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821 Riverfront General Fund
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<br /> FY05 FY05 FY05
<br /> Adopted SB1 Action Revised
<br />I. RESOURCES
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<br /> BEGINNING WORKING CAPITAL 83,507 380,441 a 463,948
<br /> CHANGE TO WORKING CAPITAL
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<br /> REVENUE
<br /> Taxes 470,000 0 470,000
<br /> Rental 0 24,480 b 24,480
<br /> Miscellaneous 15,000 (7,000) b 8,000
<br /> Fiscal Transactions 0 500,000 c 500,000
<br /> Total Revenue 485,000 517,480 1,002,480
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<br /> TOTAL RESOURCES 568,507 897,921 1,466,428
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<br />II. REQUIREMENTS
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<br /> Department Operating
<br /> Planning and Development 119,757 30,000 b 149,757
<br /> Total Department Operating 119,757 30,000 149,757
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<br /> Capital Projects
<br /> Total Capital Projects 0 0 0
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<br /> Non-Departmental
<br /> Interfund Transfers 448,750 83,836 b 532,586
<br /> Intergovernmental Expend. 0 500,000 c 500,000
<br /> Balance Available 0 284,085 a,b 284,085
<br /> Total Non-Departmental 448,750 867,921 1,316,671
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<br /> TOTAL REQUIREMENTS 568,507 897,921 1,466,428
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<br />821 Riverfront General Fund
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<br />a) This supplemental request increases the budgeted Beginning Working Capital by
<br />$380,441 and increases the Balance Available by the same amount. The increase
<br />brings the FY05 Budgeted Beginning Working Capital in compliance with the audited
<br />FY04 actual revenues and expenditures as determined by Grove, Mueller & Swank
<br />P.C., the City's external auditor.
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<br />b) This request transfers $83,836 to the Riverfront Capital Projects Fund, reduces
<br />interest earnings by $7,000, allocates $30,000 to professional services for legal
<br />advice. The request also recognizes additional rental income of $24,480 and reduces
<br />Balance Available by $96,356 to offset the changes.
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<br />c) This action recognizes loan proceeds expected to be received from McKenzie
<br />Willamette Medical Center and sends $500,000 to the City of Eugene to support the
<br />initial design phase of the Patterson Street Underpass.
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