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170 Community Development Fund
<br />FY17FY17FY17
<br />doptedSB1 ActionRevised
<br />A
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />6,182,077(2,954,841)a3,227,236
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Intergovernmental5,781,9101,992,753a,d7,774,663
<br /> Charges for Services5,00005,000
<br /> Miscellaneous1,073,34901,073,349
<br /> Fiscal Transactions2,624,16002,624,160
<br />Total Revenue9,484,4191,992,75311,477,172
<br />TOTAL RESOURCES15,666,496(962,088)14,704,408
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Planning and Development3,776,835(500,128)a,b,d,e3,276,707
<br />Total Department Operating3,776,835(500,128)3,276,707
<br />Capital Projects
<br /> Capital Projects73,200073,200
<br /> Capital Carryover1,262,943(45,686)c1,217,257
<br />Total Capital Projects1,336,143(45,686)1,290,457
<br />Non-Departmental
<br /> Debt Service365,3790365,379
<br /> Interfund Transfers105,0000105,000
<br /> Special Payments9,098,915(879,869)a,e8,219,046
<br /> Reserves984,224137,773a1,121,997
<br /> Balance Available0325,822b,c325,822
<br />Total Non-Departmental10,553,518(416,274)10,137,244
<br />TOTAL REQUIREMENTS15,666,496(962,088)14,704,408
<br />170 Community Development Fund
<br />a) Decrease the budgeted Beginning Working Capital by $2,954,841,
<br />increase Intergovernmental revenue by $1,930,018, decrease Planning and Development Department operating
<br />appropriation by $292,727, decrease Special Payments by $869,869 and increase Debt Service Reserves by
<br />$137,773. These adjustments bring the FY17 budgeted Beginning Working Capital in compliance with the audited
<br />FY16 actual revenues and expenditures as determined by Isler & Company, LLC, the City's external auditor.
<br />b) Reduce Planning and Development Department operating
<br />appropriations by $280,136 to reconcile the amount estimated for payment of obligations incurred but not paid in
<br />FY16 to the actual amount paid, and increase Balance Available by the same amount.
<br />c) Decrease capital appropriations by $45,686 and increase Balance Available
<br />by the same amount. This adjustment reconciles the FY17 Capital Carryover Estimate to the actual ending FY16
<br />capital projects balance.
<br />d) Recognize Intergovernmental revenue in the amount of $62,735 from HUD CDBG ($48,560)
<br />and EPA Brownfields Coalition Assessment grant ($14,175) and increase Planning and Development Department
<br />operating appropriations by the same amount.
<br />e)Increase Planning and Development Department operating appropriations by
<br />$10,000 to establish an historic property restoration grant program and decrease Special Payments by the same
<br />amount.
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