Laserfiche WebLink
340 Transportation Capital Projects Fund <br />FY13FY13FY13 <br />doptedSB1 ActionRevised <br />A <br />I.RESOURCES <br />BEGINNING WORKING CAPITAL <br />18,001,538(11,570,196)6,431,342 <br />a <br />CHANGE TO WORKING CAPITAL <br />REVENUE <br /> Taxes3,060,00003,060,000 <br /> Intergovernmental03,180,8673,180,867 <br />c,d <br /> Rental40,000040,000 <br /> Charges for Services5,00005,000 <br /> Interfund Transfers30,000030,000 <br /> Fiscal Transactions7,520,0006,689,64414,209,644 <br />a <br />Total Revenue10,655,0009,870,51120,525,511 <br />TOTAL RESOURCES28,656,538(1,699,685)26,956,853 <br />II.REQUIREMENTS <br />Capital Projects <br /> Capital Projects10,860,000313,30311,173,303 <br />d,e <br />12,240,614 <br /> Capital Carryover15,727,247(3,486,633) <br />b <br />Total Capital Projects26,587,247(3,173,330)23,413,917 <br />Non-Departmental <br /> Debt Service40,000040,000 <br /> Balance Available2,029,2911,473,6453,502,936 <br />a,b,c,e <br />Total Non-Departmental2,069,2911,473,6453,542,936 <br />TOTAL REQUIREMENTS28,656,538(1,699,685)26,956,853 <br />340 Transportation Capital Projects Fund <br />a)Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital by <br />$11,570,196, increase Draws on General Obligation Line of Credit for bonds authorized but not sold in the <br />prior fiscal year by 6,689,644, and decrease Balance Available by $4,880,552. These adjustments bring the <br />FY13 budgeted Beginning Working Capital in compliance with the audited FY12 actual revenues and <br />expenditures as determined by Isler & Company, LLC, the City's external auditor. <br />b)Capital Carryover Reconciliation: Decrease capital appropriations by $3,486,633, and increase <br />Balance Available by the same amount. The adjustment reconciles the FY13 Capital Carryover Estimate to <br />the actual ending FY12 capital projects balance. <br />c)Rebudget Prior Year Revenues: Recognize intergovernmental revenues in the amount of $2,987,191 <br />for externally funded projects not completed in prior fiscal years, including North Bank Path Rehabilitation <br />and Lighting, Fern Ridge Path between Chambers and Arthur Streets, River Path Connectors, and various <br />Pavement Preservation Projects, and increase Balance Available by the same amount. <br />d)New Revenues: Recognize $193,676 in intergovernmental revenues associated with the Oregon <br />Department of Transportation (ODOT) grant for Fern Ridge Path between Greenhill Road and Terry Street, <br />and increase capital appropriations by the same amount. <br />e)Capital Appropriation Adjustments: Increase capital appropriations by $119,627 for the Street Tree <br />Program ($69,627) and the Transportation Capital Project Fund's share of the purchase of land adjacent to <br />the Roosevelt Yard ($50,000), and decrease Balance Available by the same amount. <br />