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reduction of $13,233 is the result of closing two projects that had surpluses of
<br /> approximately $80,000 and an increase of $60,830 for the Recycled Water
<br /> Project budget for increased design costs and minor adjustments to two other
<br /> Water projects.
<br /> Table 2A -Water CIP Funds Adjusted Budget to Actual Revenues, Transfers & Expenditures
<br /> Recommended
<br /> Year-End
<br /> Amended Budget Adjusted $
<br /> Water CIP Funds Budget Amendments Budget Actual Variance Variance
<br /> Beginning Fund Balance $ 15,952,497 $ 15,952,497 $ 15,952,497
<br /> Revenues 17,772,307 $ 612 17,772,919 882,952 $(16,889,967) -95.0%
<br /> Transfers In/(Out) 1,980,000 1,980,000 1,684,620 (295,380) -14.9%
<br /> Expenditures 24,621,910 (13,233) 24,608,677 2,060,492 (22,548,185) -91.6%
<br /> Ending Fund Balance $ 11,082,894 $ 13,845 $ 11,096,739 $ 16,459,577 $ 5,362,838
<br /> Table 2B -Water CIP Funds Recommended Budget Carryovers to FY 2015/16
<br /> PROJECTED FUND BALANCE, JUNE 30, 2015 $ 16,459,577
<br /> REVENUE CARRYOVERS:
<br /> State Water Resources Control Board Loan 17,216,995
<br /> TOTAL REVENUE CARRYOVERS $ 17,216,995
<br /> PROJECT CARRYOVERS:
<br /> Advanced Metering Infrastructure 3,000,000
<br /> Water Connection Fee Update 25,000
<br /> Water Rate Analysis 21,947
<br /> Water Telemetry Upgrades 36,459
<br /> Recycled Water Infrastructure 17,216,995
<br /> Bi-Annual Water Quality Improvement Project 39,030
<br /> Bi-Annual Electrical Panel Upgrades and Restorations 105,930
<br /> Bi-Annual Control Valve Installation 147,927
<br /> Annual Water Pump and Motor Repairs 267,111
<br /> Bi-Annual Overhaul of Emergency Water Generators 55,737
<br /> Bi-Annual Water Tank Corrosion Repairs 200,000
<br /> Annual Water Main Repl Projects 248,373
<br /> Bi-Annual Pressure Reducing Station Rehabilitation 62,657
<br /> Annual Replacement of Water Meters 445,873
<br /> Del Valle Parkway Water Main Extension 585,824
<br /> Future Designated CIP Projects* 102,344
<br /> TOTAL PROJECT CARRYOVERS $ 22,561,207
<br /> ADJUSTED FUND BALANCE, JUNE 30, 2015 $ 11,115,365
<br /> * Per Developer Contributions worksheet maintained by the Finance Department
<br /> Miscellaneous CIP Funds
<br /> Table 3A summarizes the FY 2014/15 activity for the Miscellaneous CIP Funds. Actual
<br /> revenues were more than the adjusted budget by $333,884 due to actual Public
<br /> Facilities Development Impact fees coming in greater than anticipated. Actual transfers
<br /> were $170,076 more than the adjusted budget as a result of designating the Cemetery
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