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<br />Transfers In
<br />
<br />General Fund
<br />
<br />$ 1,367,145
<br />
<br />$ 4,853,145
<br />
<br />$ (3,580,000)
<br />
<br />$ 1,273,145
<br />Transfers of $3.08 million from the Capital
<br />Reserve Fund is not needed and $0.50
<br />million from the Golf O&M Fund is not
<br />available.
<br />Lower Income
<br />Housing
<br />
<br />$ 3,468,634
<br />
<br />$ -
<br />
<br />$ 3,468,634
<br />
<br />$ 3,468,634
<br />Merge and transfer from the Housing Loan
<br />Fund 121 to the Lower Income Housing Fund
<br />122
<br />
<br />H.O.M.E.
<br />Program
<br />
<br />$ 260,000
<br />
<br />$ -
<br />
<br />$ 260,000
<br />
<br />$ 260,000
<br />Transfer from the Lower Income
<br />Housing Fund 122 to reflect loan
<br />repayment in the fund that originated
<br />the funding
<br />
<br />Streets CIP Fund
<br />
<br />$ 1,193,760
<br />
<br />$ 1,193,760
<br />
<br />$ 2,400,000
<br />
<br />$ 3,593,760
<br />Transfer from the General Fund to build
<br />up the reserve for streets-related repairs
<br />and replacement projects
<br />
<br />Park CIP Fund
<br />
<br />$ 1,330,022
<br />
<br />$ 1,300,000
<br />
<br />$ 30,022
<br />
<br />$ 1,330,022 Transfer from the Bernal Donations Fund for
<br />the Bernal Park Advance Repayment
<br />Equipment
<br />Replacement
<br />
<br />$ 205,849
<br />
<br />$ -
<br />
<br />$ 205,849
<br />
<br />$ 205,849 Transfer from Recycled Water Fund - correct
<br />the fund receiving the loan payment
<br />Facilities
<br />Renovation
<br />
<br />$ -
<br />
<br />$ 195,904
<br />
<br />$ (195,904)
<br />
<br />$ - Correct the fund receiving the loan payment,
<br />which is the Equipment Replacement Fund
<br />Golf Replacement $ 720,000 $ 220,000 $ 500,000 $ 720,000 Transfer to the General Fund is cancelled to
<br />retain funds for renovation
<br />L & R Facilities &
<br />Equip Fund $ 61,502 $ - $ 61,502 $ 61,502 Transfer from the General Fund to set aside
<br />facility fees
<br />Transfers Out
<br />
<br />
<br />General Fund
<br />
<br />
<br />$ (4,800,548)
<br />
<br />
<br />$ (4,556,578)
<br />
<br />
<br />$ (2,461,502)
<br />
<br />
<br />$ (7,018,080)
<br />Transfer of $2.4 million to the Streets CIP
<br />Fund to build up the reserve for streets-
<br />related repairs and replacement projects
<br />and
<br />$0.06 million to L& R Facilities & Equip Fund
<br />to set aside facility fees
<br />Capital Reserve
<br />Fund $ - $ (3,080,000) $ 3,080,000 $ - Transfer to the General Fund is not needed
<br />Bernal Donations $ (30,022) $ - $ (30,022) $ (30,022) Transfer to the Park CIP Fund for the Bernal
<br />Park Advance Repayment
<br />
<br />Housing Loan
<br />
<br />$ (3,468,634)
<br />
<br />$ -
<br />
<br />$ (3,468,634)
<br />
<br />$ (3,468,634)
<br />Merge and transfer from the Housing Loan
<br />Fund 121 to the Lower Income Housing
<br />Fund 122
<br />Lower Income
<br />Housing
<br />$ (260,000)
<br />$ -
<br />
<br />$ (260,000)
<br />
<br />$ (260,000)
<br />Transfer to the H.O.M.E Program Fund to
<br />reflect loan repayment in the fund that
<br />originated the funding
<br />Golf Operating &
<br />Maintenance* $ (751,780) $ (751,780) $ (751,780) *
<br />Recommended
<br />Budget
<br />Amendments
<br />$(31,758,679) $(36,937,989) $(2,571,455) $(39,509,444)
<br />*Amended budget will transfer $720k to the Golf Replacement Fund instead of $220k as previously
<br />budgeted, and $31,780 will be transferred to the General Fund for Loan Repayment instead of
<br />$531,780 as previously budgeted.
<br />
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