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<br />City Council Work Session, September 26, 2005
<br />Road Fund Status and Stabilization Strategies
<br /> Attachment A, Exhibit 1 - Forecast with Current Service Levels
<br />Projected vs Target Ending Fund Balance
<br />4.0
<br />3.0
<br />2.0
<br />1.0
<br />0.0
<br />FY06FY07FY08FY09
<br />(1.0)
<br />(2.0)
<br />(3.0)
<br />Projected Fund BalanceTarget Fund Balance
<br />Projected
<br />FY06Forecast FY07Forecast FY08Forecast FY09
<br />Road Operating (Fund 131) Forecast
<br /> September 2005
<br /> Beginning Fund Balance$3,734,2353,148,119 2,230,119 38,119
<br /> Revenues9,067,695 9,014,000 8,061,000 8,024,000
<br />Total Resources12,801,930 12,162,119 10,291,119 8,062,119
<br />Requirements
<br /> Operating (current service system)9,073,811 9,256,000 9,555,000 9,853,000
<br /> Non-departmental580,000 676,000 698,000 719,000
<br />Total Expenditures9,653,811 9,932,000 10,253,000 10,572,000
<br />Annual Surplus(Deficit)(586,116) (918,000) (2,192,000) (2,548,000)
<br />Projected Fund Balance3,148,119 2,230,119 38,119 (2,509,881)
<br />Target Fund Balance1,608,968 1,655,333 1,708,833 1,762,000
<br />Amount Above/Below Target1,539,151 574,786 (1,670,714) (4,271,881)
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