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

SCHEDULE OF REVENUES AND EXPENDITURES BUDGET (MODIFIED ACCRUAL BASIS) AND ACTUAL STORMWATER UTILITY FUNDS 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 Stormwater utility operating fund $ 22,733,634 Stormwater utility capital projects fund 10,707,208 Stormwater utility bond fund - Total current year expenditures and other financing uses - modified accrual basis Stormwater utility operating fund (22,965,113) Stormwater utility capital projects fund (5,519,085) Stormwater utility bond fund - Excess of revenues and other financing sources over expenditures and other financing uses 4,956,644 Adjustments to full accrual basis: Capital contributions 2,722,552 Capital outlay 5,458,564 Depreciation (2,520,207) Net OPEB pension liability (97,946) Note principal 101,738 Increase (decrease) in deferred outflows of resources for pensions 1,364,944 (Increase) decrease in deferred inflows of resources for pensions 142,657 Increase in pension liability (1,722,239) Vacation expense (45,089) Change in net position per statement of revenues, expenses, and changes in fund net position $ 10,361,618 City of Raleigh _____________________________________________________________ Financial Section ____________________________________________________________ __________________________________________________________ 137 __________________________________________________________

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