|
630 Professional Services Fund
<br />FY20 FY20 FY20
<br />Adopted SB1 Action Revised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL 396,624 690,113 a 1,086,737
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Charges for Services 8,357,896 300,000 b 8,657,896
<br /> Miscellaneous 18,000 0 18,000
<br />Total Revenue 8,375,896 300,000 8,675,896
<br />TOTAL RESOURCES 8,772,520 990,113 9,762,633
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Public Works 7,611,994 296,137 b,c 7,908,131
<br />Total Department Operating 7,611,994 296,137 7,908,131
<br />Non-Departmental
<br /> Interfund Transfers 753,000 0 753,000
<br /> Reserves 307,100 0 307,100
<br /> Balance Available 100,426 693,976 a,c 794,402
<br />Total Non-Departmental 1,160,526 693,976 1,854,502
<br />TOTAL REQUIREMENTS 8,772,520 990,113 9,762,633
<br />630 Professional Services Fund
<br />a) Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital by
<br />$690,113 and increase Balance Available by the same amount. This adjustment brings the FY20 budgeted
<br />Beginning Working Capital in compliance with the audited FY19 actual revenues and expenditures as
<br />determined by Isler CPA, the City's external auditor.
<br />b) One-Time Funding Requests: Increase Public Works Department operating appropriations by $300,000
<br />for additional staffing to support capital projects associated with the Parks and Recreation capital bond
<br />measure and increase Charges for Services revenue due to internal service fund charges that will be billed to
<br />the capital projects.
<br />c) Encumbrance Estimate Reconciliation: Reduce the Public Works Department operating appropriations
<br />by $3,863 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.
<br />December 9, 2019, Meeting – Item 4CC Agenda - Page 327
|