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

SCHEDULE OF REVENUES AND EXPENDITURES BUDGET (MODIFIED ACCRUAL BASIS) AND ACTUAL STORMWATER UTILITY OPERATING FUND For the Fiscal Year Ended June 30, 2017 Over (Under) Actual Budget Budget REVENUES User charges $ 22,643,060 $ 21,733,850 $ 909,210 Gain (loss) on investments 41,759 25,000 16,759 Miscellaneous other 505 - 505 Total revenues 22,685,324 21,758,850 926,474 OTHER FINANCING SOURCES Proceeds from disposal of capital assets 1,481 - 1,481 Transfers from: Risk management fund 46,829 46,829 - Total other financing sources 48,310 46,829 1,481 Total revenues and other financing sources $ 22,733,634 21,805,679 $ 927,955 Fund balance appropriated 2,047,909 $ 23,853,588 EXPENDITURES Operating expenditures $ 12,241,257 $ 13,129,732 $ (888,475) DEBT SERVICE Note principal 101,738 101,738 - OTHER FINANCING USES Transfers to: Stormwater utility capital projects fund 10,326,830 10,326,830 - Technology capital projects fund 295,288 295,288 - Total other financing uses 10,622,118 10,622,118 - Total expenditures and other financing uses $ 22,965,113 $ 23,853,588 $ (888,475) City of Raleigh _____________________________________________________________ Financial Section ____________________________________________________________ __________________________________________________________ 134 __________________________________________________________

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