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330 System Development Capital Projects Fund
<br />FY19 FY19 FY19
<br />Adopted SB1 Action Revised
<br />I. RESOURCES
<br />BEGINNING WORKING CAPITAL 30,930,884 613,469 a 31,544,353
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Rental 97,740 0 97,740
<br /> Charges for Services 4,587,231 330,549 b 4,917,780
<br /> Miscellaneous 330,819 0 330,819
<br />Total Revenue 5,015,790 330,549 5,346,339
<br />TOTAL RESOURCES 35,946,674 944,018 36,890,692
<br />II. REQUIREMENTS
<br />Department Operating
<br /> Planning and Development 166,511 0 166,511
<br /> Public Works 506,821 0 506,821
<br />Total Department Operating 673,332 0 673,332
<br />Capital Projects
<br /> Capital Projects 8,550,000 1,633,177 b,c 10,183,177
<br /> Capital Carryover 15,525,272 (816,948) c,d 14,708,324
<br />Total Capital Projects 24,075,272 816,229 24,891,501
<br />Non-Departmental
<br /> Interfund Transfers 58,000 81,605 c 139,605
<br /> Balance Available 11,140,070 46,184 a,b,c,d 11,186,254
<br />11,198,070 127,789 11,325,859
<br />TOTAL REQUIREMENTS 35,946,674 944,018 36,890,692
<br />330 System Development Capital Projects Fund
<br />a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
<br />$613,469 and increase Balance Available by the same amount. This adjustment brings the FY19 Budgeted
<br />Beginning Working Capital in compliance with the audited FY18 actual revenues and expenditures as
<br />determined by Isler & Company, LLC, the City's external auditor.
<br />d) Capital Carryover Reconciliation: Decrease capital appropriations by $735,343 and increase Balance
<br />Available by the same amount. This adjustment reconciles the FY19 Capital Carryover Estimate to the actual
<br />ending FY18 capital projects balance.
<br />b) New Revenues: Recognize Charges for Services revenue in the amount of $330,549 for System
<br />Development Charges for Striker Field and the Shadowview extension and increase Capital Projects
<br />appropriations by the same amount.
<br />c) One-Time Funding Requests: Increase Capital Projects appropriation by $1,302,628 for Amazon Park
<br />projects ($688,474), the Amazon Active Corridor project ($450,000), and for the Stormwater Low Impact
<br />Development project ($164,154). Decrease Balance Available by $1,302,628 to provide funding for these
<br />projects. Increase Interfund Transfers to the Transportation Capital Projects Fund in the amount of $81,605 to
<br />consolidate capital projects related to City trees and decrease Capital Carryover appropriation by the same
<br />amount.
<br />25 December 10, 2018, Meeting – Item 5
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