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813 Urban Renewal Agency Downtown Capital Projects Fund
<br />FY09FY09FY09
<br />AdoptedSB1 ActionRevised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />4,913,791(4,757,007)156,784
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Intergovernmental02,782,7402,782,740
<br />c
<br /> Miscellaneous16,000016,000
<br />Total Revenue16,0002,782,7402,798,740
<br />TOTAL RESOURCES4,929,791(1,974,267)2,955,524
<br />II.REQUIREMENTS
<br />Capital Projects
<br /> Capital Carryover4,901,791(2,022,477)2,879,314
<br />b,c
<br />Total Capital Projects4,901,791(2,022,477)2,879,314
<br />Non-Departmental
<br /> Balance Available28,00048,21076,210
<br />a,b,c
<br />Total Non-Departmental28,00048,21076,210
<br />TOTAL REQUIREMENTS4,929,791(1,974,267)2,955,524
<br />813 Urban Renewal Agency Downtown Capital Projects Fund
<br />Beginning Working Capital Reconciliation:
<br />a)Decrease the budgeted Beginning Working
<br />Capital by $4,757,007 and decrease Balance Available by the same amount. The adjustment brings
<br />the FY09 Budgeted Beginning Working Capital in compliance with the audited FY08 actual revenues
<br />and expenditures as determined by Isler & Company, LLC, the City's external auditor.
<br />Capital Carryover Reconciliation:
<br />b) Decrease the capital carryover by $769,180 and increase
<br />Balance Available by the same amount. This action reconciles the FY09 Capital Carryover Estimate
<br />to the actual ending FY08 capital projects balance and carry forward.
<br />Intergovernmental Revenue:
<br />c) Increase intergovernmental revenues from the City's Community
<br />Development Fund by $2,782,740, decrease capital appropriations by $1,253,297 and increase
<br />Balance Available by $4,036,037. This transaction rebudgets revenues from the City of Eugene
<br />(HUD 108 and BEDI grant) to fund the purchase of the Washburne and City Centre buildings.
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