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510 Municipal Airport Fund
<br />FY13FY13FY13
<br />doptedSB1 ActionRevised
<br />A
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />21,101,355(4,323,281)16,778,074
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br /> Interovernmental3,990,5004,188,4168,178,916
<br />g
<br />c
<br /> Rental3,460,84403,460,844
<br /> Chares for Services4,621,33504,621,335
<br />g
<br /> Fines/Forfeitures8,00008,000
<br /> Miscellaneous12,65640,00052,656
<br />e
<br /> Fiscal Transactions71,590071,590
<br />Total Revenue12,164,9254,228,41616,393,341
<br />TOTAL RESOURCES33,266,280(94,865)33,171,415
<br />II.REQUIREMENTS
<br />Department Operatin
<br />g
<br /> Fire/Emerenc Medical Svcs785,6130785,613
<br />gy
<br /> Police412,4330412,433
<br /> Public Works5,771,00532,9895,803,994
<br />d,e
<br />Total Department Operatin6,969,05132,9897,002,040
<br />g
<br />Capital Proects
<br />j
<br /> Capital Proects3,485,00003,485,000
<br />j
<br /> Capital Carrover12,776,670418,33612,358,334
<br />y()
<br />b
<br />Total Capital Proects16,261,670418,33615,843,334
<br />j()
<br />Non-Departmental
<br /> Interfund Transfers468,0000468,000
<br /> Reserve 5,745,45605,745,456
<br /> Balance Available3,822,103290,4824,112,585
<br />a,b,c,d
<br />Total Non-Departmental 10,035,559290,48210,326,041
<br />TOTAL REQUIREMENTS33,266,280(94,865)33,171,415
<br />510 Municipal Airport Fund
<br />a) Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital by
<br />$4,323,281, and decrease Balance Available by the same amount. This adjustment brings the FY13
<br />Budgeted Beginning Working Capital in compliance with the audited FY12 actual revenues and expenditures
<br />as determined by Isler & Company, LLC, the City's external auditor.
<br />b) Capital Carryover Reconciliation: Decrease capital appropriations by $418,336, and increase Balance
<br />Available by the same amount. This adjustment reconciles the FY13 Capital Carryover Estimate to the
<br />actual ending FY12 capital projects balance.
<br />c) Rebudget Prior Year Revenues: Recognize intergovernmental revenues supporting previously
<br />budgeted Airport capital projects in the amount of $4,188,416, and increase Balance Available by the same
<br />amount.
<br />d) Encumbrance Estimate Reconciliation: Decrease the Public Works Department operating
<br />appropriations by $7,011 to reconcile the amount estimated for payment of obligations incurred but not paid
<br />in FY12 to the actual amount paid, and increase Balance Available by the same amount.
<br />e) Operating Appropriation Adjustment: Increase the Public Works Department operating appropriations
<br />by $40,000 to cover the cost of repairs to the main runway incurred due to damage caused by a private
<br />aircraft earlier in the fiscal year. Revenue offset for this budget increase will be from the insurance company
<br />of the aircraft owner.
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