Page 176 - 2018 Comprehensive Annual Financial Report - City of Winston-Salem

City of Winston-Salem, North Carolina
Internal Service Funds

Central Warehouse Fund – Schedule of Revenues, Expenditures
and Transfers – Budget (Non-GAAP Basis) and Actual
For the Fiscal Year Ended June 30, 2018 Exhibit 45

Variance
Positive
Budget Actual (Negative)
Operating Revenues
Charges for services $ 332,730 $ 434,195 $ 101,465
Other - 120 120
Total operating revenues 332,730 434,315 101,585
Operating Expenditures
Personal services 227,090 262,274 (35,184)
Maintenance and operations 105,640 81,443 24,197
Total operating expenditures 332,730 343,717 (10,987)
Operating income (loss) - 90,598 90,598
Change in net position - modified accrual basis $ - $ 90,598 $ 90,598
Reconciliation of Modified Accrual Basis to Full Accrual Basis
Change in Net Position - Modified Accrual Basis $ 90,598
Depreciation (13,790)
(Increase) decrease in net OPEB liability 10,605
(Increase) decrease in deferred inflows of resources - OPEB (8,049)
Change in Net Position - Full Accrual Basis $ 79,364

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