CAFR 2016

Schedule 77

Page 2 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

Reconciliation of Modified Accrual Basis

to Full Accrual Basis:

Total Revenues

1,726,971

Total Expenses

1,859,358

Excess of Revenues Under Expenses

(132,387)

Adjustment to Full Accrual Basis:

Compensated Absences

(429)

Settlement of Claim Subsequent to Year End

(3,160,333)

Increase in Accrued Actuarial Liability

(256,804)

Loss Before Transfers

(3,549,953)

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