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Attachment A
<br />Transaction Summary
<br />817 Urban Renewal Agency Downtown General Fund
<br />FY20 FY20 FY20
<br />Adopted SB1 Action Revised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL 2,920,476 (413,940)a 2,506,536
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Miscellaneous 112,000 0 112,000
<br /> Interfund Transfers 2,173,414 411,669 b 2,585,083
<br /> Fiscal Transactions 115,000 0 115,000
<br />Total Revenue 2,400,414 411,669 2,812,083
<br />TOTAL RESOURCES 5,320,890 (2,271)5,318,619
<br />II.REQUIREMENTS
<br />Department Operating
<br />Planning and Development 2,173,414 411,669 b 2,585,083
<br />Total Department Operating 2,173,414 411,669 2,585,083
<br />Non-Departmental
<br />Special Payments 3,060,476 (413,940)a 2,646,536
<br />Balance Available 87,000 0 87,000
<br />Total Non-Departmental 3,147,476 (413,940)2,733,536
<br />TOTAL REQUIREMENTS 5,320,890 (2,271)5,318,619
<br />817 Urban Renewal Agency Downtown General Fund
<br />a)Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital
<br />by $413,940 and decrease Special Payments by the same amount. This adjustment brings the FY20
<br />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)Reappropriation: Increase Interfund Transfer revenues by $411,669 for continued efforts related
<br />to the Downtown Urban Renewal Agency Fiber Project not completed in the prior fiscal year and
<br />increase the Planning and Development Department operating appropriations by the same amount.
<br />December 9, 2019, Meeting – Item 5CC Agenda - Page 343
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