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131 Road Fund
<br />FY08FY08FY08
<br />AdoptedSB1 ActionRevised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />4,697,583
<br />4,268,084429,499
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Licenses/Permits290,0000290,000
<br /> Intergovernmental7,000,00007,000,000
<br /> Rental50,000050,000
<br /> Charges for Services90,000090,000
<br /> Miscellaneous300,5000300,500
<br /> Interfund Transfers040,00040,000
<br />c
<br />Total Revenue7,730,50040,0007,770,500
<br />TOTAL RESOURCE11,998,58469,49912,468,083
<br />S4
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Public Works9,126,143(91,125)9,035,018
<br />b,c
<br />Total Department Operating9,126,143(91,125)9,035,018
<br />Non-Departmental
<br /> Interfund Transfers462,0000462,000
<br /> Balance Available2,410,441560,6242,971,065
<br />a,b
<br />Total Non-Departmental 2,872,441560,6243,433,065
<br />TOTAL REQUIREMENT11,998,58469,49912,468,083
<br />S4
<br />131 Road Fund
<br />Beginning Working Capital Reconciliation:
<br />a) Increase the budgeted Beginning Working Capital by $429,499
<br />and increase Balance Available by the same amount. The increase 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 />Encumbrance Estimate Reconciliation:
<br />b) Reduce the Public Works Department operating appropriation by
<br />$131,125 to reconcile the amount estimated for payment of obligations incurred but not paid in FY07 to the actual
<br />amount paid and increase Balance Available by $131,125.
<br />General Fund Contingency:
<br />c) Recognize $40,000 in transfer revenue from the General Fund Contingency
<br />Account approved by City Council as one-time funding in the department operating budget for implementation of
<br />the West Eugene Collaborative.
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