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Item 5 - Adoption of FY13 URA Supplemental Budget
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Item 5 - Adoption of FY13 URA Supplemental Budget
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12/10/2012
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813 Urban Renewal Agency Downtown Capital Projects Fund <br />FY13FY13FY13 <br />doptedSB1 ActionRevised <br />A <br />I.RESOURCES <br />BEGINNING WORKING CAPITAL861,111(140,100)721,011 <br />a <br />CHANGE TO WORKING CAPITAL <br />REVENUE <br /> Miscellaneous2,00002,000 <br />Total Revenue2,00002,000 <br />TOTAL RESOURCES863,111(140,100)723,011 <br />II.REQUIREMENTS <br />ects <br />Capital Pro <br />j <br /> Capital Carrove715,944140,584575,360 <br />yr() <br />a,b <br />ects715,944140,584575,360 <br />Total Capital Pro <br />j() <br />Non-Departmental <br /> Interfund Transfers134,5930134,593 <br />13,058 <br /> Balance Available12,574484 <br />a,b <br />Total Non-Departmental147,167484147,651 <br />TOTAL REQUIREMENTS863,111(140,100)723,011 <br />813 Urban Renewal Agency Downtown Capital Projects Fund <br />a) Beginning Working Capital Reconciliation: Decrease the budgeted Beginning Working Capital <br />by $140,100, decrease Capital Carryover appropriations by $134,593, and decrease Balance Available <br />by $5,507. These adjustments bring the FY13 budgeted Beginning Working Capital in compliance with <br />the audited FY12 actual revenues and expenditures as determined by Isler & Company, LLC, the <br />City's external auditor. <br />b) Capital Carryover Reconciliation: Decrease the capital carryover by $5,991, and decrease <br />Balance Available by the same amount. This action reconciles the FY13 Capital Carryover Estimate to <br />the actual ending FY12 capital projects balance. <br />
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