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340 Transportation Capital Projects Fund
<br />FY20 FY20 FY20
<br />Adopted SB1 Action Revised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL 42,785,756 (22,051,465)a 20,734,291
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Taxes 3,100,000 0 3,100,000
<br /> Intergovernmental 2,955,000 21,808,206 b,c 24,763,206
<br /> Rental 35,000 0 35,000
<br /> Miscellaneous 116,000 0 116,000
<br /> Interfund Transfers 1,950,000 0 1,950,000
<br /> Special Payments 9,915,000 0 9,915,000
<br />Total Revenue 18,071,000 21,808,206 39,879,206
<br />TOTAL RESOURCES 60,856,756 (243,259)60,613,497
<br />II.REQUIREMENTS
<br />Capital Projects
<br /> Capital Projects 17,955,000 1,866,526 c,d 19,821,526
<br /> Capital Carryover 41,129,767 (3,254,464)e 37,875,303
<br />Total Capital Projects 59,084,767 (1,387,938)57,696,829
<br />Non-Departmental
<br /> Balance Available 1,771,989 1,144,679 a,b,d,e 2,916,668
<br />Total Non-Departmental 1,771,989 1,144,679 2,916,668
<br />TOTAL REQUIREMENTS 60,856,756 (243,259)60,613,497
<br />340 Transportation Capital Projects Fund
<br />a) Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital by
<br />$22,051,465 and decrease Balance Available by the same amount. This adjustment brings the FY20
<br />budgeted Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures
<br />as determined by Isler CPA, the City's external auditor.
<br />b) Reappropriations: Reappropriate $21,028,225 in Intergovernmental revenue for previous years' grants
<br />and increase Balance Available by the same amount.
<br />e) Capital Carryover Reconciliation: Decrease Capital Carryover appropriations by $3,254,464 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) New Revenues: Recognize Intergovernmental revenue associated with ODOT grants and City of Coburg
<br />in the amount of $779,981 for the Coburg Loop project and increase Capital Projects appropriations by the
<br />same amount.
<br />d) One-Time Funding Requests: Increase Capital Projects appropriation by $1,086,545 for City tree capital
<br />projects ($86,545) and Railroad Quiet Zone - West ($1,000,000) and decrease Balance Available by the same
<br />amount.
<br />December 9, 2019, Meeting – Item 4CC Agenda - Page 316
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