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539 Stormwater Utility Fund
<br />FY19 FY19 FY19
<br />Adopted SB1 Action Revised
<br />I. RESOURCES
<br />BEGINNING WORKING CAPITAL 11,504,146 1,195,865 a 12,700,011
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Licenses/Permits 155,000 0 155,000
<br /> Intergovernmental 9,000 1,056,229 b,c 1,065,229
<br /> Rental 0 0 0
<br /> Charges for Services 19,320,239 0 19,320,239
<br /> Miscellaneous 71,125 0 71,125
<br />Total Revenue 19,555,364 1,056,229 20,611,593
<br />TOTAL RESOURCES 31,059,510 2,252,094 33,311,604
<br />II. REQUIREMENTS
<br />Department Operating
<br /> Public Works 16,574,573 383,485 b,c 16,958,058
<br />Total Department Operating 16,574,573 383,485 16,958,058
<br />Capital Projects
<br /> Capital Projects 2,665,000 56,160 c,e 2,721,160
<br /> Capital Carryover 5,552,835 (258,428) d,e 5,294,407
<br />Total Capital Projects 8,217,835 (202,268)8,015,567
<br />Non-Departmental
<br /> Interfund Transfers 1,351,000 39,645 e 1,390,645
<br /> Special Payments 15,000 0 15,000
<br /> Balance Available 4,901,102 2,031,232 a,b,d 6,932,334
<br />Total Non-Departmental 6,267,102 2,070,877 8,337,979
<br />TOTAL REQUIREMENTS 31,059,510 2,252,094 33,311,604
<br />539 Stormwater Utility Fund
<br />a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
<br />$1,195,865 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 />c) New Revenues: Recognize Intergovernmental revenue in the amount of $123,160 for a BLM Native Plant
<br />Materials grant ($53,160) and a BLM Fuels Reduction grant ($70,000). Increase Public Works Department
<br />operating appropriations by $70,000 and Capital Projects appropriations by $53,160.
<br />b) Reappropriations: Recognize Intergovernmental revenues supporting previously budgeted Stormwater
<br />operating grants in the amount of $933,069, increase Public Works Department operating appropriations by
<br />$313,485, and increase Balance Available by $619,584.
<br />d) Capital Carryover Reconciliation: Decrease Capital Carryover appropriation by $218,783 and increase
<br />Balance Available by the same amount. This adjustment reconciles the FY19 Capital Carryover Estimate to
<br />the actual ending FY18 capital projects balance.
<br />e) One-Time Funding Requests: Increase Interfund Transfer expendittures to the Transportation Capital
<br />Fund in the amount of $39,645 to consolidate all capital projects related to City trees and decrease Capital
<br />Carryover appropriations by the same amount. Increase Capital Projects appropriation by $3,000 for City tree
<br />replacement and decrease Balance Available by the same amount.
<br />31 December 10, 2018, Meeting – Item 5
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