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310 General Capital Projects Fund
<br />FY17FY17FY17
<br />doptedSB1 ActionRevised
<br />A
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />24,056,742(6,560,498)17,496,244
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Rental15,000015,000
<br /> Miscellaneous16,0001,080,000a1,096,000
<br /> Interfund Transfers3,609,3009,750,000c13,359,300
<br /> Fiscal Transactions03,277,9913,277,991
<br />a
<br />Total Revenue3,640,30014,107,99117,748,291
<br />TOTAL RESOURCES27,697,0427,547,49335,244,535
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Library, Recreation and Cultural Services20,000020,000
<br />Total Department Operating20,000020,000
<br />Capital Projects
<br />4,170,157
<br /> Capital Projects3,120,1571,050,000
<br />c
<br /> Capital Carryover23,180,384(1,748,296)21,432,088
<br />b
<br />Total Capital Projects26,300,541(698,296)25,602,245
<br />Non-Departmental
<br /> Debt Service50,000050,000
<br /> Reserves 26,560026,560
<br /> Balance Available1,299,9418,245,7899,545,730
<br />a,b,c
<br />1,376,501
<br />Total Non-Departmental8,245,7899,622,290
<br />TOTAL REQUIREMENTS27,697,0427,547,49335,244,535
<br />310 General Capital Projects Fund
<br />a) Decrease the budgeted Beginning Working Capital by $6,560,498,
<br />increase Miscellaneous revenue by $1,080,000 to rebudget future revenues for the City Hall funding plan, increase
<br />Fiscal Transactions by $3,277,991 for issuance of the 2006 General Obligation Bonds for parks, athletic fields and
<br />preservation of open space and decrease Balance Available by $2,202,507. This adjustment brings the FY17
<br />budgeted Beginning Working Capital in compliance with the audited FY16 actual revenues and expenditures as
<br />determined by Isler & Company, LLC, the City's external auditor.
<br />b) Decrease capital appropriations by $1,748,296 and increase Balance
<br />Available by $1,748,296. This adjustment reconciles the FY17 Capital Carryover Estimate to the actual ending FY16
<br />capital projects balance.
<br />c) Recognize Interfund Transfer revenue of $9,750,000 from the General Fund,
<br />increase Capital Projects appropriation by $1,050,000 for the General Capital Projects transfer ($900,000) and
<br />Coordinated Downtown Development Initiative ($150,000), and increase Balance Available by $8,700,000 for the
<br />City Hall project.
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