- 2 2,776,066 (822,522) 1,953,544 $3,041,069 LIABILITIES AND ACCUMULATED DEFICIT CURRENT LIABILITIES: Bank overdraft financing (Note 10) Net amounts due to Federal agencies (Note 9) Salaries payable Annual leave due to employees Taxes collected, applicable to future months LIABILITIES PAYABLE FROM RESTRICTED ASSETS (Note 7): Advance from Federal government related to District Unemployment Compensation Trust (Note 9) Other liabilities Trust Funds balance Assets in excess of liabilities LONG-TERM LIABILITIES: Loans payable to Federal government (Note 9) Total liabilities COMMITMENTS AND CONTINGENCIES (Notes 5, 6 and 10) The accompanying Summary of Major Accounting Principles, Notes and Exhibits are an integral part of this balance sheet. COSTS OF SERVICES IN EXCESS OF REVENUES (1979 DEFICIT) (see statement of reconciliation to budget) The accompanying Summary of Major Accounting Principles, Notes and Exhibits are an integral part of this financial statement. - 3 141 Actual $ $ 307,398 43,625 262,465 32,319 Budget Basis Accounting 12,200 1,296,388 113,403 302,698 84,277 77,040 8,564 COMPARISON OF ACTUAL TO BUDGETED RECEIPTS AND EXPENDITURES (41,729) Budget $ 307,400 43,580 262,465 34,000 12,200 168,680 1,314,055 120,636 309,585 DISTRICT OF COLUMBIA 20,381 300,109 84,369 78,299 8.564 1,353,099 $ (39,044) $ (2,685) The accompanying Summary of Major Accounting Principles, Notes and Exhibits are an integral part of this financial statement. *Additional budget authority is being requested in a supplemental budget for fiscal year 1980. The accompanying Summary of Major Accounting Principles, Notes and DISTRICT OF COLUMBIA CONSOLIDATED STATEMENT OF CHANGES IN CASH AND INVESTMENTS SOURCES OF CASH: FOR THE YEAR ENDED SEPTEMBER 30, 1979 CASH AND INVESTMENTS, September 30, 1978, as previously reported Cash and investments, September 30, 1978, as adjusted Temporary Financing--Short-term Federal advances, net of $20,000 repayment (Note 9) Property Acquisitions and Financing · Cash (used) for purchase and construction of property Cash obtained for property acquisitions Total sources of cash Decrease in cash and investments for the year CASH AND INVESTMENTS, September 30, 1979 (net of bank overdraft financing of $26,030) The accompanying Summary of Major Accounting Principles, Notes and $ 136,589 7,511 144,100 20,000 (128,624) (6,600) 100,000 42,890 7,666 27,666 285,921 (46,331) (177,700) (11,169) (5,392) (33,144) 12,185 22,061 34,246 (6,580) $ 137,520 |