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510 Municipal Airport Fund
<br />FY11FY11FY11
<br />AdoptedSB1 ActionRevised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />16,626,259(3,802,473)12,823,786
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Intergovernmental8,852,1152,365,21411,217,329
<br />c,e
<br /> Rental3,203,41903,203,419
<br /> Charges for Services4,283,34104,283,341
<br /> Fines/Forfeitures8,00008,000
<br /> Miscellaneous97,061097,061
<br /> Fiscal Transactions65,060065,060
<br />Total Revenue16,508,9962,365,21418,874,210
<br />TOTAL RESOURCES33,135,255(1,437,259)31,697,996
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Fire/Emergency Medical Svcs737,3070737,307
<br /> Police384,4220384,422
<br /> Public Works5,110,292(22,643)5,087,649
<br />d
<br />Total Department Operating6,232,021(22,643)6,209,378
<br />Capital Projects
<br /> Capital Projects8,450,000735,2149,185,214
<br />e
<br /> Capital Carryover11,447,615(6,412,860)5,034,755
<br />b
<br />Total Capital Projects19,897,615(5,677,646)14,219,969
<br />Non-Departmental
<br /> Interfund Transfers483,0000483,000
<br /> Reserve 3,215,34103,215,341
<br /> Balance Available3,307,2784,263,0307,570,308
<br />a,b,c,d
<br />Total Non-Departmental 7,005,6194,263,03011,268,649
<br />TOTAL REQUIREMENTS33,135,255(1,437,259)31,697,996
<br />510 Municipal Airport Fund
<br />Beginning Working Capital Reconciliation:
<br />a) Decrease the budgeted Beginning Working Capital by $3,802,473
<br />and decrease Balance Available by the same amount. This adjustment brings the FY11 Budgeted Beginning
<br />Working Capital in compliance with the audited FY10 actual revenues and expenditures as determined by Isler &
<br />Company, LLC, the City's external auditor.
<br />Capital Carryover Reconciliation:
<br />b) Decrease the capital carryover by $6,412,860 and increase Balance
<br />Available by the same amount. This adjustment reconciles the FY11 Capital Carryover Estimate to the actual ending
<br />FY10 capital projects balance and carry forward.
<br />Re-budget
<br />c) intergovernmental revenue of $1,630,000 supporting already budgeted Airport capital projects and
<br />increase Balance Available by the same amount.
<br />Encumbrance Estimate Reconciliation:
<br />d) Decrease the Public Works Department operating appropriation by
<br />$22,643 to reconcile the amount estimated for payment of obligations incurred but not paid in FY10 to the actual
<br />amount paid and increase Balance Available by the same amount.
<br />Intergovernmental Revenue:
<br />e) Recognize new intergovernmental revenues in the amount of $735,214 for
<br />Airport capital projects and increase capital appropriations by the same amount.
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