|
170 Community Development Fund
<br />FY20 FY20 FY20
<br />Adopted SB1 Action Revised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL 4,703,087 (1,581,155)a 3,121,932
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Intergovernmental 8,261,927 0 8,261,927
<br /> Charges for Services 50,500 0 50,500
<br /> Miscellaneous 765,449 0 765,449
<br /> Special Payments 2,394,000 0 2,394,000
<br />Total Revenue 11,471,876 0 11,471,876
<br />TOTAL RESOURCES 16,174,963 (1,581,155)14,593,808
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Planning and Development 3,586,275 (506,965)a,b 3,079,310
<br />Total Department Operating 3,586,275 (506,965)3,079,310
<br />Capital Projects
<br /> Capital Projects 704,645 (380,330)a 324,315
<br /> Capital Carryover 868,972 (488,642)a 380,330
<br />Total Capital Projects 1,573,617 (868,972)704,645
<br />Non-Departmental
<br /> Debt Service 371,249 0 371,249
<br /> Interfund Transfers 176,000 0 176,000
<br /> Special Payments 8,909,961 (371,916)a 8,538,045
<br /> Reserves 1,257,861 159,893 a 1,417,754
<br /> Balance Available 300,000 6,805 a,b 306,805
<br />Total Non-Departmental 11,015,071 (205,218)10,809,853
<br />TOTAL REQUIREMENTS 16,174,963 (1,581,155)14,593,808
<br />170 Community Development Fund
<br />a) Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital by
<br />$1,581,155, decrease Planning and Development Department operating appropriation by $443,506, decrease
<br />Capital Projects appropriation by $380,330, decrease Capital Carryover by $488,642, decrease Special
<br />Payments by $371,916, increase Reserves by $159,893, and decrease Balance Available by $56,654. These
<br />adjustments bring the FY20 budgeted Beginning Working Capital in compliance with the audited FY19 actual
<br />revenues and expenditures as determined by Isler CPA, the City's external auditor.
<br />b) Encumbrance Estimate Reconciliation: Reduce Planning and Development Department operating
<br />appropriations by $63,459 to reconcile the amount estimated for payment of obligations incurred but not paid
<br />in FY19 to the actual amount paid, and increase Balance Available by the same amount.
<br />December 9, 2019, Meeting – Item 4CC Agenda - Page 310
|