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131 Road Fund
<br />FY11FY11FY11
<br />AdoptedSB1 ActionRevised
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />1,363,330578,7281,942,058
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Licenses/Permits1,462,00001,462,000
<br /> Intergovernmental7,917,00040,3757,957,375
<br />d
<br /> Rental42,801042,801
<br /> Charges for Services47,000047,000
<br /> Miscellaneous128,0840128,084
<br /> Interfund Transfers0200,000200,000
<br />c
<br />Total Revenue9,596,885240,3759,837,260
<br />TOTAL RESOURCES10,960,215819,10311,779,318
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Public Works9,460,364475,7999,936,163
<br />b,c,d,e
<br />Total Department Operating9,460,364475,7999,936,163
<br />Non-Departmental
<br /> Interfund Transfers751,0000751,000
<br /> Balance Available748,851343,3041,092,155
<br />a,b,e
<br />Total Non-Departmental 1,,499,,851343,3,041,,843,,155
<br />TotalNonDepartmental14998513433041843155
<br />TOTAL REQUIREMENTS10,960,215819,10311,779,318
<br />131 Road Fund
<br />Beginning Working Capital Reconciliation:
<br />a) Increase the budgeted Beginning Working Capital by $578,728 and
<br />increase Balance Available by the same amount. This adjustment brings the FY11 Budgeted Beginning Working
<br />Capital in compliance with the audited FY10 actual revenues and expenditures as determined by Isler & Company,
<br />LLC, the City's external auditor.
<br />Encumbrance Estimate Reconciliation:
<br />b) Reduce the Public Works Department operating appropriations by
<br />$241,548 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 />Interfund Transfer:
<br />c) Increase interfund transfer revenues by $200,000 and increase Public Works department
<br />operating appropriations by the same amount. These funds are transferred from the General Fund pursuant to the
<br />Budget Committee motion passed in May of 2010 to use $200,000 of the General Fund Marginal Beginning Working
<br />Capital towards the enhanced pothole program.
<br />Federal Highway Administration Grant:
<br />d) Recognize $40,375 in Federal Highway Administration grants to
<br />upgrade traffic control systems on Franklin Boulevard, and increase Public Works department operating
<br />appropriations by the same amount.
<br />Pothole Program Reappropriation:
<br />e) Reappropriate $476,972 in FY10 pothole program funding to finish work on
<br />unimproved streets and pothole repair, and decrease Balance Available by the same amount.
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