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520 Parking Services Fund
<br />FY08FY08FY08
<br />AdoptedSB1 ActionRevised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />6,100,886141,5266,242,412
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Rental576,3000576,300
<br /> Charges for Services3,106,10003,106,100
<br /> Fines/Forfeitures1,043,20001,043,200
<br /> Miscellaneous142,7000142,700
<br /> Interfund Transfers07,5007,500
<br />b
<br />Total Revenue4,868,3007,5004,875,800
<br />TOTAL RESOURCES10,969,186149,02611,118,212
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Central Services456,2320456,232
<br /> Planning and Development2,786,41802,786,418
<br /> Public Works71,942071,942
<br />Total Department Operating3,314,59203,314,592
<br />Capital Projects
<br /> Capital Projects370,0007,500377,500
<br />b
<br />Total Capital Projects370,0007,500377,500
<br />Non-Departmental
<br /> Debt Service677,4060677,406
<br /> Interfund Transfers3,181,60003,181,600
<br /> Intergovernmental Expend.945,000(10,886)934,114
<br />a
<br /> Reserve 1,543,643(7,257)1,536,386
<br />a
<br /> Balance Available936,945159,6691,096,614
<br />a
<br />Total Non-Departmental 7,284,594141,5267,426,120
<br />TOTAL REQUIREMENTS10,969,18149,0211,118,21
<br />662
<br />520 Parking Services Fund
<br />Beginning Working Capital Reconciliation:
<br />a) Increase the budgeted Beginning Working Capital by $141,526
<br />across all the subfunds. The offsets are a decrease to intergovernmental expenditures of $10,886 to close out the
<br />East Broadway Parking Garage Subfund; a decrease the Debt Service Reserve in the Parking Debt Service
<br />Subfund by $7,257 as it does not carry a Balance Available account, and finally an increase to Balance Available
<br />across the remaining Parking subfunds of $159,669 in order to bring the adjustments in balance with the actual
<br />audited beginning working capital as determined by the City's external auditor, Isler & Company, LLC.
<br />:
<br />General Fund Contingency
<br />b) Recognize transfer of $7,500 from the General Fund's contingency account to
<br />reimburse for Eugene Celebration free parking. The funding will be used to improve capital maintenance in the
<br />garages. The City Council approved the reimbursement on 8/13/2007.
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