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Budget on March 18, 2014. There is a corresponding increase in the Bernal
<br />Property Improvements Reserve (Phase II) as directed by the developers'
<br />contributions.
<br />Table 4A - Parks CIP Funds Adjusted Budget to Actual Revenues, Transfers &
<br />Expenditures /Reserves
<br />Table 4B - Parks CIP Funds Recommended Budget Carryovers to 2014/15FY
<br />PROJECTED FUND BALANCE, JUNE 30, 2014
<br />$ 15,312,714
<br />Recommended
<br />Year -End
<br />East Bay Regional Park District Measure WW Path Bond Extension Grant
<br />680,538
<br />TOTAL REVENUE CARRYOVERS
<br />$ 680,538
<br />Amended
<br />Budget
<br />Adjusted
<br />157,445
<br />$
<br />2,346,482
<br />Parks CIP Funds
<br />Budget
<br />Amendments
<br />Budget
<br />Actual
<br />Variance
<br />Variance
<br />Beginning Fund Balance
<br />$ 13,369,872
<br />282,932
<br />$ 13,369,872
<br />$ 13,369,872
<br />TOTAL RESERVE CARRYOVERS
<br />$ 11,515,378
<br />Re'enues
<br />2,313,430
<br />$ 4,051
<br />2,317,481
<br />1,916,286
<br />$ (401,195)
<br />-17.3%
<br />Transfers In/(Out)
<br />1,345,791
<br />1,345,791
<br />1,345,791
<br />Expenditures
<br />15,334,490
<br />4,051
<br />15,338,541
<br />1,319,235
<br />(14,019,306)
<br />-91.4%
<br />Ending Fund Balance
<br />$ 1,694,603
<br />$ -
<br />$ 1,694,603
<br />$ 15,312,714
<br />$ 13,618,111
<br />Table 4B - Parks CIP Funds Recommended Budget Carryovers to 2014/15FY
<br />PROJECTED FUND BALANCE, JUNE 30, 2014
<br />$ 15,312,714
<br />REVENUE CARRYOVERS:
<br />East Bay Regional Park District Measure WW Path Bond Extension Grant
<br />680,538
<br />TOTAL REVENUE CARRYOVERS
<br />$ 680,538
<br />PROJECT CARRYOVERS:
<br />Lions Wayside Park Improvements (design)
<br />157,445
<br />Bemal Community Park, Phase II Lighted Multi- Purpose Sports Fields
<br />2,346,482
<br />TOTAL PROJECT CARRYOVERS
<br />$ 2,503,927
<br />RESERVE CARRYOVERS:
<br />General Trail Improvements and Development Reserve
<br />827,760
<br />Bemal Property Improvements Reserve (Phase II)
<br />10,252,686
<br />New Community Park: Site Acquisition Reserve
<br />282,932
<br />Bemal Property Trail Reserve
<br />152,000
<br />TOTAL RESERVE CARRYOVERS
<br />$ 11,515,378
<br />TOTAL PROJECT AND RESERVE CARRYOVERS
<br />$ 14,019,305
<br />ADJUSTED FUND BALANCE, JUNE 30, 2014
<br />$ 1,973,947
<br />Streets CIP Funds
<br />Table 5A summarizes the 2013/14FY activity for the Streets CIP Funds. Actual
<br />revenues exceeded adjusted budget by $155,879 and transfers were more than the
<br />adjusted budget by $4,795. Revenues exceeded budget as follows:
<br />• Traffic Impact Fees
<br />• Gas Tax
<br />• Measure B & F
<br />• Freeway Interchange Fees
<br />• Miscellaneous revenues
<br />Page 7 of 10
<br />$267,675
<br />246,100
<br />59,664
<br />198,305
<br />83.310
<br />$855,054
<br />
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