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310 General Capital Projects Fund
<br />FY20 FY20 FY20
<br />Adopted SB1 Action Revised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL 56,409,937 (1,205,614)a 55,204,323
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Intergovernmental 0 103,496 b 103,496
<br /> Rental 0 0 0
<br /> Charges for Services 0 0 0
<br /> Miscellaneous 570,000 0 570,000
<br /> Interfund Transfers 3,369,300 1,250,000 c 4,619,300
<br /> Special Payments 0 746,623 a 746,623
<br />Total Revenue 3,939,300 2,100,119 6,039,419
<br />TOTAL RESOURCES 60,349,237 894,505 61,243,742
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Library, Recreation & Cultural Services 20,000 0 20,000
<br />Total Department Operating 20,000 0 20,000
<br />Capital Projects
<br /> Capital Projects 13,312,308 2,253,496 a,b,c,d 15,565,804
<br /> Capital Carryover 27,572,783 (1,512,079)a,e 26,060,704
<br />Total Capital Projects 40,885,091 741,417 41,626,508
<br />Non-Departmental
<br /> Debt Service 0 0 0
<br /> Interfund Transfers 0 0 0
<br /> Reserve 1,776,560 0 1,776,560
<br /> Balance Available 17,667,586 153,088 a,c,d 17,820,674
<br />Total Non-Departmental 19,444,146 153,088 19,597,234
<br />TOTAL REQUIREMENTS 60,349,237 894,505 61,243,742
<br />310 General Capital Projects Fund
<br />a) Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital by
<br />$1,205,614, increase Fiscal Transactions (GO Bond line of credit draws) by $746,623, decrease Capital
<br />Carryover appropriations by $55,555, and decrease Balance Available by $403,436. These adjustments bring
<br />the FY20 Budgeted Beginning Working Capital in compliance with the audited FY19 actual revenues and
<br />expenditures as determined by Isler CPA, the City's external auditor.
<br />b) New Revenues: Recognize Intergovernmental revenue by $103,496 for fire facilities and increase Capital
<br />Projects by the same amount.
<br />d) Capital Carryover Reconciliation: Decrease Capital Carryover appropriations by $1,456,524 and
<br />increase Balance Available by the same amount. This adjustment reconciles the FY20 Capital Carryover
<br />Estimate to the actual ending FY19 capital projects balance.
<br />c) One-Time Funding Requests: Increase Interfund Transfers by $1,250,000 for transfers from the General
<br />Fund, increase capital appropriations by $1,250,000 for Homeless Shelter Options ($900,000) and Railroad
<br />Quiet Zone fencing ($350,000).
<br />December 9, 2019, Meeting – Item 4CC Agenda - Page 314
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