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131 Road Fund
<br />
<br /> FY05 FY05 FY05
<br /> Adopted SBI Action Revised
<br />I.RESOURCES
<br />
<br /> BEGINNING WORKING CAPITAL 2,015,010 1,105,758 a 3,120,768
<br /> CHANGE TO WORKING CAPITAL
<br />
<br /> REVENUE
<br /> Licenses/Perm its 155,000 0 155,000
<br /> Intergovernmental 7,825,780 0 7,825,780
<br /> Rental 9,000 0 9,000
<br /> Charges for Services 97,000 0 97,000
<br /> Miscellaneous 165,558 0 165,558
<br /> Interfund Transfers 0 35,000 c 35,000
<br /> Fiscal Transactions 0 0 0
<br /> Total Revenue 8,252,338 35,000 8,287,338
<br />
<br /> TOTAL RESOURCE S 10,267,348 1,140,758 11,408,106
<br />II.REQUIREMENTS
<br />
<br /> Department Operating
<br /> Public Works 8,359,076 176,069 b,c,d 8,535,145
<br /> Total Department Operating 8,359,076 176,069 8,535,145
<br />
<br /> Capital Projects
<br /> Total Capital Projects 0 0 0
<br />
<br /> Non-Departmental
<br /> Interfund Transfers 597,000 0 597,000
<br /> Reserve for Encumbrances 173,760 (173,760) b 0
<br /> Balance Available 1,137,512 1,138,449 a,b,d 2,275,961
<br /> Total Non-Departmental 1,908,272 964,689 2,872,961
<br />
<br /> TOTAL REQUIREMENTS 10,267,348 1,140,758 11,408,106
<br /> 131 Road Fund
<br />
<br />a) This supplemental request increases the budgeted Beginning Working Capital by $1,105,758 and increases
<br />balance available by the same amount. The increase brings the FY05 Budgeted Beginning Working Capital in
<br />compliance with the audited FY04 actual revenues and expenditures as determined by Grove, Mueller & Swank
<br />P.C., the City's external auditor.
<br />
<br /> b) This request eliminates the Reserve for Encumbrance and distributes $122,069 to the Public Works
<br /> Department for payment of obligations incurred but not paid in FY04 and places the residual amount ($51,691) in
<br /> Balance Available.
<br />
<br /> c) This request recognizes a $35,000 transfer from the General Fund's marginal beginning working capital to pay
<br /> for the Agate Street study. The City Council approved using General Fund contingency in FY04 for the study but
<br /> the funds were not appropriated. Public Works appropriaton is increased by $35,000.
<br />
<br /> d) This request reappropriates $19,000 to Public Works from Balance Available to continue work on the Crest
<br /> Drive Transportation Study.
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