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812 Urban Renewal Agency Downtown Debt Service
<br />FY08FY08FY08
<br />doptedSB1 ActionRevised
<br />A
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITA
<br />L6,797,25476,6676,873,921
<br />a
<br />CHANGE TO WORKING CAPITA
<br />L
<br />REVENUE
<br /> Taxes3,720,00003,720,000
<br /> Miscellaneous150,0000150,000
<br />Total Revenue3,870,00003,870,000
<br />TOTAL RESOURCE10,667,2576,66710,743,921
<br />S4
<br />II.REQUIREMENTS
<br />Non-Departmental
<br /> Interfund Transfers303,752350,000653,752
<br />b
<br /> Intergovernmental Expend.2,380,0002,380,000
<br /> Reserve2,500,0002,500,000
<br /> Balance Available5,483,502(273,333)5,210,169
<br />a,b
<br />Total Non-Departmental10,667,25476,66710,743,921
<br />TOTAL REQUIREMENT10,667,2576,66710,743,921
<br />S4
<br />812 Urban Renewal Agency Downtown Debt Service
<br />Beginning Working Capital Reconciliation:
<br />a) Increase the budgeted Beginning Working
<br />Capital by $76,667 and increase Balance Available by the same amount. The adjustment brings
<br />the FY08 Budgeted Beginning Working Capital in compliance with the audited FY07 actual
<br />revenues and expenditures as determined by Isler & Company, LLC, the City's external auditor.
<br />West Broadway Development Project
<br />b)- Transfer $350,000 to the Urban Renewal Agency
<br />
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