|
e �
<br /> Exhibit 7
<br /> SCHEDULE OF REVENUES AND EXPENDITURES-BUDGET AND ACTUAL
<br /> CHAPEL HILL-ORANGE COUNTY-CARRBORO LANDFILL FUND
<br /> YEAR ENDED JUNE 30, 1997 WITH COMPARATIVE ACTUAL AMOUNTS
<br /> FOR THE YEAR ENDED JUNE 30, 1996
<br /> 1997 1996
<br /> a ance-
<br /> Favorable
<br /> Budget Actual (Unfavorable) Actual
<br /> REVENUES:
<br /> Usage fees ; 3,498,600 ; 4,119,095 ; (620,495) ; 3,585,319
<br /> Interest on investments 160,000 236,616 (76,616) 173,161
<br /> Other 289,700 245,700 44,000 372,074
<br /> Total revenues 3,948,300 4,601,411 (653,111) 4,130,554
<br /> EXPENDITURES:
<br /> Personnel 1,056,741 971,695 85,046 851,187
<br /> Indirect costs 107,000 97,493 9,507 87,967
<br /> Maintenance and Repairs 93,551 94,100 (549) 61,085
<br /> Nondepartmental 30,000 25,928 4,072 21,325
<br /> Other 2,555,005 1,938,954 616,051 1,655,911
<br /> Total expenditures 3,842,297 3,128,170 714,127 2,677,475
<br /> EXCESS OF REVENUES
<br /> OVER EXPENDITURES 106,003 1,473,241 (1,367,238) 1,453,079
<br /> BUDGETARY APPROPRIATIONS:
<br /> Capital outlay (586,671) (586,671)
<br /> Equipment and land reserve (573,000) (573,000)
<br /> Appropriated fund balance 1,053,668 1,053,668
<br /> Total budgetary appropriations (106,003) (106,003)
<br /> EXCESS (DEFICIENCY) OF
<br /> REVENUES OVER EXPENDITURES
<br /> AND BUDGETARY APPROPRIATIONS ; ; 1,473,241 ; (1,473,241) ; 1,453,079
<br /> RECONCILIATION OF MODIFIED ACCRUAL BASIS TO FULL ACCRUAL BASIS-
<br /> CHAPEL HILL-ORANGE COUNTY-CARRBORO LANDFILL FUND
<br /> YEAR ENDED JUNE 30, 1997
<br /> Excess of revenues over expenditures and
<br /> budgetary appropriations-modified
<br /> accrual basis ; 1,473,241
<br /> Increase In accrued compensated absences (4,834)
<br /> Increase in closure costs (194,255)
<br /> Depreciation and amortization (710,111)
<br /> Income before operating transfers-accrual basis ; 564,041
<br />
|