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Operating Fund balance to the PLS Pioneer Cemetery Master Plan. Actual <br /> expenditures were less than adjusted budget by $6.8 million. The expenditure variance <br /> is due projects not yet completed all of which are being recommended to be carried <br /> forward to the FY 2015/16 as presented Table 3B. The Downtown Parking <br /> Improvements Project is the most significant project with a balance of approximately <br /> $1.4 million, $1 million of which was used to make the final payment in August 2015 on <br /> the parking strip between Main and First Streets that the City acquired from Alameda <br /> County. <br /> Staff is recommending that Council approve budget carryovers to FY 2015/16 totaling <br /> $3,617,621 and budget adjustments totaling $10,153 as shown in Tables 3A and 3B, <br /> respectively. <br /> Table 3A - Miscellaneous CIP Funds Adjusted Budget to Actual Revenues, Transfers & <br /> Expenditures/Reserves <br /> Recommended <br /> Year-End <br /> Amended Budget Adjusted $ <br /> Misc CIP Funds Budget Amendments Budget Actual Variance Variance <br /> Beginning Fund Balance $ 11,379,237 $ 11,379,237 $ 11,379,237 <br /> Reâ– enues 3,130,668 3,130,668 3,464,552 $ 333,884 10.7% <br /> Transfers In/(Out) (36,490) (36,490) (206,566) (170,076) 466.1% <br /> Expenditures 8,389,022 $ 10,153 8,399,175 1,600,420 (6,798,755) -80.9% <br /> Ending Fund Balance $ 6,084,393 $ (10,153) $ 6,074,240 $ 13,036,803 $6,962,563 <br /> Page 5 of 11 <br />