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

12 Months Ended

Mar. 30, 2017

Tables/Schedules

Combined Statements of Operations of the Local Partnerships

	2016	2015
REVENUE
Rental	$ 2,227,795	$ 4,381,625
Interest and other	121,318	102,611
TOTAL REVENUE	2,349,113	4,484,236
EXPENSES
Administrative	279,499	616,161
Payroll	303,714	740,136
Utilities	409,131	696,193
Operating and maintenance	473,314	750,765
Taxes and insurance	196,083	440,622
Financial	258,378	512,515
Depreciation and amortization	563,241	972,702
TOTAL EXPENSES	2,483,360	4,729,094
NET LOSS	$ (134,247)	$ (244,858)
NET LOSS ATTRIBUTABLE TO
American Tax Credit Trust, Series I	$               --	$ (116,987)
General partners and other limited partners (includes    $180,177 and $244,924 of Trust losses in excess of investment and specially allocated income of $47,273 and $119,503)	(134,247)	(127,871)
	$ (134,247)	$ (244,858)