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133 Transportation Utility Fund
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<br /> FY05 FY05 FY05
<br /> Adopted SBI Action Revised
<br />I.RESOURCES
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<br /> BEGINNING WORKING CAPITAL 729,666 423,898 a 1,153,564
<br /> CHANGE TO WORKING CAPITAL
<br />
<br /> REVENUE
<br /> Taxes 2,000,000 0 2,000,000
<br /> Intergovernmental 0 700,000 c 700,000
<br /> Miscellaneous 10,000 0 10,000
<br /> Total Revenue 2,010,000 700,000 2,710,000
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<br /> TOTAL RESOURCES 2,739,666 1,123,898 3,863,564
<br />II. REQUIREMENTS
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<br /> Department Operating
<br /> Total Department Operating 0 0 0
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<br /> Capital Projects
<br /> Capital Projects 1,744,000 1,124,600 b, c 2,868,600
<br /> Capital Carryover 316,225 (68,638) b 247,587
<br /> Total Capital Projects 2,060,225 1,055,962 3,116,187
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<br /> Non-Departmental
<br /> Debt Service 21,000 0 21,000
<br /> Interfund Loans 235,000 0 235,000
<br /> Interfund Transfers 0 13,400 d 13,400
<br /> Balance Available 423,441 54,536 a,c,d 477,977
<br /> Total Non-Departmental 679,441 67,936 747,377
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<br /> TOTAL REQUIREMENTS 2,739,666 1,123,898 3,863,564
<br /> 133 Transportation Utility Fund
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<br />a) This supplemental request increases the budgeted Beginning Working Capital by $423,898 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.
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<br /> b) This supplemental request reconciles the capital carryover account, decreasing the estimate by $68,638 and
<br /> moving the residual spending authority ($68,638) to capital project spending on street and alley preservation.
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<br /> c) This budget request recognizes $700,000 in OTIA III revenue sharing from Lane County and appropriates it
<br /> and $355,962 from Balance Available to capital project spending for street and alley preservation.
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<br /> d) This budget action transfers $13,400 from Balance Available to the Special Assessments Capital Projects
<br /> Fund for the Santa Clam Avenue assessment project. Transportation SDC, Stormwater SDC and Assessments
<br /> are also providing the funding for the Santa Clara Avenue project.
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