My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Item 3: PH and Action: FY10 Supplemental Budget #1
COE
>
City of Eugene
>
Council Agendas 2009
>
CC Agenda - 12/14/09 - City Council Meeting and Meeting of the Eugene Urban Renewal Agency
>
Item 3: PH and Action: FY10 Supplemental Budget #1
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/9/2010 12:44:30 PM
Creation date
12/11/2009 10:34:31 AM
Metadata
Fields
Template:
City Council
City_Council_Document_Type
Agenda Item Summary
CMO_Meeting_Date
12/14/2009
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
46
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
340 Transportation Capital Fund <br />Beginning Working Capital Reconciliation: <br />a) Decrease the budgeted Beginning Working Capital by <br />$3,221,398 and increase Draws on General Obligation Line of Credit by the same amount for bonds <br />authorized but not sold in the prior fiscal year. The action brings the FY10 Budgeted Beginning Working <br />Capital in compliance with the audited FY09 actual revenues and expenditures as determined by Isler & <br />Company, LLC, the City's external auditor. <br />Company,LLC,theCitysexternalauditor. <br />Capital Carryover Reconciliation: <br />b) Decrease the capital carryover by $2,064,912 and increase <br />Balance Available by the same amount. The adjustment reconciles the FY10 Capital Carryover Estimate <br />to the actual ending FY09 capital projects balance and carry forward. <br />Re-budget <br />c) intergovernmental revenues in the amount of $3,113,950 for externally funded projects not <br />completed in prior fiscal years, including Delta Highway Overpass, Westbank Trail Extension, Bailey Hill <br />pedestrian improvements and Chad Drive Extension, and increase Balance Available by the same <br />amount. <br />Grant Revenues: <br />d) Recognize $5,215,000 in intergovernmental revenues associated with grant <br />funding for various Pavement Preservation projects and Delta Highway Overpass, recognize $25,580 in <br />developer contribution revenues, and increase capital appropriations by $5,240,850. <br />Interfund Transfer: <br />e) Decrease Beginning Working Capital by $12,501,530, increase interfund transfer <br />from the Transportation Utility Fund by $5,728,301, increase interfund transfer from the Road Capital <br />ProjectsFundby$1544317anddecreaseBalanceAvailableby$5228912Thisactioncorrectstheroecsuny,,, anecreaseaancevaaey,,.s acon correcse <br />PjtFdb$1544317ddBlAilblb$5228912Thititth <br />FY10 adopted budget by closing the Transportation Utility Fund and Road Capital Projects Funds, and <br />transferring the remaining resources into the Transportation Capital Fund. An interfund transfer is <br />required to complete the closing of these funds. <br />
The URL can be used to link to this page
Your browser does not support the video tag.