2016 Annual Financial Audit

Page 101

2015

2016

Final Budget

Original BlIdget

Actual

Variance with Final Iludget

Actual

Excess of revenues over expenditures and encumbrances

160,246

158,581

203,847

Fund balances at beginning of year (non-GAAP budgetary basis)

614,946

614,946

614,946

Fund balances at end of year (non-GAAP budgetary basis)

775,192

773,527

818,793

45,266

614,946

8,727

8,727

4,093

Adjustment to generally accepted accounting principles: Current year encumbrances included in expenditures Fund balances at end of year (GAAP basis)

$

775,192

$

773,527

60

$

827,520

23,453

45,266

591,493

$

53,993

$

19,039


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