|
620 Risk and Benefits Fund
<br />FY13FY13FY13
<br />doptedSB1 ActionRevised
<br />A
<br />I.RESOURCES
<br />BEGINNING WORKING CAPITAL
<br />8,956,23066,702
<br />9,022,932
<br />a
<br />CHANGE TO WORKING CAPITAL
<br />REVENUE
<br />overnmental190,00036,799226,799
<br /> Inter
<br />g
<br />c
<br /> Chares for Services33,655,557033,655,557
<br />g
<br /> Miscellaneous245,6600245,660
<br />Total Revenue34,091,21736,79934,128,016
<br />TOTAL RESOURCES43,047,447103,50143,150,948
<br />IIREQUIREMENTS
<br />.
<br />Department Operatin
<br />g
<br /> Central Services30,143,20026,40030,169,600
<br />b,c
<br />Total Department Operatin30,143,20026,40030,169,600
<br />g
<br />Non-Departmental
<br /> Debt Service5,244,50005,244,500
<br /> Interfund Transfers162,0000162,000
<br /> Reserve 6,913,813259,4007,173,213
<br />a
<br /> Balance Available583,934182,299401,635
<br />()
<br />a,b
<br />Total Non-Departmental12,904,24777,10112,981,348
<br />TOTAL REQUIREMENTS43,047,447103,50143,150,948
<br />620 Risk and Benefits Fund
<br />a) Beginning Working Capital Reconciliation:Increase the budgeted Beginning Working Capital
<br />by $66,702, increase the Medical Rate Stabilization Reserve by $30,365, increase the Debt Service
<br />Reserve by $229,035, and decrease Balance Available by $192,698. These adjustments bring the
<br />FY13 Budgeted Beginning Working Capital in compliance with the audited FY12 actual revenues
<br />and expenditures as determined by Isler & Company, LLC, the City's external auditor.
<br />b) Encumbrance Estimate Reconciliation:Decrease the Central Services Department operating
<br />appropriations by $10,399 to reconcile the amount estimated for payment of obligations incurred but
<br />not paid in FY12 to the actual amount paid, and increase Balance Available by the same amount.
<br />c)Rebudget Prior Year Revenues: Recognize Intergovernmental revenues in the amount of
<br />$36,799, and increase the Central Services Department operating appropriations by the same
<br />amount.
<br />
|