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010 General Fund <br />AIRS Subfund (022): <br />Beginning Working Capital Reconciliation: <br />e) Decrease the budgeted Beginning Working Capital by $2,518, <br />and decrease the interfund transfer to the Telecom Fund by the same amount to adjust the Beginning Working <br />Capital to audited levels. This subfund is being closed in FY12. <br />Cultural Services Subfund (031): <br />Beginning Working Capital Reconciliation: <br />f) Increase the budgeted Beginning Working Capital by $65,702 <br />and increase the Cultural Services Reserve by the same amount to adjust the Beginning Working Capital to <br />audited levels. <br />Encumbrance Estimate Reconciliation: <br />g) Increase the Library, Recreation and Cultural Services (LRCS) <br />Department operating appropriations by $60,125 to reconcile the amount estimated for payment of obligations <br />incurred but not paid in FY11 to the actual amount paid, decrease Reserve for Encumbrances by $64,674, and <br />increase the Cultural Services Subfund Reserve by $4,549. <br />Equipment Replacement Subfund (041): <br />Beginning Working Capital Reconciliation: <br />h) Increase the budgeted Beginning Working Capital by $814,554 <br />and increase the Equipment Replacement Fund Reserve by the same amount to adjust the Beginning Working <br />Capital to audited levels. <br />Appropriation Adjustments: <br />i) Recognize $208,300 in Main Subfund transfer revenue and increase <br />appropriations for future Fire and EMS General Fund equipment replacement by the same amount. Reduce the <br />Equipment Replacement Fund Reserve by $768,300, and increase the Fire and EMS Department operating <br />appropriations for equipment replacement by the same amount. <br />Summary of General Fund Reserves: <br />j) <br />(excluding reserves for prior year encumbrances)FY12FY12FY12 <br />AdoptedSB1 ActionRevised <br />General Fund Reserve for Revenue Shortfall$7,945,638 $1,895,401 <br />$9,841,039 <br />General Fund Reserve for Property Tax Appeals$1,000,000 $0 <br />$1,000,000 <br />Cultural Services Subfund Reserve$2,205,966 $70,251 <br />$2,276,217 <br />Cultural Services Reserve - Dedicated Donations for Arts$32,295 $0 <br />$32,295 <br />Equipment Replacement Reserve$257,525 $46,254 <br />$303,779 <br />$13,453,330 <br />Total$11,441,424 $2,011,906 <br />