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821 Urban Renewal Agency Riverfront General Fund
<br />FY20 FY20 FY20
<br />Adopted SB1 Action Revised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL 1,301,081 236,683 a 1,537,764
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Taxes 2,433,000 0 2,433,000
<br /> Miscellaneous 33,000 0 33,000
<br />Total Revenue 2,466,000 0 2,466,000
<br />TOTAL RESOURCES 3,767,081 236,683 4,003,764
<br />II.REQUIREMENTS
<br />Department Operating
<br />Planning and Development 704,098 100,000 b 804,098
<br />Total Department Operating 704,098 100,000 804,098
<br />Non-Departmental
<br />Interfund Transfers 2,500,000 0 2,500,000
<br />Balance Available 562,983 136,683 a, b 699,666
<br />Total Non-Departmental 3,062,983 136,683 3,199,666
<br />TOTAL REQUIREMENTS 3,767,081 236,683 4,003,764
<br />821 Urban Renewal Agency Riverfront General Fund
<br />a)Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital
<br />by $236,683 and increase 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
<br />expenditures as determined by Isler CPA, the City's external auditor.
<br />b)Reappropriation: Increase the Planning and Developmnent operating appropriations by
<br />$100,000 for continued efforts related to the Riverfront Urban Renewal Agency Fiber Project not
<br />completed in the prior fiscal year and decrease balance available by the same amount.
<br />December 9, 2019, Meeting – Item 5CC Agenda - Page 346
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