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312 Road Capital Projects Fund
<br />FY08FY08FY08
<br />AdoptedSB1 ActionRevised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />2,963,058(1,585,864)a1,377,194
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Intergovernmental02,641,455b,c2,641,455
<br /> Rental35,600035,600
<br /> Miscellaneous3,00003,000
<br /> Interfund Transfers100,0000100,000
<br />Total Revenue138,6002,641,4552,780,055
<br />TOTAL RESOURCES3,101,6581,055,5914,157,249
<br />II.REQUIREMENTS
<br />Capital Projects
<br /> Capital Projects100,0001,285,982b1,385,982
<br /> Capital Carryover2,845,557(743,227)d2,102,330
<br />Total Capital Projects2,945,557542,7553,488,312
<br />Non-Departmental
<br /> Balance Available156,101512,836a,b,c,d668,937
<br />156,101
<br />Total Non-Departmental512,836668,937
<br />TOTAL REQUIREMENTS3,101,6581,055,5914,157,249
<br />312 Road Capital Projects Fund
<br />Beginning Working Capital Reconciliation:
<br />a) Decrease the budgeted Beginning Working Capital
<br />by $1,585,864 and reduce Balance Available by the same amount. The adjustment brings the FY08
<br />Budgeted Beginning Working Capital in compliance with the audited FY07 actual revenues and
<br />expenditures as determined by Isler & Company, LLC, the City's external auditor.
<br />Recognize new contract revenue
<br />b)of $1,172,628 and decrease Balance Available by $113,354 to
<br />establish capital appropriation of $1,285,982 for externally funded projects.
<br />Re-budget
<br />c) intergovernmental revenue of $1,468,827 supporting already budgeted capital projects
<br />and increase Balance Available by the same amount.
<br />Capital Carryover Reconciliation:
<br />d) Decrease the capital carryover by $743,227 and increase
<br />Balance Available by the same amount. This action reconciles the FY08 Capital Carryover Estimate
<br />to the actual ending FY07 capital projects balanace and carry forward.
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