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<br />350 Special Assessment Capital Project Fund
<br /> FY06 FY06 FY06
<br /> Adopted SB1 Action Revised
<br />I. RESOURCES
<br /> BEGINNING WORKING CAPITAL 4,556,118 (3,314,620) a 1 ,241 ,498
<br /> CHANGE TO WORKING CAPITAL
<br /> REVENUE
<br /> Miscellaneous 70,000 0 70,000
<br /> Interfund Transfers 50,000 0 50,000
<br /> Fiscal Transactions 3,628,000 2,415,662 b 6,043,662
<br /> Total Revenue 3,748,000 2,415,662 6,163,662
<br /> TOTAL RESOURCES 8.304,118 (898,958) 7.405,160
<br />II. REQUIREMENTS
<br /> Capital Projects
<br /> Capital Projects 1,145,000 0 1,145,000
<br /> Capital Carryover 3,698,933 (697,529) c 3,001,404
<br /> Total Capital Projects 4,843,933 (697,529) 4,146,404
<br /> Non-Departmental
<br /> Debt Service 2,400,000 0 2,400,000
<br /> Interfund Transfers 40,000 0 40,000
<br /> Balance Available 1,020,185 (201,429) a,b,c 818.756
<br /> Total Non-Departmental 3,460,185 (201,429) 3,258,756
<br /> TOTAL REQUIREMENTS 8.304,118 (898,958) 7,405,160
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<br />350 Special Assessment Capital Project Fund
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<br />a) This action decreases the budgeted Beginning Working Capital by $3,314,620 and decreases Balance
<br />Available by the same amount. The adjustment brings the FY06 Budgeted Beginning Working Capital in
<br />compliance with the audited FY05 actual revenues and expenditures as determined by Grove, Mueller & Swank
<br />P.C., the City's external auditor.
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<br />b) This action increases the estimate of draws on the Line of Credit by $2,415,662 to fund future special
<br />assessment improvements and increases Balance Available by the same amount.
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<br />c) This action decreases the capital carryover by $697,529 and increases Balance Available by the same
<br />amount The adjustment reconciles the FY06 Capital Carryover Estimate to the actual ending FY05 capital
<br />projects balance and carry forward.
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