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539 Stormwater Utility Fund
<br />FY20 FY20 FY20
<br />Adopted SB1 Action Revised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL 13,664,963 464,932 a 14,129,895
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Licenses/Permits 172,000 0 172,000
<br /> Intergovernmental 9,000 709,527 b,c 718,527
<br /> Charges for Services 20,303,112 0 20,303,112
<br /> Miscellaneous 292,000 0 292,000
<br />Total Revenue 20,776,112 709,527 21,485,639
<br />TOTAL RESOURCES 34,441,075 1,174,459 35,615,534
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Public Works 17,617,703 (16,306)b,c,f 17,601,397
<br />Total Department Operating 17,617,703 (16,306)17,601,397
<br />Capital Projects
<br /> Capital Projects 2,915,000 5,300 e 2,920,300
<br /> Capital Carryover 5,734,614 361,158 d 6,095,772
<br />Total Capital Projects 8,649,614 366,458 9,016,072
<br />Non-Departmental
<br /> Interfund Transfers 1,202,000 0 1,202,000
<br /> Special Payments 15,000 0 15,000
<br /> Balance Available 6,956,758 824,307 a,b,d,e,f 7,781,065
<br />Total Non-Departmental 8,173,758 824,307 8,998,065
<br />TOTAL REQUIREMENTS 34,441,075 1,174,459 35,615,534
<br />539 Stormwater Utility Fund
<br />a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by $464,932
<br />and increase Balance Available by the same amount. This adjustment brings the FY20 Budgeted Beginning
<br />Working Capital in compliance with the audited FY19 actual revenues and expenditures as determined by Isler
<br />CPA, the City's external auditor.
<br />c) New Revenues: Recognize Intergovernmental revenue in the amount of $47,000 for a BLM Native Plant
<br />Materials grant and increase Public Works Department operating appropriations by the same amount.
<br />b) Reappropriations: Recognize Intergovernmental revenues supporting previously budgeted Stormwater
<br />operating grants in the amount of $662,527, increase Public Works Department operating appropriations by
<br />$204,882, and increase Balance Available by $457,645.
<br />d) Capital Carryover Reconciliation: Decrease Capital Carryover appropriation by $361,158 and decrease
<br />Balance Available by the same amount. This adjustment reconciles the FY20 Capital Carryover Estimate to the
<br />actual ending FY19 capital projects balance.
<br />e) One-Time Funding Requests: Increase Capital Projects by $5,300 for City Trees project and decrease
<br />Balance Available by the same amount.
<br />f) Encumbrance Estimate Reconciliation: Reduce the Public Works Department operating appropriations by
<br />$268,188 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.December 9, 2019, Meeting – Item 4CC Agenda - Page 321
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