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340 Transportation Capital Projects Fund
<br />FY17FY17FY17
<br />doptedSB1 ActionRevised
<br />A
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />14,789,219(9,288,908)5,500,311
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Taxes2,880,00002,880,000
<br /> Intergovernmental3,720,6627,707,90011,428,562
<br />c,d
<br /> Charges for Services25,00050,52175,521
<br />c
<br /> Miscellaneous16,000016,000
<br /> Interfund Transfers30,000030,000
<br /> Fiscal Transactions8,600,0004,170,24012,770,240
<br />a
<br />Total Revenue15,271,66211,928,66127,200,323
<br />TOTAL RESOURCES30,060,8812,639,75332,700,634
<br />II.REQUIREMENTS
<br />Capital Projects
<br /> Capital Projects15,283,6624,609,14019,892,802
<br />c
<br /> Capital Carryover13,324,347(2,431,499)10,892,848
<br />b
<br />Total Capital Projects28,608,0092,177,64130,785,650
<br />Non-Departmental
<br /> Debt Service10,000010,000
<br /> Balance Available1,442,872462,1121,904,984
<br />a,b,d
<br />Total Non-Departmental1,452,872462,1121,914,984
<br />TOTAL REQUIREMENTS30,060,8812,639,75332,700,634
<br />340 Transportation Capital Projects Fund
<br />a) Decrease the budgeted Beginning Working Capital by $9,288,908,
<br />increase Draws on General Obligation Line of Credit for bonds authorized but not sold in the prior fiscal year by
<br />$4,170,240, and decrease Balance Available by $5,118,668. These adjustments bring the FY17 budgeted Beginning
<br />Working Capital in compliance with the audited FY16 actual revenues and expenditures as determined by Isler &
<br />Company, LLC, the City's external auditor.
<br />b) Decrease capital appropriations by $2,431,499 and increase Balance
<br />Available by the same amount. This adjustment reconciles the FY17 Capital Carryover Estimate to the actual ending
<br />FY16 capital projects balance.
<br />c) Recognize Intergovernmental revenues associated with various grants in the amount of
<br />$4,558,619 and increase Capital Projects appropriation by the same amount for U of O bike share ($197,311), bike
<br />share program ($909,066), bike lockers ($93,499), 13th Avenue: Alder to Olive streets ($450,000), S. Willamette St.
<br />streetscape improvements ($2,000,000) 18th and Oak Patch intersection improvement ($225,000), and Ferry St.
<br />bridge rehab ($683,743). Recognize Charges for Services revenues from Willamette Street: 10th-13th project for tree
<br />replacement in the amount of $50,521 and increase Capital Projects appropriation by the same amount.
<br />d)Reappropriate $3,149,281 in Intergovernmental revenue for previous years grants and
<br />increase Balance Available by the same amount.
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