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824 Urban Renewal Agency Riverfront Program Revenue Fund
<br />FY20 FY20 FY20
<br />Adopted SB1 Action Revised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL 3,253,279 10,766 a 3,264,045
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Interfund Transfers 3,203,333 0 3,203,333
<br /> Miscellaneous 81,000 0 81,000
<br />Total Revenue 3,284,333 0 3,284,333
<br />TOTAL RESOURCES 6,537,612 10,766 6,548,378
<br />II.REQUIREMENTS
<br />Non-Departmental
<br />Interfund Transfers 1,800,000 1,300,000 b 3,100,000
<br />Special Payments 1,000,000 10,766 a 1,010,766
<br />Balance Available 3,737,612 (1,300,000)b 2,437,612
<br />Total Non-Departmental 6,537,612 10,766 6,548,378
<br />b)R TOTAL REQUIREMENTS 6,537,612 10,766 6,548,378
<br />824 Urban Renewal Agency Riverfront Revenue Fund
<br />a)Beginning Working Capital Reconciliation: Increase the budgeted Beginning Working Capital
<br />by $10,766 and increase 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)One-Time Funding Request: Increase Interfund Transfers to the URA Riverfront Capital
<br />Projects Fund in the amount of $1,300,000 and decrease Balance Available by the same amount for
<br />the Railroad Quiet Zone.
<br />December 9, 2019, Meeting – Item 5CC Agenda - Page 348
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