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510 Municipal Airport Fund
<br />FY17FY17FY17
<br />doptedSB1 ActionRevised
<br />A
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL12,135,449
<br />20,825,322(8,689,873)
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Intergovernmental5,800,1305,461,20511,261,335
<br />d
<br /> Rental1,168,99301,168,993
<br /> Charges for Services8,908,65208,908,652
<br /> Fines/Forfeitures5,00005,000
<br /> Miscellaneous245,2150245,215
<br />Total Revenue16,127,9905,461,20521,589,195
<br />TOTAL RESOURCES36,953,312(3,228,668)33,724,644
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Fire and Emergency Medical Services880,6710880,671
<br /> Police576,5550576,555
<br /> Public Works8,038,977235,2478,274,224
<br />c,d
<br />Total Department Operating9,496,203235,2479,731,450
<br />Capital Projects
<br /> Capital Projects13,047,643013,047,643
<br /> Capital Carryover7,598,605(2,290,690)5,307,915
<br />b
<br />Total Capital Projects20,646,248(2,290,690)18,355,558
<br />Non-Departmental
<br /> Interfund Transfers603,0000603,000
<br /> Reserves1,387,902(606,842)781,060
<br />a
<br /> Balance Available4,819,959(566,383)4,253,576
<br />a,b,c,d
<br />Total Non-Departmental 6,810,861(1,173,225)5,637,636
<br />TOTAL REQUIREMENTS36,953,312(3,228,668)33,724,644
<br />510 Municipal Airport Fund
<br />a) Decrease the budgeted Beginning Working Capital by
<br />$8,689,873, decrease Airport Reserves by $606,842 and decrease Balance Available by $8,083,031. This
<br />adjustment brings the FY17 Budgeted Beginning Working Capital in compliance with the audited FY16 actual
<br />revenues and expenditures as determined by Isler & Company, LLC, the City's external auditor.
<br />b) Decrease capital appropriations by $2,290,690 and increase Balance
<br />Available by the same amount. This adjustment reconciles the FY17 Capital Carryover Estimate to the actual
<br />ending FY16 capital projects balance.
<br />c) Decrease the Public Works Department operating appropriations by
<br />$257,924 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 />d) Recognize Intergovernmental revenues in the amount of $5,461,205 for supporting
<br />previously budgeted Airport capital projects ($4,968,034) and a previously awarded Small Community Air Service
<br />Development Program ($493,171) increase Balance Available by $4,968,034, and increase Public Works
<br />partment operating appropriations by $493,171.
<br />De
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