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Item 5: URA: Resolution Adopting a Supplemental Budget
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Item 5: URA: Resolution Adopting a Supplemental Budget
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6/9/2010 12:53:47 PM
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12/5/2008 10:27:52 AM
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Agenda Item Summary
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12/8/2008
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823 Urban Renewal Agency Riverfront Capital Projects Fund <br />FY09FY09FY09 <br />AdoptedSB1 ActionRevised <br />I.RESOURCES <br />BEGINNING WORKING CAPITAL <br />226,418(7,096)219,322 <br />a <br />CHANGE TO WORKING CAPITAL <br />REVENUE <br /> Miscellaneous6,00006,000 <br />Total Revenue6,00006,000 <br />TOTAL RESOURCES232,418(7,096)225,322 <br />II.REQUIREMENTS <br />Capital Projects <br /> Capital Carryover219,418(8,500)210,918 <br />Total Capital Projects219,418(8,500)210,918 <br />Non-Departmental <br /> Balance Available13,0001,40414,404 <br />a <br />Total Non-Departmental13,0001,40414,404 <br />TOTAL REQUIREMENTS232,418(7,096)225,322 <br />823 Urban Renewal Agency Riverfront Capital Projects Fund <br />Beginning Working Capital Reconciliation: <br />a)Decrease the budgeted Beginning Working Capital by <br />$7,096 and decrease Balance Available by the same amount. The adjustment brings the FY09 Budgeted <br />Beginning Working Capital in compliance with the audited FY08 actual revenues and expenditures as <br />determined by Isler & Company, LLC, the City's external auditor. <br />Capital Carryover Reconciliation: <br />b)Decrease the capital carryover by $8,500 and increase Balance <br />Available by the same amount. This action reconciles the FY09 Capital Carryover Estimate to the actual <br />ending FY08 capital projects balance and carry forward. <br />
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