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600 Fleet Services Fund
<br />FY20 FY20 FY20
<br />Adopted SB1 Action Revised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL 16,196,730 5,855,956 a 22,052,686
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Rental 66,750 0 66,750
<br /> Charges for Services 10,629,181 0 10,629,181
<br /> Miscellaneous 838,845 0 838,845
<br /> Interfund Transfers 1,550,000 185,310 1,735,310
<br /> Special Payments 120,000 0 120,000
<br />Total Revenue 13,204,776 185,310 13,390,086
<br />TOTAL RESOURCES 29,401,506 6,041,266 35,442,772
<br />II.
<br />REQUIREMENTS
<br />Department Operating
<br /> Public Works 13,863,531 4,561,733 b,c 18,425,264
<br />Total Department Operating 13,863,531 4,561,733 18,425,264
<br />Non-Departmental
<br /> Interfund Transfers 460,000 0 460,000
<br /> Reserves 14,141,609 1,355,194 a,c 15,496,803
<br /> Balance Available 936,366 124,339 a,b 1,060,705
<br />Total Non-Departmental 15,537,975 1,479,533 17,017,508
<br />TOTAL REQUIREMENTS 29,401,506 6,041,266 35,442,772
<br />600 Fleet Services Fund
<br />a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
<br />$5,855,956, increase Reserves by $6,224,093, and decrease Balance Available by $368,137. 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 />c) Reappropriations: Increase Public Works Department operating appropriations by $4,868,899 for the
<br />purchase of motor vehicles and decrease Reserves by the same amount.
<br />b) Encumbrance Estimate Reconciliation: Decrease the Public Works Department operating
<br />appropriations by $492,476 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 323
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