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Schedule 78
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Capital Leasing 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
2,140,361
$
2,139,722
$
(639)
$
Other Operating Revenues
60,000
56,260
(3,740)
Total Operating Revenues
2,200,361
2,195,982
(4,379)
Operating Expenses:
Maintenance and Operations
1,772,375
1,400,493
371,882
Capital Outlay
275,000
275,000
Total Operating Expenses
2,047,375
1,400,493
646,882
Operating Income
152,986
795,489
642,503
Nonoperating Revenues:
Investment Income
25,000
14,943
(10,057)
Net Increase (Decrease) in the Fair
Value of Investments
4,757
4,757
Total Investment Income
25,000
19,700
(5,300)
Nonoperating Expenses:
Principal Maturities
409,860
409,859
1
Interest Expense
243,358
193,360
49,998
Total Nonoperating Expenses
653,218
603,219
49,999
Excess of Revenues Over (Under) Expenses
Before Other Financing Uses
(475,232)
211,970
687,202
Other Financing Uses:
Transfers Out
(300,000)
(300,000)
Excess of Revenues Under Expenses
and Other Financing Uses
(775,232)
(88,030)
687,202
Appropriated Fund Balance
775,232
(775,232)
Excess of Revenues Under Expenses
and Other Financing Uses
$
(88,030)
$
(88,030)
$
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