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SUBJECT: <br />2020 YEAR -IN -REVIEW <br />DATE: <br />J U LY 23, 2021 <br />PAGE3OF7 <br />significant factor when analyzing the General Fund, but may be very significant when <br />analyzing funds that contain large amounts of capital outlay. <br />The following tables present the same actual -versus -projection analysis for the City's <br />other main operating funds, including the: <br />• Open Space & Parks Fund; <br />• Historic Preservation Fund; <br />• Capital Projects Fund; <br />• Water Utility Fund; <br />• Wastewater Utility Fund; <br />• Storm Water Utility Fund; <br />• Consolidated Utility Fund; and <br />• Golf Course Fund. <br />Open Space & Parks Fund <br />MO Projections & MG Audited Actuals <br />Beginning Fund Balance <br />Plus: Revenue <br />Plus: Transfers -In [1] <br />Less: Expenditures <br />2020 <br />Projection Actual <br />Variance <br />2,862,739 2,862,739 <br />3.482_620 3.431.633 <br />1.156.810 1.117.466 <br />(4.362_360) (4.182_144) <br />(61.087) <br />(39.344) <br />170_206 [2] <br />Ending Fund Balance 3,149,819 3,229,595 79,776 <br />Adjustment for Carry Forward Amendment <br />Net Variance <br />(16_500) <br />64,216 <br />[1] Transfers from General Fund and Impact Fee Fund <br />[2] Equates to a 6.6S• Operational Turnback <br />CITY COUNCIL COMMUNICATION <br />