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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 />