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131 Road Fund
<br />FY20 FY20 FY20
<br />Adopted SB1 Action Revised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL 3,283,519 1,197,097 a 4,480,616
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Licenses/Permits 2,179,000 0 2,179,000
<br /> Intergovernmental 12,898,000 954,316 b,c,e 13,852,316
<br /> Rental 100,000 0 100,000
<br /> Charges for Services 382,500 0 382,500
<br /> Miscellaneous 243,790 0 243,790
<br />Total Revenue 15,803,290 954,316 16,757,606
<br />TOTAL RESOURCES 19,086,809 2,151,413 21,238,222
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Public Works 14,913,111 1,001,339 b,c,d,e 15,914,450
<br />Total Department Operating 14,913,111 1,001,339 15,914,450
<br />Non-Departmental
<br /> Interfund Transfers 2,947,000 0 2,947,000
<br /> Balance Available 1,226,698 1,150,074 a,b,d 2,376,772
<br />Total Non-Departmental 4,173,698 1,150,074 5,323,772
<br />TOTAL REQUIREMENTS 19,086,809 2,151,413 21,238,222
<br />131 Road Fund
<br />a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
<br />$1,197,097 and increase Balance Available by the same amount. This adjustment brings the FY20 budgeted
<br />Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
<br />determined by Isler CPA, the City's external auditor.
<br />d) Encumbrance Estimate Reconciliation: Decrease Public Works Department operating appropriations by
<br />$11,735 to reconcile the amount estimated for payment of obligations incurred but not paid in FY19 to the
<br />actual amount paid, and increase Balance Available by the same amount.
<br />b) Reappropriations: Reappropriate $525,166 in Intergovernmental revenue for previous years grants and
<br />increase Public Works Department operating appropriations by the same amount. Reappropriate $58,758 in
<br />Public Works Department Operating appropriations for Median Design projects and decrease Balance
<br />Available by the same amount.
<br />c) New Revenues: Recognize $425,000 in Intergovernmental revenue in ODOT grants for the SmartTrips
<br />Active Downtown and Transportation Demand Management grants and increase Public Works Department
<br />operating appropriations by the same amount.
<br />e) One-Time Funding Requests: Increase Intergovernmental revenue by $4,150 and increase Public Works
<br />Department operating appropriations for the I-105 Bike Share Grant by the same amount.
<br />December 9, 2019, Meeting – Item 4CC Agenda - Page 305
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