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111 Library Local Option Levy Fund
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<br /> FY05 FY05 FY05
<br /> Adopted SBI Action Revised
<br />I. RESOURCES
<br />
<br /> BEGINNING WORKING CAPITAL 1,467,279 397,784 a 1,865,063
<br /> CHANGE TO WORKING CAPITAL
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<br /> REVENUE
<br /> Taxes 4,705,371 0 4,705,371
<br /> Rental 22,040 0 22,040
<br /> Miscellaneous 41,500 0 41,500
<br /> Total Revenue 4,768,911 0 4,768,911
<br />
<br /> TOTAL RESOURCE S 6,236,190 397,784 6,633,974
<br />I1. REQUIREMENTS
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<br /> Department Operating
<br /> Library, Rec & Cultural Svcs 4,532,425 387,000 b 4,919,425
<br /> Total Department Operating 4,532,425 387,000 4,919,425
<br />
<br /> Capital Projects
<br /> Total Capital Projects 0 0 0
<br />
<br /> Non-Departmental
<br /> Reserve 1,703,765 10,784 a,b 1,714,549
<br /> Total Non-Departmental 1,703,765 10,784 1,714,549
<br />
<br /> TOTAL REQUIREMENTS 6,236,190 397,784 6,633,974
<br />111 Library Local Option Levy Fund
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<br />a) This supplemental request increases the budgeted Beginning Working Capital by $397,784 and increases
<br />reserves 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 increases the Library, Recreation, and Cultural Service Department's budget by
<br />$387,000 to complete library material purchases and projects initiated but not completed in FY04 and decreases
<br />reserves by the same amount ($387,000).
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