negative)
Operating Revenues:
Charges for Current Services - Internal
1,564,979
$
1,564,917
$
(62)
$
Operating Expenses:
Personal Services
17,711
13,727
3,984
Fringe Benefits
4,925
1,989
2,936
Maintenance and Operations
200,070
207,572
(7,502)
Claims and Expenses
4,687,500
1,636,070
3,051,430
Total Operating Expenses
4,910,206
1,859,358
3,050,848
Operating Loss
(3,345,227)
(294,441)
3,050,786
Nonoperating Revenues:
Investment Income
2,000
138,840
136,840
Net Increase (Decrease) in the Fair
Value of Investments
23,214
23,214
Total Investment Income
2,000
162,054
160,054
Excess of Revenues Under Expenses
(3,343,227)
(132,387)
3,210,840
Appropriated Fund Balance
3,343,227
(3,343,227)
Excess of Revenues Under Expenses
$
(132,387)
$
(132,387)
$
-154-