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Table 3. General Fund Expenditures—Amended Budget vs. Actual
<br /> ' Year-End
<br /> I
<br /> Recommended
<br /> Amended Budget
<br /> General Fund-Expenditures Budget Adjustments Actual $Variance %Variance
<br /> Personnel Costs 67,728,575 67,685,003 (43,572) 0.1%
<br /> Transportation & Training 1,335,406 1,298,562 (36,844) 2.8%
<br /> Repairs & Maintenance 1,786,627 561,277 2,245,136 (102,768) 4.4%
<br /> Materials, Supplies, Services 15,532,205 14,318,763 (1,213,442) 7.8%
<br /> Capital Outlay 501,470 564,176 62,706 -12.5%
<br /> Total 86,884,283 561,277 86,111,640 (1,333,920) -1.5%
<br /> Transfer of Funds.
<br /> Actual General Fund transfers were greater than budgeted by $973,779 due to the
<br /> following as shown in Table 4.
<br /> Table 4. Transfers In and Transfers Out -Amended Budget vs. Actual
<br /> Year-End
<br /> Recommended
<br /> Amended Budget
<br /> Operating Transfers Budget Adjustments Actual $Variance
<br /> OPERATING TRANSFERS IN-From:
<br /> Employee Benefits Fund - - 432,467 432,467
<br /> Urban Forestry Fund 37,274 - 37,274 -
<br /> Happy valley Specific Plan Fees Fund - - 520,539 520,539
<br /> OPERATING TRANSFERS OUT-To:
<br /> PERS Rate Stabilization - (1,000,000) (1,000,000) -
<br /> CIPR for Bernal Park Phase II - (561,000) (561,000) -
<br /> Senior& Low Income Water&Sewer Discounts -
<br /> Water Fund (220,000) - (226,970) (6,970)
<br /> Sewer Fund (110,000) - (94,257) 15,743
<br /> Transit Fund(Subsidy) (342,416) - (330,416) 12,000
<br /> Storm Drain Fund(Subsidy) (330,000) - (330,000) -
<br /> Cemetery Fund(Subsidy) (30,000) - (30,000) -
<br /> Golf Debt (1,330,000) (1,330,000) -
<br /> Debt Service 2003 COP's (406,800) - (406,800) -
<br /> Debt Service 2004 COP's (386,303) - (386,303) -
<br /> NET OPERATING TRANSFERS ($3,118,245) ($1,561,000) ($3,705,466) $973,779
<br /> Staff is also recommending Council approval of the transfer of the Employee Benefits Fund balance and the repayment of a portion
<br /> of the outstanding General Fund loan by the Happy Valley Specific Plan Fees Fund.
<br /> • Transfers In
<br /> o The benefit fund that accounts for the payment of all
<br /> employee benefits (health care, dental, vision, retiree
<br /> medical and PERS payments) had a surplus at the end
<br /> of the 11/12FY. These monies were last returned to
<br /> the funds originally charged for estimated benefit costs
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