|
Table 2. General Fund Approved Changes and Recommended Additional
<br />Ad'ustments
<br />Transfers In
<br />Transfers Out
<br />Revenues
<br />Ex •enditures
<br />Net Change to Fund
<br />Balance
<br />A B
<br />Mid -Term
<br />FY 08 -09 Prior Year
<br />Adjusted Budget Carryovers
<br />(4,230,000)
<br />C
<br />City Council
<br />Approved
<br />Adjustments
<br />D
<br />Total
<br />Approved
<br />Changes
<br />1,331,613
<br />(8,630,200)
<br />95,828,484
<br />92 759 897
<br />32,344
<br />1 342 721
<br />(1,310,377)
<br />46,000
<br />23 000
<br />1,331,613
<br />(8,630,200)
<br />95,906,828
<br />94 125 618
<br />23,000
<br />(5,517,377)
<br />E F
<br />Approved
<br />Mid -Year Mid -Year
<br />Adjustments Budget
<br />3,000,000
<br />(4,922,198)
<br />4 429 198
<br />2,507,000
<br />1,331,613
<br />(5,630,200)
<br />90,984,630
<br />89 696 420
<br />(3,010,377)
<br />G
<br />Recommended
<br />3rd Quarter
<br />Adjustments
<br />9,368
<br />(390,652)
<br />(1,001,570)
<br />1 072 854
<br />(310,000)
<br />R
<br />FY 2008 -09
<br />Adjusted
<br />Budget
<br />1,340,981
<br />(6,020,852)
<br />89,983,060
<br />88 623 566
<br />(3,320,377)
<br />The recommended additional adjustments in column "G" are the budget changes
<br />recommended at this time. The approved changes in columns "A" through "F" have
<br />previously been approved by City Council.
<br />The recommended changes to General Fund transfers, revenues, and expenditures
<br />result in a net $310,000 decrease in fund balance and are summarized in Table 3 and
<br />with added detail in Table 4.
<br />Table 3. Summar of 3 Quarter ad'u
<br />Page 3 of 6
<br />stments General Fund
<br />General Fund
<br />Beginning Balance
<br />Revenues
<br />Net Transfers
<br />Expenditures
<br />Net Income
<br />Ending Balance
<br />Mid -year
<br />Budget
<br />25,287,726
<br />90,984,630
<br />(4,298,587)
<br />(89,696,420)
<br />(3,010,377)
<br />22,277,349
<br />3rd Qtr
<br />Adjustments
<br />(1,001,570)
<br />(381,284)
<br />1,072,854
<br />(310,000)
<br />Amended
<br />Budget
<br />25,287,726
<br />89,983,060
<br />(4,679,871)
<br />(88,623,566)
<br />(3,320,377)
<br />21,967,349
<br />Table 4. Summary of 3 Quarter adjustments General Fund
<br />Transfers In
<br />Close out Disaster Relief Fund
<br />Transfers Out
<br />Move Paratransit to Enterprise Fund
<br />Revenues
<br />OTS Traffic Grant
<br />Donation
<br />Increase to Interfund Charges
<br />Move Paratransit to Enterprise Fund
<br />Reduce Sales Tax Estimate
<br />Expenditures
<br />Retiree medical contribution above Livermore share
<br />Move Paratransit to Enterprise Fund
<br />OTS Traffic Grant
<br />Reduce Contingency
<br />Total Net Change
<br />sub total
<br />sub total
<br />sub total
<br />9,368
<br />(390,652)
<br />31,000
<br />50
<br />121,064
<br />(201,506)
<br />(952,178)
<br />(350,000)
<br />(667,352)
<br />31,000
<br />(86,502)
<br />(381,284)
<br />(1,001,570)
<br />(1,072,854)
<br />(310,000)
<br />
|