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520 Parking Services Fund
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<br /> FY05 FY05 FY05
<br /> Adopted SB1 Action Revised
<br />I. RESOURCES
<br />
<br /> BEGINNING WORKING CAPITAL 2,366,556 563,138 a 2,929,694
<br /> CHANGE TO WORKING CAPITAL
<br />
<br /> REVENUE
<br /> Rental 550,260 0 550,260
<br /> Charges for Services 2,930,270 0 2,930,270
<br /> Fines/Forfeitures 917,500 0 917,500
<br /> Miscellaneous 49,529 0 49,529
<br /> Total Revenue 4,447,559 0 4,447,559
<br />
<br /> TOTAL RESOURCES 6,814,115 563,138 7,377,253
<br />I1. REQUIREMENTS
<br />
<br /> Department Operating
<br /> Central Services 406,522 0 406,522
<br /> Planning and Development 2,496,101 35 c 2,496,136
<br /> Public Works 130,700 0 130,700
<br /> Total Department Operating 3,033,323 35 3,033,358
<br />
<br /> Capital Projects
<br /> Capital Projects 388,000 388,000
<br /> Capital Carryover 320,528 150,971 b 471,499
<br /> Total Capital Projects 708,528 150,971 859,499
<br /> Non-Departmental
<br /> Debt Service 624,752 0 624,752
<br /> I nterfund Transfers 888,100 0 888,100
<br /> Reserve 1,071,209 (156) a 1,071,053
<br /> Reserve for Encumbrances 7,645 (7,645) c 0
<br /> Balance Available 480,558 419,933 a,b 900,491
<br /> Total Non-Departmental 3,072,264 412,132 3,484,396
<br />
<br /> TOTAL REQUIREMENTS 6,814,115 563,138 7,377,253
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<br />520 Parking Services Fund
<br />a) This supplemental request increases the budgeted Beginning Working Capital by $563,138 and increases
<br />Balance Available by $563,294. An offsetting reduction of $156 to Reserves balances the working capital
<br />adjustment. The adjustment brings the FY05 Budgeted Beginning Working Capital in compliance with the audited
<br />FY04 actual revenues and expenditures as determined by Grove, Mueller & Swank P.C., the City's external
<br />auditor.
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<br />b) This supplemental request increases the capital carryover by $150,971 and decreases balance available by the
<br />same amount. This increase reconciles the FY05 Capital Carryover Estimate to the actual ending FY04 capital
<br />projects balance and carryforward.
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<br />c) This supplemental budget eliminates the Reserve for Encumbrance and distributes $35 to Planning and
<br />Development for payment of obligations incurred but not paid in FY04 and places the residual amount ($7,610) in
<br />Balance Available.
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