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630 Professional Services Fund
<br />FY19 FY19 FY19
<br />Adopted SB1 Action Revised
<br />I. RESOURCES
<br />BEGINNING WORKING CAPITAL 328,483 731,284 a 1,059,767
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Charges for Services 7,430,586 250,000 b 7,680,586
<br /> Miscellaneous 14,000 0 14,000
<br />Total Revenue 7,444,586 250,000 7,694,586
<br />TOTAL RESOURCES 7,773,069 981,284 8,754,353
<br />II. REQUIREMENTS
<br />Department Operating
<br /> Public Works 6,747,126 250,000 b 6,997,126
<br />Total Department Operating 6,747,126 250,000 6,997,126
<br />Non-Departmental
<br /> Interfund Transfers 684,000 0 684,000
<br /> Reserves 319,250 0 319,250
<br /> Balance Available 22,693 731,284 a 753,977
<br />Total Non-Departmental 1,025,943 731,284 1,757,227
<br />TOTAL REQUIREMENTS 7,773,069 981,284 8,754,353
<br />630 Professional Services Fund
<br />a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
<br />$731,284 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 />b) One-Time Funding Requests: Increase Public Works Department operating appropriations by $250,000 for
<br />additional staffing to support capital projects associated with the Parks and Recreation capital bond measure
<br />and increase Charges for Services revenue due to internal service fund charges that will be billed to the capital
<br />projects.
<br />37 December 10, 2018, Meeting – Item 5
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