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600 Fleet Services Fund
<br />FY08FY08FY08
<br />AdoptedSB1 ActionRevised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />5,437,2432,223,9577,661,200
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Intergovernmental01,8141,814
<br />c
<br /> Rental21,000021,000
<br /> Charges for Services7,070,37907,070,379
<br /> Miscellaneous1,471,00001,471,000
<br /> Interfund Transfers1,353,60001,353,600
<br /> Fiscal Transactions199,8050199,805
<br />Total Revenue10,115,7841,81410,117,598
<br />TOTAL RESOURCES15,553,0272,225,77117,778,798
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Public Works9,400,4251,233,61110,634,036
<br />c,d,e
<br />Total Department Operating9,400,4251,233,61110,634,036
<br />Capital Projects
<br /> Capital Carryover22,648(1,215)21,433
<br />b
<br />Total Capital Projects22,648(1,215)21,433
<br />Non-Departmental
<br /> Interfund Transfers353,0000353,000
<br /> Reserve 5,428,651803,4556,232,106
<br />a,d,e
<br /> Balance Available348,303189,920538,223
<br />a,b,e
<br />Total Non-Departmental6,129,954993,3757,123,329
<br />TOTAL REQUIREMENTS15,553,0272,225,77117,778,798
<br />600 Fleet Services Fund
<br />Beginning Working Capital Reconciliation:
<br />a)Increase Beginning Working Capital by $2,223,957, reappropriate
<br />$1,276,065 to complete the FY07 approved fleet replacement purchases, increase the Fleet Service Reserve by
<br />$2,048,333, and increase Balance Available by $175,624. The adjustment brings the FY08 Budgeted Beginning
<br />Working Capital in compliance with the audited FY07 actual revenues and expenditures as determined by Isler &
<br />Company, LLC, the City's external auditor.
<br />Capital Carryover Reconciliation:
<br />b) Decrease the Capital budget by $1,215 and increasing Balance Available by
<br />the same amount. This action reconciles the FY08 Capital Carryover Estimate to the actual ending FY07 capital
<br />projects balance and carry forward.
<br />Grant:
<br />c)Recognize Department of Homeland Security grant revenue of $1,814 and increase Public Works operating
<br />appropriation by the same amount.
<br />Reappropriation:
<br />d) Increase the Public Works operating budget by $1,276,065 to complete FY07 approved fleet
<br />replacement purchases. Decrease the Fleet Service Reserve by the same amount.
<br />Encumbrance Estimate Reconciliation:
<br />e)Decrease the Public Works Department operating appropriation by
<br />$44,268, increase Reserves by $31,187, and increase Balance Available by $13,081 to reconcile the amount estimated
<br />for payment of obligations incurred but not paid in FY07 to the actual amount paid.
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