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620 Risk and Benefits Fund
<br />FY11FY11FY11
<br />AdoptedSB1 ActionRevised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />7,942,812132,6248,075,436
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Intergovernmental0134,525134,525
<br />c
<br /> Charges for Services30,463,353030,463,353
<br /> Miscellaneous519,0800519,080
<br />Total Revenue30,982,433134,52531,116,958
<br />TOTAL RESOURCES38,925,245267,14939,192,394
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Central Services27,419,43690,81527,510,251
<br />b,c
<br />Total Department Operating27,419,43690,81527,510,251
<br />Non-Departmental
<br /> Debt Service4,754,50004,754,500
<br /> Interfund Transfers158,0000158,000
<br /> Reserve 6,593,309(789,758)5,803,551
<br />a
<br /> Balance AvailableBlAilbl00966,092966092966092966,092
<br />a,b
<br />Total Non-Departmental11,505,809176,33411,682,143
<br />TOTAL REQUIREMENTS38,925,245267,14939,192,394
<br />620 Risk and Benefits Fund
<br />Beginning Working Capital Reconciliation:
<br />a) Increase the budgeted Beginning Working Capital by
<br />$132,624, decrease the Medical Rate Stabilization Reserve by $879,936, increase the Debt Service
<br />Reserve by $90,178, and increase Balance Available by $922,382. These adjustments bring the FY11
<br />Budgeted Beginning Working Capital in compliance with the audited FY10 actual revenues and
<br />expenditures as determined by Isler & Company, LLC, the City's external auditor.
<br />Encumbrance Estimate Reconciliation:
<br />b) Decrease the Central Services Department operating
<br />appropriations by $43,710 to reconcile the amount estimated for payment of obligations incurred but not
<br />paid in FY10 to the actual amount paid and increase the Balance Available by the same amount.
<br />Grant Revenues:
<br />c) Recognize various grant revenues in the amount of $134,525 and increase
<br />Central Services Department operating appropriation by the same amount.
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