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620 Risk and Benefits Fund
<br />FY12FY12FY12
<br />doptedSB1 ActionRevised
<br />A
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />8,212,932632,6828,845,614
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Intergovernmental175,000217,860392,860
<br />c,d
<br /> Charges for Services32,644,102032,644,102
<br /> Miscellaneous360,4600360,460
<br />Total Revenue33,179,562217,86033,397,422
<br />TOTAL RESOURCES41,392,494850,54242,243,036
<br />IIREQUIREMENTS
<br />.
<br />Department Operating
<br /> Central Services28,653,995154,30828,808,303
<br />b,c,d
<br />Total Department Operating28,653,995154,30828,808,303
<br />Non-Departmental
<br /> Debt Service4,994,40004,994,400
<br /> Interfund Transfers118,0000118,000
<br /> Reserve 6,879,032143,1797,022,211
<br />a
<br /> Balance Available747,067553,0551,300,122
<br />a,b
<br />Total Non-Departmental12,738,499696,23413,434,733
<br />TOTAL REQUIREMENTS41,392,494850,54242,243,036
<br />620 Risk and Benefits Fund
<br />Beginning Working Capital Reconciliation:
<br />a) Increase the budgeted Beginning Working Capital by
<br />$632,682, increase the Medical Rate Stabilization Reserve by $96,000, increase the Debt Service
<br />Reserve by $47,179, and increase Balance Available by $489,503. These adjustments bring the FY12
<br />Budgeted Beginning Working Capital in compliance with the audited FY11 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 $63,552 to reconcile the amount estimated for payment of obligations incurred but not
<br />paid in FY11 to the actual amount paid, and increase the Balance Available by the same amount.
<br />Recognize New Grant Revenues:
<br />c) Recognize Emergency Manegement Performance Grant
<br />(EMPG) revenue in the amount of $140,000, and increase the Central Services Department operating
<br />appropriations by the same amount.
<br />Re-budget Intergovernmental Grant Revenues
<br />d)in the amount of $77,860 and increase the Central
<br />Services Department operating appropriation by the same amount.
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