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City Council Agenda and Packet 2013 10 08 SP
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City Council Agenda and Packet 2013 10 08 SP
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Last modified
3/11/2021 2:08:06 PM
Creation date
10/18/2013 8:39:30 AM
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City Council Records
Doc Type
City Council Packet
Original Hardcopy Storage
6D3
Record Series Code
45.010
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CCAGPKT 2013 10 08 SP
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Inter -Fund Transfers Matrix <br />Recommended Budget <br />2014 <br />Transfers In <br />Total <br />CT - Capital Waste- Golf <br />General OS &P Cemetery Projects water Course <br />Transfers Out Fund Fund Fund Fund Fund Fund <br />General Fund 74280 a 5,000,000 8 <br />Cemetery Perpetual Care Fund 2,500 c <br />Historic Preservation Fund 500,000 d <br />Capital Projects Fund 1,625,000 e <br />Impact Fee Fund 401,000 f 584,000 g <br />Golf Course Fund 180,000 h <br />5,074,280 <br />2,500 <br />500.000 <br />1,625,000 <br />985,000 <br />180,000 <br />Total 500,000 401,000 76,780 5 584 000 180 000 1 625 000 <br />8 366,780 <br />Annual recurring subsidy for operations and capital. <br />s A one -time, non - recurring Transfer to fund capital projects. <br />c. Annual recurring transfer of interest earned used to fund operations and capital. <br />a Annual repayment on $1.5 million loan to fund acquisition of the Grain Elevator Final payment scheduled for 2016. <br />e Annual transfer for Goff Course capital projects. 2014 = net cost for flood reconstruction. <br />f Annual transfer of impact fee revenue for projects eligible for this type of funding. <br />11 <br />y Annual transfer of impact fee revenue for projects eligible for this type of funding. <br />n Annual repayment on $1.8 million loan for capital projects and debt defeasance. Final payment scheduled for 2021. <br />Inter -Fund Transfers Matrix <br />Recommended Budget & Projections from Long -Term Financial Plan <br />2014 -2018 <br />Transfers In <br />CT- Capital Waste- Golf <br />General OS &P Cemetery Projects water Course <br />Transfers Out Fund Fund Fund Fund Fund Fund Total <br />General Fund 2.325,470 a 402.510 b 5,000.000 c 7,727,980 <br />Cemetery Perpetual Care Fund 26,090 d 26,090 <br />Historic Preservation Fund 1.250.000 e 1.250.000 <br />Capital Projects Fund 1.625.000 f 1.625,000 <br />Impact Fee Fund 1,508,000 g 1,886,000 0 3,394,000 <br />Golf Course Fund 900.000 i 900.000 <br />Total <br />1.250.000 3 833 470 428.600 6.886.000 900 000 1 625 000 14.923.070 <br />▪ Five years of annual recurring subsidies for operations and capital. <br />Five years of annual recurring subsidies for operations and capital <br />A one -time, non - recurring transfer to fund capital projects (2014). <br />a Five years of annual recurring transfers of interest earned used to fund operations and capt /al. <br />e Three (2014 -2016) final annual repayments on $1.5 million loan to fund acguistion of the Grain Elevator. <br />f 2014 Transfer for Golf Course capital projects. 2014 = net cost for flood reconstruction. <br />12 <br />g Five years of annual transfers of impact fee revenue for projects eligible for this type of funding. <br />n Five years of annual transfers of impact fee revenue for projects eligible for this type of funding. <br />Five years of annual repayments on $1.8 million loan for capital projects and debt defeasance. Final payment scheduled for 2021. <br />11 6 <br />
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