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520 Parking Services Fund
<br />FY09FY09FY09
<br />AdoptedSB1 ActionRevised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />2,738,200261,5812,999,781
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Rental593,6000593,600
<br /> Charges for Services2,995,66702,995,667
<br /> Fines/Forfeitures989,2000989,200
<br /> Miscellaneous67,000067,000
<br /> Interfund Transfers017,50017,500
<br />b
<br />Total Revenue4,645,46717,5004,662,967
<br />TOTAL RESOURCES7,383,667279,0817,662,748
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Central Services466,3570466,357
<br /> Planning and Development2,906,17502,906,175
<br /> Public Works24,741024,741
<br />Total Department Operating3,397,27303,397,273
<br />Capital Projects
<br /> Capital Projects430,000(40,000)390,000
<br />c
<br /> Capital Carryover0(139,663)(139,663)
<br />d
<br />Total Capital Projects430,000(179,663)250,337
<br />Non-Departmental
<br /> Debt Service696,5130696,513
<br /> Interfund Transfers751,9000751,900
<br /> Reserve 1,584,873566,1142,150,987
<br />a
<br /> Balance Available523,108(107,370)415,738
<br />a, b, c, d
<br />Total Non-Departmental 3,556,394458,7444,015,138
<br />TOTAL REQUIREMENTS7,383,667279,0817,662,748
<br />520 Parking Services Fund
<br />Beginning Working Capital Reconciliation
<br />a): Increase the budgeted Beginning Working Capital by $261,581
<br />across all the subfunds. The offsets are a $566,114 increase the Debt Service Reserve in the Parking Debt Service
<br />Subfund, as it does not carry a Balance Available account, and a $304,533 decrease to Balance Available across the
<br />remaining Parking subfunds in order to bring the adjustments in balance with the actual audited beginning working
<br />capital as determined by the City's external auditor, Isler & Company, LLC.
<br />:
<br />General Fund Contingency
<br />b) Recognize transfer of $17,500 from the General Fund's contingency account to
<br />reimburse for Eugene Celebration free parking, and increase Balance Available by the same amount.
<br />Encumbrance Estimate Reconciliation:
<br />c) Decrease the capital appropriations by $40,000 to reconcile the
<br />amount estimated for payment of obligations incurred but not paid in FY08 to the actual amount paid and increase
<br />Balance Available by the same amount.
<br />Capital Carryover Reconciliation:
<br />d) Decrease the capital carryover by $139,663 and increase Balance Available
<br />by the same amount. This adjustment reconciles the FY09 Capital Carryover Estimate to the actual ending FY08
<br />capital projects balance and carry forward.
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