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340 Transportation Capital Projects Fund
<br />FY12FY12FY12
<br />doptedSB1 ActionRevised
<br />A
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />17,279,981(9,725,201)7,554,780
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Taxes3,060,00003,060,000
<br /> Intergovernmental706,9784,364,1275,071,105
<br />c
<br /> Rental40,000040,000
<br /> Charges for Services10,000010,000
<br /> Miscellaneous21,000021,000
<br /> Interfund Transfers30,000030,000
<br /> Fiscal Transactions9,180,0004,989,03214,169,032
<br />a
<br />Total Revenue13,047,9789,353,15922,401,137
<br />TOTAL RESOURCES30,327,959(372,042)29,955,917
<br />II.REQUIREMENTS
<br />Capital Projects
<br /> Capital Projects13,176,978013,176,978
<br /> Capital Carryover16,531,714(2,579,757)13,951,957
<br />b
<br />Total Capital Projects29,708,692(2,579,757)27,128,935
<br />Non-Departmental
<br /> Debt Service40,000040,000
<br /> Balance Available579,2672,207,7152,786,982
<br />a,b,c
<br />Total Non-Departmental619,2672,207,7152,826,982
<br />TOTAL REQUIREMENTS30,327,959(372,042)29,955,917
<br />340 Transportation Capital Projects Fund
<br />Beginning Working Capital Reconciliation:
<br />a) Decrease the budgeted Beginning Working Capital by
<br />$9,725,201, increase Draws on General Obligation Line of Credit for bonds authorized but not sold in the prior
<br />fiscal year by $4,989,032, and decrease Balance Available by $4,736,169. These adjustments bring the FY12
<br />Budgeted Beginning Working Capital in compliance with the audited FY11 actual revenues and expenditures as
<br />determined by Isler & Company, LLC, the City's external auditor.
<br />Capital Carryover Reconciliation:
<br />b) Decrease capital appropriations by $2,579,757 and increase Balance
<br />Available by the same amount. The adjustment reconciles the FY12 Capital Carryover Estimate to the actual
<br />ending FY11 capital projects balance and carry forward.
<br />Re-budget
<br />c) intergovernmental revenues in the amount of $4,364,127 for externally funded projects not
<br />completed in prior fiscal years, including West Bank Trail Extension, Fern Ridge Path, River Path Connectors,
<br />Safe Routes to Schools, Willamette River Basin Water Quality Facility, North Bank Path Rehabilitation and
<br />Lighting, and various Pavement Preservation Projects, and increase Balance Available by the same amount.
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