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FY 2013/14 FY2014/15 FY 2015/16 FY 2016/17
<br /> Operating Transfers Actuals Midyear Proposed Proposed
<br /> OPERATING TRANSFERS IN- From:
<br /> Urban Forestry Fund(1/2 of Landscape Arch Assist) $31,227 $18,637
<br /> Repayment Golf loan 174,181
<br /> Retiree Medical Fund(Implied Subsidy) 574,000 588,870 $681,000 $776,000
<br /> Happy Valley Infrastructure Loan Repayment 267,167 233,163 312,475 355,701
<br /> OPERATING TRANSFERS OUT-To:
<br /> PERS Rate Stabilization 928,584 1,000,000 2,000,000
<br /> Capital Improvement Fund 1,000,000 1,300,000 3,160,000 3,240,000
<br /> Senior&Low Income Water&Sewer Discounts
<br /> Water Fund 207,314 244,000 230,000 237,000
<br /> Sewer Fund 87,697 105,000 100,000 103,000
<br /> Transit Fund (Subsidy) 413,275 395,807 439,160 448,535
<br /> Storm Drain Fund(Subsidy) 330,000 330,000 330,000 330,000
<br /> Cemetery Fund (Subsidy) 30,000 30,000 30,000 30,000
<br /> LED Loan Repayment 100,000 100,000
<br /> CERBT trust contribution 372,364 122,688
<br /> Debt Service 2004 COP's 382,441
<br /> Retiree Medical Fund (Repayment for 2003 COP Payoff) 681,000 776,000
<br /> NET OPERATING TRANSFERS ($2,332,736) ($1,564,137) ($5,449,049) ($6,255,522)
<br /> General Fund Reserves
<br /> The changes to General Fund Reserves are shown in the following tables for the estimated year-
<br /> end FY 2014/15 budget, the proposed FY 2015/16 Budget and the proposed FY 2016/17
<br /> Budget:
<br /> Changes in Reserves in FY 2014/15
<br /> Estimated Estimated
<br /> General Fund - Fund Balance Balance FY 2014/15 Balance
<br /> Reserve Designations 6/30/2014 Adjustments 6/30/2015
<br /> 10% of Revenues - Reserve for
<br /> Economic Uncertainties $9,650,000 $387,000 $10,037,000
<br /> Undesignated Reserve 5,391,582 1,147,217 6,538,799
<br /> Estimated Surplus Fund r
<br /> Balance 2,908,218 2,908,218
<br /> Proposed Use of Fund Balance
<br /> (1) (1,708,218) (1,708,218)
<br /> TOTALS $15,041,582 $2,734,217 $17,775,799
<br /> 10
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