City of Raleigh
Schedule of Revenues and Expenditures –
Budget (Modified Accrual Basis) and
Actual Enterprise Funds
The following schedules present the results of operations for all individual enterprise funds
on the modified accrual basis for comparison to the legally adopted budgets for each fund.
For GAAP purposes the individual funds are consolidated into the three funds shown in basic
financial statements and the two funds shown in the preceding combining financial statements.
A reconciliation of the modified accrual basis to the full accrual basis (per generally accepted
accounting principles) follows each schedule or group of schedules.