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170 Community Development Fund
<br />FY19 FY19 FY19
<br />Adopted SB1 Action Revised
<br />I. RESOURCES
<br />BEGINNING WORKING CAPITAL 5,550,480 (1,413,964) a 4,136,516
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Intergovernmental 5,451,912 1,442,480 b,c 6,894,392
<br /> Charges for Services 5,000 50,000 c 55,000
<br /> Miscellaneous 709,720 0 709,720
<br /> Fiscal Transactions 2,995,600 0 2,995,600
<br />Total Revenue 9,162,232 1,492,480 10,654,712
<br />TOTAL RESOURCES 14,712,712 78,516 14,791,228
<br />II. REQUIREMENTS
<br />Department Operating
<br /> Planning and Development 3,244,642 299,019 a,b,c,d,e 3,543,661
<br />Total Department Operating 3,244,642 299,019 3,543,661
<br />Capital Projects
<br /> Capital Projects 241,614 138,716 a 380,330
<br /> Capital Carryover 488,642 0 488,642
<br />Total Capital Projects 730,256 138,716 868,972
<br />Non-Departmental
<br /> Debt Service 373,395 0 373,395
<br /> Interfund Transfers 127,000 0 127,000
<br /> Special Payments 8,795,847 (388,783) a,c,d 8,407,064
<br /> Reserves 1,191,572 14,289 a 1,205,861
<br /> Balance Available 250,000 15,275 e 265,275
<br />Total Non-Departmental 10,737,814 (359,219)10,378,595
<br />TOTAL REQUIREMENTS 14,712,712 78,516 14,791,228
<br />170 Community Development Fund
<br />a) Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital by
<br />$1,413,964, decrease Planning and Development Department operating appropriation by $537,426, increase
<br />Capital Projects appropriation by $138,716, decrease Special Payments by $1,029,543, and increase Reserves
<br />by $14,289. These adjustments bring the FY19 budgeted Beginning Working Capital in compliance with the
<br />audited FY18 actual revenues and expenditures as determined by Isler & Company, LLC, the City's external
<br />auditor.
<br />e) Encumbrance Estimate Reconciliation: Reduce Planning and Development Department operating
<br />appropriations by $15,275 to reconcile the amount estimated for payment of obligations incurred but not paid in
<br />FY18 to the actual amount paid, and increase Balance Available by the same amount.
<br />b) Reappropriations: Reappropriate $433,373 in Intergovernmental Revenue for previous years HUD CDBG
<br />and EPA Brownfields Coalition Assessment grants and increase Planning and Development Department
<br />operating appropriations by the same amount.
<br />c) New Revenues: Increase in Intergovernmental revenue ($59,107) and Charges for Services revenue
<br />($50,000) for environmental review of HUD CDBG projects, and increase Planning and Development
<br />Department operating appropriations by $109,107. Recognize Intergovernmental revenue in the amount of
<br />$950,000 from HUD CDBG grants, increase Planning and Development Department operating appropriations by
<br />$300,000, and increase Special Payments by $650,000.
<br />d) One-Time Funding Requests: Decrease Special Payments by $9,240 for recognition of interest on Historical
<br />Grants that will be used for local grants to maintain historical properties and increase Planning and Development
<br />Department operating appropriations by the same amount.
<br />20 December 10, 2018, Meeting – Item 5
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