5. Investment in Local Partnerships: Combined Statements of Operations of the Local Partnerships (Tables)

12 Months Ended

Mar. 30, 2016

Tables/Schedules

Combined Statements of Operations of the Local Partnerships

	2015	2014
REVENUE
Rental	$   4,381,625	$   4,452,442
Interest and other	102,611	177,777
TOTAL REVENUE	4,484,236	4,630,219
EXPENSES
Administrative	616,161	620,777
Payroll	740,136	751,481
Utilities	696,193	730,609
Operating and maintenance	750,765	746,746
Taxes and insurance	440,622	393,738
Financial	512,515	507,431
Depreciation and amortization	972,702	822,868
TOTAL EXPENSES	4,729,094	4,573,650
NET INCOME (LOSS)	$     (244,858)	$         56,569
NET INCOME (LOSS) ATTRIBUTABLE TO
American Tax Credit Trust, Series I	$     (116,987)	$       137,829
General partners and other limited partners (includes    $244,924 and  $189,440 of Trust losses in excess of investment and specially allocated income of $119,503 and $107,614)	(127,871)	(81,260)
	$     (244,858)	$         56,569