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539 Stormwater Utility Fund
<br />FY08FY08FY08
<br />AdoptedSB1 ActionRevised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />8,485,354(472,822)8,012,532
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Licenses/Permits135,0000135,000
<br /> Intergovernmental14,500512,942527,442
<br />b,d
<br /> Rental29,000029,000
<br /> Charges for Services11,351,503011,351,503
<br /> Fines/Forfeitures5000500
<br /> Miscellaneous370,2080370,208
<br /> Interfund Transfers15,000015,000
<br />Total Revenue11,915,711512,94212,428,653
<br />TOTAL RESOURCES20,401,06540,12020,441,185
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Public Works10,367,989(40,218)10,327,771
<br />e
<br />Total Department Operating10,367,989(40,218)10,327,771
<br />Capital Projects
<br /> Capital Projects1,566,000366,3401,932,340
<br />b
<br /> Capital Carryover 4,109,219(253,572)3,855,647
<br />c
<br />Total Capital Projects5,675,219112,7685,787,987
<br />Non-Departmental
<br /> Interfund Transfers579,0000579,000
<br /> Intergovernmental Expend.15,203015,203
<br /> Balance Available3,763,654(32,430)3,731,224
<br />a,c,d,e
<br />Total Non-Departmental4,357,857(32,430)4,325,427
<br />TOTAL REQUIREMENTS20,401,06540,12020,441,185
<br />539 Stormwater Utility Fund
<br />Beginning Working Capital Reconciliation:
<br />a)Decrease the budgeted Beginning Working Capital by $472,822 and
<br />decrease Balance Available by the same amount. The decrease brings the FY08 Budgeted Beginning Working Capital in
<br />compliance with the audited FY07 actual revenues and expenditures as determined by Isler & Company, LLC, the City's
<br />external auditor.
<br />Recognize new contract revenue
<br />b) of $366,340 and establish capital appropriation of the same amount for externally
<br />funded projects.
<br />Capital Carryover Reconciliation:
<br />c)Decrease the capital carryover by $253,572 and increase Balance Available by the
<br />same amount. This change reconciles the FY08 Capital Carryover Estimate to the actual ending FY07 capital projects
<br />balance and carry forward.
<br />Rebudget
<br />d) intergovernmental revenue of $146,602 supporting already budgeted capital projects and increase Balance
<br />Available by the same amount.
<br />Encumbrance Estimate Reconciliation:
<br />e)Decrease the Public Works Department operating appropriation by $40,218
<br />to reconcile the amount estimated for payment of obligations incurred but not paid in FY07 to the actual amount paid and
<br />increase Balance Available by the same amount.
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