|
170 Community Development Fund
<br />
<br /> FY04 FY04 FY04 FY04 FY04
<br /> Adopted SB1 Action SB2 Action SB3 Action Revised
<br />I. RESOURCES
<br />
<br /> BEGINNING WORKING CAPITAL 2,621,026 (304,053) 0 0 2,316,973
<br /> CHANGE TO WORKING CAPITAL
<br />
<br /> REVENUE
<br /> Intergovernmental 4,098,746 968,959 400,000 183,937 a 5,651,642
<br /> Charges for Services 40,980 0 0 0 40,980
<br /> Miscellaneous 581,800 0 0 0 581,800
<br /> Fiscal Transactions 1,428,000 0 293,562 0 1,721,562
<br /> Total Revenue 6,149,526 968,959 693,562 183,937 7,995,984
<br />
<br /> TOTAL RESOURCES 8,770,552 664,906 693,562 183,937 10,312,957
<br />I1. REQUIREMENTS
<br />
<br /> Department Operating
<br /> Central Services 6,000 0 0 0 6,000
<br /> Planning and Development 4,065,509 (704,305) 800,000 633,937 a,c 4,795,141
<br /> Total Department Operating 4,071,509 (704,305) 800,000 633,937 4,801,141
<br />
<br /> Capital Projects
<br /> Capital Projects 0 276,250 100,000 55,000 b 431,250
<br /> Cap. Carryover (Budget only) 2,010,144 (871,417) 0 0 1,138,727
<br /> Total Capital Projects 2,010,144 (595,167) 100,000 55,000 1,569,977
<br />
<br /> Non-Departmental
<br /> Interfund Transfers 110,000 390,000 0 0 500,000
<br /> Misc. Fiscal Transactions 2,573,269 1,580,008 (206,438) (505,000) b,c 3,441,839
<br /> Balance Available 5,630 (5,630) 0 0 0
<br /> Total Non-Departmental 2,688,899 1,964,378 (206,438) (505,000) 3,941,839
<br />
<br /> TOTAL REQUIREMENTS 8,770,552 664,906 693,562 183,937 10,312,957
<br />
<br />170 Community Development Fund
<br />a This supplemental request increases Springfield's HOME grant reimbursement by $183,937 to accommodate
<br /> additional HOME program income and increased level of activity.
<br />
<br />b This supplemental request reduces the Downtown Revitalization Loan Program by $55,000 to cover additional costs
<br /> for finalizing Broadway re-opening capital projects.
<br />
<br />c This supplemental request redistributes $450,000 in HOME grant appropriation between the loan and operating
<br /> appropriation due to higher Iow-income land acquisitions and lower Iow-income home loans.
<br />
<br />
<br />
|