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131 Road Fund
<br />FY17FY17FY17
<br />doptedSB1 ActionRevised
<br />A
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />2,784,223563,739a3,347,962
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Licenses/Permits1,928,50001,928,500
<br /> Intergovernmental10,343,114721,598d11,064,712
<br /> Rental57,500057,500
<br /> Charges for Services113,7000113,700
<br /> Miscellaneous146,6000146,600
<br />Total Revenue12,589,414721,59813,311,012
<br />TOTAL RESOURCES15,373,6371,285,33716,658,974
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Public Works12,312,222469,385b,c,d12,781,607
<br />Total Department Operating12,312,222469,38512,781,607
<br />Non-Departmental
<br /> Interfund Transfers965,0000965,000
<br /> Balance Available2,096,415815,952a,b,c2,912,367
<br />Total Non-Departmental 3,061,415815,9523,877,367
<br />TOTAL REQUIREMENTS15,373,6371,285,33716,658,974
<br />131 Road Fund
<br />a) Increase the budgeted Beginning Working Capital by $563,739
<br />and increase Balance Available by the same amount. This adjustment brings the FY17 budgeted Beginning Working
<br />Capital in compliance with the audited FY16 actual revenues and expenditures as determined by Isler & Company,
<br />LLC, the City's external auditor.
<br />b) Reduce Public Works Department operating appropriations by
<br />$363,847 to reconcile the amount estimated for payment of obligations incurred but not paid in FY16 to the actual
<br />amount paid, and increase Balance Available by the same amount.
<br />c) Increase Public Works Department operating appropriations by $111,634 for off-street
<br />pedestrian bridges project not completed in the prior fiscal year and decrease Balance Available by the same
<br />amount.
<br />d) Recognize Intergovernmental revenue in the amount of $721,598 for various grants including
<br />ODOT for Franklin Blvd. Facility Plan & NEPA documentation ($425,000), grant from LTD for Moving Ahead
<br />($134,173), grant from ODOT for multimodal street design standards ($97,461), and ODOT/NHTSA for Vision Zero
<br />($64,964) and increase Public Works Department operating appropriations by the same amount.
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