June 30,1998
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):
Financial Statements Fund Types |
General |
Special Revenue |
|---|---|---|
| Excess (deficiency) of revenues and other sources over expenditures and other uses (Budgetary basis) |
$ 312,911 | $ 76,591 |
| Adjustments: Increases (decreases) in revenue accruals: |
||
| Government Receivables | (35,207) | 3,604 |
| Other Receivables | (35,762) | (4,631) |
| (Increases) decreases in expenditure accruals: | ||
| Accounts Payable and Other Liabilities | 60,597 | (4,158) |
| Salaries and Fringe Benefits Payable | (6,533) | 2,428 |
| Increase (decrease) in Continuing | ||
| Appropriations | 180,520 | 28,395 |
| Reclass of equity adjustments: | ||
| To Other Financing Uses | (85,768) | - |
| To Operating Expenses | - | (84,855) |
| Excess (deficiency) of revenues and other sources over expenditures and other uses (GAAP basis) - budgeted funds |
390,758 | 17,374 |
| To record excess of revenues and other sources over expenditures and other uses for nonbudgeted funds |
- | 19,897 |
| Excess (deficiency) of revenues and other sources over expenditures and other uses (GAAP basis) |
$ 390,758 | $ 37,271 |
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