|
111 Library Local Option Levy Fund
<br />FY08FY08FY08
<br />AdoptedSB1 ActionRevised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />1,600,52912,0391,612,568
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Taxes2,668,53302,668,533
<br /> Rental18,000018,000
<br /> Miscellaneous70,500070,500
<br />Total Revenue2,757,03302,757,033
<br />TOTAL RESOURCES4,357,56212,0394,369,601
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Library, Rec & Cultural Svcs4,153,026(38,135)4,114,891
<br />b
<br />Total Department Operating4,153,026(38,135)4,114,891
<br />Non-Departmental
<br /> Reserve 204,53650,174254,710
<br />a,b
<br />Total Non-Departmental 204,53650,174254,710
<br />TOTAL REQUIREMENTS4,357,56212,0394,369,601
<br />111 Library Local Option Levy Fund
<br />Beginning Working Capital Reconciliation:
<br />a) Increase the budgeted Beginning Working Capital by
<br />$12,039 and increase the Library Levy reserve by the same amount. The increase brings the FY08 Budgeted
<br />Beginning Working Capital in compliance with the audited FY07 actual revenues and expenditures as
<br />determined by Isler & Company, LLC, the City's external auditor.
<br />Encumbrance Estimate Reconciliation:
<br />b) Decrease LRCS Department operating appropriation by $38,135
<br />to reconcile the amount estimated for payment of obligations incurred but not paid in FY07 to the actual amount
<br />paid and increases the Library Levy reserve by the same amount.
<br />
|