METROPOLTTAN WASTEWATER MANAGEMENT COMMISSION <br /> REGIONAL WASTEWATER CAPITAL FUND <br /> SCHEDULE OF REVENUES, EXPENSES AND CHANGES 1N NET ASSETS <br /> (NONGAAP BUDGETARY BASIS) -BUDGET AND ACTUAL <br /> Year Ended June 30, 2005 <br /> Adjustments <br /> Budget to Budget GAAP <br /> Original Revised Basis Basis Basis <br /> Budget Budget Acrual Variance Acrua] Actual <br />Revenues: <br />Use of money and property $ 476.909 $ 476.909 $ 243,939 $ (232.970) $ 81,950 $ 325,889 <br />Total revenues .476.909 476,909 243.939 (232,970) 81.950 325.889 <br />Expenses: <br />Current Operating <br />Public Works 2,604,54] 2,918,727 1,645,826 (1,272,901) (1,645,826) - <br />Special payments 9,281,916 9,158,301 - (9,158,301) - - <br />CapitalProjects _ 14,220.000 14.058,485 692,]74 (13.366,311) (692,174) <br />Total expenses 26.106.457 26.735.513 2,338.000 (23,797,513) (2,338.000) <br />.Excess of revenues over <br />(under)expenses (25,629,548) (25,658,604) (2.094,061) 23,564,543 2.419,950 325.889 <br />Other financing sources/(uses): <br />Transfers in 9,890,105 11,140,105 3,390,105 (7,750,000) - 3,390,105 <br />Transfers (out) - (2.109,690) (2.109.690) <br />Total other financing sources/(uses) 9,890,105 11,140,105 3,390,105 (7,750.000) (2,709,690) 1,280.415 <br />Excess of revenues and other <br />financing sources over <br />(under) expenses (15,739,443) (14,518,499) 1,296,044 15,8]4,543 310,260 1,606,304 <br />Net assets, beginning of year 15,739.443 14,518,499 14,518,499 60.939,642 75,458,141 <br /> <br />Net assets, end of year $ $ - $ l 5,814,543 $ 15,814,543 $ 61,249,902 $ 77,064,445 <br /> <br />19 <br />