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350 Special Assessment Capital Project Fund
<br />FY07FY07FY07
<br />doptedSB1 ActionRevised
<br />A
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITA
<br />L1,498,328369,678a1,868,006
<br />CHANGE TO WORKING CAPITA
<br />L
<br />REVENUE
<br /> Miscellaneous97,000097,000
<br /> Interfund Transfers50,000050,000
<br /> Fiscal Transactions3,826,378(305,257)a,c3,521,121
<br />Total Revenue3,973,378(305,257)3,668,121
<br />TOTAL RESOURCE5,471,70664,4215,536,127
<br />S
<br />II.REQUIREMENTS
<br />Capital Projects
<br /> Capital Projects300,0000300,000
<br /> Capital Carryover 2,390,95056,755b2,447,705
<br />Total Capital Projects2,690,95056,7552,747,705
<br />Non-Departmental
<br /> Debt Service1,500,00001,500,000
<br /> Interfund Loans00
<br /> Interfund Transfers40,000040,000
<br /> Misc. Fiscal Transactions00
<br /> Intergovernmental Expend.00
<br /> Reserve 00
<br /> Balance Available1,240,7567,666a,b,c1,248,422
<br />Total Non-Departmental2,780,7567,6662,788,422
<br />TOTAL REQUIREMENT5,471,70664,4215,536,127
<br />S
<br />350 Special Assessment Capital Project Fund
<br />a) Increase the budgeted Beginning Working Capital by $369,678 and increase Balance Available by the same
<br />amount. These adjustments bring the FY07 Budgeted Beginning Working Capital in compliance with the audited
<br />FY06 actual revenues and expenditures as determined by Grove, Mueller & Swank P.C., the City's external
<br />auditor.
<br />b) Increase the capital carryover by $56,755, increase the line of credit account by $26,664 and decrease
<br />Balance Available by $30,091. The adjustments reconcile the FY07 Capital Carryover Estimate to the actual
<br />ending FY06 capital projects balance and carry forward.
<br />c) Decrease the estimate of draws on the Line of Credit for future special assessment improvements by $331,921
<br />and decrease Balance Available by the same amount.
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