Comprehensive Annual Financial Report - Fiscal Year ended 6/30/2017

SCHEDULE OF REVENUES AND EXPENDITURES BUDGET (MODIFIED ACCRUAL BASIS) AND ACTUAL MASS TRANSIT FUND For the Fiscal Year Ended June 30, 2017 RECONCILIATION OF MODIFIED ACCRUAL BASIS TO FULL ACCRUAL BASIS: Total current year revenues and other financing sources - modified accrual basis $ 44,339,835 Total current year expenditures and other financing uses - modified accrual basis (44,246,003) Excess of revenues and other financing sources over expenditures and other financing uses 93,832 Adjustments to full accrual basis: Capital outlay 6,956,659 Depreciation (4,283,131) Net OPEB pension liability (13,080) Increase (decrease) in deferred outflows of resources for pensions 262,557 (Increase) decrease in deferred inflows of resources for pensions 30,958 Increase in pension liability (335,303) Vacation expense 4,175 Change in net position per statement of revenues, expenses, and changes in fund net position $ 2,716,667 City of Raleigh _____________________________________________________________ Financial Section ____________________________________________________________ __________________________________________________________ 133 __________________________________________________________

RkJQdWJsaXNoZXIy NjM1NA==