Teachers' Retirement System, Administrative Expenses : Report On Examination of Financial Statements 1976

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FINAL COMMENTS We have reviewed this report with the executive secretary of the Teachers' Retirement System. The full text of his written response to the report begins on page 12.
We wish to express our appreciation to the executive secretary and his staff for their cooperation and assistance during the audit.
-5- FINANCIAL STATEMENTS TEACHERS' RETIREMENT SYSTEM EARMARKED REVENUE FUND BALANCE SHEET JUNE 30, 1976 ASSETS Cash in Treasury Total Assets LIABILITIES AND FUND BALANCE Accrued support e
...xpenditures Fund balance Total Liabilities, Reserves and Fund Balance $21,284 $21,284 $18,530 2,754 $21,284 (See Accompanying Notes) -6- TEACHERS' RETIREMENT SYSTEM EARMARKED REVENUE FUND STATEMENT OF SUPPORT EXPENDITURES COMPARED WITH APPROPRIATIONS Fiscal Year Ended June 30. 1976 Legislative Budget Total Unexpended Appropriations Amendments Available Expenditures Balance Teachers' Retirement ERA $ 212.999 $ 20.213 $ 233,212 $ 223.752 $ 9.460 TEACHERS' RETIREMENT SYSTEM EARMARKED REVENUE FUND STATEMENT OF INCOME COMPARED WITH INCOME ESTIMATES Fiscal Year Ended June 30.

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