Page 181 - 2018 Comprehensive Annual Financial Report - City of Winston-Salem

City of Winston-Salem, North Carolina
Internal Service Funds

Dental and Flex Benefits Fund – Schedule of Revenues, Expenditures
and Transfers – Budget (Non-GAAP Basis) and Actual
For the Fiscal Year Ended June 30, 2018 Exhibit 50

Variance
Positive
Budget Actual (Negative)

Operating Revenues
Charges for services $ 2,583,080 $ 2,696,794 $ 113,714
Total operating revenues 2,583,080 2,696,794 113,714
Operating Expenditures
Maintenance and operations 2,193,480 2,221,285 (27,805)
Total operating expenditures 2,193,480 2,221,285 (27,805)
Operating income (loss) 389,600 475,509 85,909
Nonoperating Revenues (Expenditures)
Investment income - 13,157 13,157
Total nonoperating revenues, net - 13,157 13,157
Change in net position - modified accrual basis $ 389,600 $ 488,666 $ 99,066
Reconciliation of Modified Accrual Basis to Full Accrual Basis
Change in Net Position - Modified Accrual Basis $ 488,666
Change in Net Position - Full Accrual Basis $ 488,666

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