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310 General Capital Projects Fund
<br />FY12FY12FY12
<br />doptedSB1 ActionRevised
<br />A
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />26,261,890(13,843,286)12,418,604
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Intergovernmental70,000070,000
<br /> Rental25,000025,000
<br /> Miscellaneous78,000078,000
<br /> Interfund Transfers2,569,3001,400,000c3,969,300
<br /> Fiscal Transactions012,877,53312,877,533
<br />a
<br />Total Revenue2,742,30014,277,53317,019,833
<br />TOTAL RESOURCES29,004,190434,24729,438,437
<br />IIREQUIREMENTS
<br />.
<br />Department Operating
<br /> Library, Rec & Cultural Svcs10,000010,000
<br />Total Department Operating10,000010,000
<br />Capital Projects
<br /> Capital Projects2,762,5711,353,1714,115,742
<br />a,c
<br /> Capital Carryover25,464,735(935,310)24,529,425
<br />b
<br />Total Capital Projects28,227,306417,86128,645,167
<br />Non-Departmental
<br /> Debt Service50,000050,000
<br /> Reserve 29,000029,000
<br /> Balance Available687,88416,386704,270
<br />a,b
<br />766,884
<br />Total Non-Departmental16,386783,270
<br />TOTAL REQUIREMENTS29,004,190434,24729,438,437
<br />310 General Capital Projects Fund
<br />Beginning Working Capital Reconciliation:
<br />a) Decrease the budgeted Beginning Working
<br />Capital by $13,843,286, increase General Obligation Bond Proceeds by $12,877,533 to re-
<br />budget revenue for bonds authorized but not sold in the prior fiscal year, decrease capital
<br />appropriations by $46,829, and decrease Balance Available by $918,924. This action brings
<br />the FY12 Budgeted Beginning Working Capital in compliance with the audited FY11 actual
<br />revenues and expenditures as determined by Isler & Company, LLC, the City's external
<br />auditor.
<br />Capital Carryover Reconciliation:
<br />b) Decrease capital appropriations by $935,310 and
<br />increase Balance Available by the same amount. This adjustment reconciles the FY12
<br />Capital Carryover Estimate to the actual ending FY11 capital projects balance and carry
<br />forward.
<br />Interfund Transfer:
<br />c) Recognize $1,400,000 in General Fund interfund transfer revenue
<br />and increase capital appropriations for facilities capital preservation projects ($600,000),
<br />Creekside Park development ($300,000), and the City Hall project ($500,000). $300,000 for
<br />Creekside Park is the second of two installments for developing this park pursuant to the
<br />Budget Committee motion passed in May of 2010.
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