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170 Community Development Fund
<br />FY11FY11FY11
<br />AdoptedSB1 ActionRevised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />1,540,431597,6632,138,094
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Intergovernmental7,040,191142,5687,182,759
<br />a,b
<br /> Charges for Services5,00005,000
<br /> Miscellaneous1,263,25001,263,250
<br /> Fiscal Transactions7,398,00007,398,000
<br />Total Revenue15,706,441142,56815,849,009
<br />TOTAL RESOURCES17,246,872740,23117,987,103
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Central Services6,00006,000
<br /> Planning and Development3,618,48603,618,486
<br />Total Department Operating3,624,48603,624,486
<br />Capital Projects
<br /> Capital Projects700,0000700,000
<br />CapitalProjects700,0000700,000
<br /> Capital Carryover34,240108,328142,568
<br />b
<br />Total Capital Projects734,240108,328842,568
<br />Non-Departmental
<br /> Debt Service400,0000400,000
<br /> Interfund Transfers115,0000115,000
<br /> Misc. Fiscal Transactions5,269,146(851)5,268,295
<br />a
<br /> Intergovernmental Expend.6,504,00006,504,000
<br /> Reserve (Less RFE)600,0000600,000
<br /> Balance Available0632,754632,754
<br />a
<br />Total Non-Departmental12,888,146631,90313,520,049
<br />TOTAL REQUIREMENTS17,246,872740,23117,987,103
<br />170 Community Development Fund
<br />Beginning Working Capital Reconciliation:
<br />a) Increase the budgeted Beginning Working Capital
<br />by $597,663, increase the budgeted FY11 CDBG Grant Revenue by $34,240, decrease Commercial
<br />Revitalization Trust loan appropriations by $851, and increase Balance Available by $632,754.
<br />These adjustments bring the FY11 Budgeted Beginning Working Capital in compliance with the
<br />audited FY10 actual revenues and expenditures as determined by Isler & Company, LLC, the City's
<br />external auditor.
<br />Capital Carryover Reconciliation:
<br />b)Recognize $108,328 in CDBG grant revenues, and increase
<br />the capital carryover by the same amount. The adjustment reconciles the FY11 Capital Carryover
<br />Estimate to the actual ending FY10 capital projects balance and carry forward.
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