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170 Community Development Fund
<br />FY12FY12FY12
<br />doptedSB1 ActionRevised
<br />A
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />4,148,639(1,535,278)2,613,361
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Intergovernmental5,462,8182,058,5877,521,405
<br />a,d,e
<br /> Charges for Services13,600013,600
<br /> Miscellaneous1,274,050488,0001,762,050
<br />e
<br /> Fiscal Transactions3,536,55003,536,550
<br />Total Revenue10,287,0182,546,58712,833,605
<br />TOTAL RESOURCES14,435,6571,011,30915,446,966
<br />II.REQUIREMENTS
<br />Department Operating
<br /> Central Services6,00006,000
<br /> Planning and Development3,634,589115,8343,750,423
<br />a,d,e
<br />Total Department Operating3,640,589115,8343,756,423
<br />Capital Projects
<br /> Capital Projects1,076,74001,076,740
<br /> Capital Carryover747,808(6,883)740,925
<br />b
<br />Total Capital Projects1,824,548(6,883)1,817,665
<br />Non-Departmental
<br /> Debt Service340,31560,453400,768
<br />a
<br /> Interfund Transfers117,0000117,000
<br /> Misc. Fiscal Transactions6,287,205(104,304)6,182,901
<br />a,c
<br /> Intergovernmental Expend.1,626,000740,0002,366,000
<br />e
<br /> Reserve (Less RFE)600,0000600,000
<br /> Balance Available0206,209206,209
<br />a,b,c,e
<br />Total Non-Departmental8,970,520902,3589,872,878
<br />TOTAL REQUIREMENTS14,435,6571,011,30915,446,966
<br />170 Community Development Fund
<br />Beginning Working Capital Reconciliation:
<br />a) Decrease the budgeted Beginning Working Capital by
<br />$1,535,278, increase the budgeted FY12 CDBG and HOME grant revenues by $1,651,587, decrease Planning and
<br />Development Department operating appropriations by $166, increase the Debt Service budget by $60,453,
<br />decrease the Historic Preservation and Commercial Revitalization Trust loan appropriations by $45,944, and
<br />increase Balance Available by $101,966. These adjustments bring the FY12 Budgeted Beginning Working Capital
<br />in compliance with the audited FY11 actual revenues and expenditures as determined by Isler & Company, LLC,
<br />the City's external auditor.
<br />Capital Carryover Reconciliation:
<br />b) Decrease capital appropriations by $6,883 and increase Balance Available
<br />by the same amount. This action reconciles the FY12 Capital Carryover Estimate to the actual ending FY11 capital
<br />projects balance and carry forward.
<br />Encumbrance Estimate Reconciliation:
<br />c) Reduce Miscellaneous Fiscal Transactions by $58,360 to reconcile
<br />the amount estimated for payment of obligations incurred but not paid in FY11 to the actual amount paid, and
<br />increase Balance Available by the same amount.
<br />Recognize New Revenues:
<br />d) Recognize Lane Livability Consortium grant revenue in the amount of $90,000,
<br />and increase Planning and Development Department operating appropriations by the same amount.
<br />Rebudget Prior Year Revenues:
<br />e) Rebudget $20,000 in Energy Efficiency and Conservation Block Grant
<br />(EECBG) revenue, $19,000 in Neighborhood Stabilization Program grant revenue, and $26,000 in Homelessness
<br />Prevention grant revenue. Increase Balance Available by $39,000 and the Planning and Development Department
<br />operating appropriations by $26,000. Rebudget $252,000 in BEDI grant revenue and $488,000 in HUD loan for the
<br />Beam project, and increase Intergovernmental Expenditures budget by $740,000.
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