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340 Transportation Capital Projects Fund
<br />FY11FY11FY11
<br />AdoptedSB1 ActionRevised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />21,680,186(13,418,071)8,262,115
<br />a
<br />CHANGETOWORKINGCAPITAL
<br />L
<br />REVENUE
<br /> Taxes2,940,00002,940,000
<br /> Intergovernmental495,0007,004,3557,499,355
<br />c,d
<br /> Rental30,000030,000
<br /> Charges for Services10,000010,000
<br /> Miscellaneous41,000041,000
<br /> Interfund Transfers30,000030,000
<br /> Fiscal Transactions6,850,0003,998,92810,848,928
<br />a
<br />Total Revenue10,396,00011,003,28321,399,283
<br />TOTAL RESOURCES32,076,186(2,414,788)29,661,398
<br />II.REQUIREMENTS
<br />Capital Projects
<br />CapitalProjects10435000,,1168695,,11603695,,
<br />def,,
<br />CapitalProjects104350001168695 def 11603695
<br /> Cap. Carryover (Budget only)21,147,280(4,275,202)16,872,078
<br />b
<br />Total Capital Projects31,582,280(3,106,507)28,475,773
<br />Non-Departmental
<br /> Debt Service40,000040,000
<br /> Balance Available453,906691,7191,145,625
<br />a,b,c,e,f
<br />Total Non-Departmental493,906691,7191,185,625
<br />,,,,,,
<br />TOTALREQUIREMENTS32076186(2414788)29661398
<br />TOTALREQUIREMENTS32076186(2414788)29661398
<br />340 Transportation Capital Projects Fund
<br />Beginning Working Capital Reconciliation:
<br />a) Decrease the budgeted Beginning Working Capital by
<br />$13,418,071, increase Draws on General Obligation Line of Credit for bonds authorized but not sold in the
<br />prior fiscal year by $3,998,928, and decrease Balance Available by $9,419,143. These adjustments bring the
<br />FY11BudgetedBeginningWorkingCapitalincompliancewiththeauditedFY10actualrevenuesandugeeegnnngorngapan compance we aue acua revenues an
<br />FY11BdtdBiiWkiCitliliiththditdFY10tld
<br />expenditures as determined by Isler & Company, LLC, the City's external auditor.
<br />Capital Carryover Reconciliation:
<br />b) Decrease the capital carryover by $4,275,202 and increase Balance
<br />Available by the same amount. The adjustment reconciles the FY11 Capital Carryover Estimate to the actual
<br />ending FY10 capital projects balance and carry forward.
<br />Re-budget
<br />c) intergovernmental revenues in the amount of $4,361,515 for externally funded projects not
<br />completed in prior fiscal years, including Delta Ponds Overpass, West Bank Trail Extension, Bailey Hill Road
<br />pedestrian improvements and Pavement Preservation Projects, and increase Balance Available by the same
<br />amount.
<br />Grant Revenues:
<br />d) Recognize $2,642,840 in intergovernmental revenues associated with grant funding
<br />for Pavement Preservation projects, West Bank Trail, and Amazon and Willamette Path Connectors, and
<br />increase capital appropriations by the same amount.
<br />Capital Appropriation Adjustment:
<br />e) Reduce capital appropriations for the Delta Ponds Bridge by
<br />$1,555,144 due to favorable bids and increase Balance Available by the same amount.
<br />Capital Appropriation Adjustment:
<br />f) Increase capital appropriations for engineering work on street
<br />capital planning and right-of-way vacations by $80,999 and decrease Balance Available by the same amount.itllidihtftib$80999ddBlAilblbtht
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