Note 2 Budgetary Basis vs. GAAP
The following is a reconciliation of the excess (deficiency) of revenues and other sources over expenditures and other uses as accounted between the budgetary and GAAP basis of accounting (amounts in thousands):
| Special | ||
|---|---|---|
| Financial Statements Fund Types | General | Revenue |
| Excess (deficiency) of revenues and | ||
| other sources over expenditures and | ||
| other uses (Budgetary basis) | $ 30,660 | $ 4,099 |
| Adjustments: | ||
| Increases (decreases) in revenue accruals: | ||
| Receivables and Other Assets | (27,498) | 4,884 |
| (Increases) decreases in expenditure accruals: | - | |
| Accounts Payable and Other Liabilities | (23,357) | 3,054 |
| Salaries and Fringe Benefits Payable | (14,142) | (193) |
| Increases (decreases) in continuing | ||
| appropriations | 334,000 | (17,457) |
| Reclass of fund balance adjustments | ||
| to operating expenditures | (964) | (1,532) |
| Eliminate portion of prior year surplus | (265,474) | - |
| Excess (deficiency) of revenues and other | ||
| sources over expenditures and other uses | ||
| (GAAP basis) - budgeted funds | 33,225 | (7,145) |
| To record excess (deficiency) of revenues | ||
| and other sources over expenditures and | ||
| other uses for nonbudgeted funds | - | 636 |
| Excess (deficiency) of revenues and other | ||
| sources over expenditures and other uses | ||
| (GAAP basis) | $ 33,225 | $ (6,509) |