Laserfiche WebLink
SUBJECT: <br />2020 YEAR -IN -REVIEW <br />DATE: <br />J U LY 23, 2021 <br />PAGE 5 OF 7 <br />Capital Projects Funcl <br />MO Projections & MO Audited Actuals <br />Beginning Fund Balance <br />Plus: Revenue <br />Plus: Transfers -In [2] <br />Less: Expenditures <br />Less: Transfers -Out <br />Ending Fund Balance <br />2020 <br />Projection Actual <br />Variance <br />9,707,496 9,707,496 <br />10.697.840 7,634,693 <br />469.170 331.939 <br />(18.169.860) (10.884.401) <br />(126.500) (127.440) <br />(2,963.147) [1] <br />(127.231) <br />72 75.4 6 9 <br />(940) <br />2,478,146 6,662,286 <br />Adjustment for Net Carry Forward Amendment <br />Net Variance <br />4,184,140 <br />(4.838.630) <br />(654,490) <br />[1] Mostly Due to Delayed Grants on Delayed Capital Projects <br />[2] Transfers from Impact Fee Fund <br />Water Utility Fund <br />2020 Projections & 2020 Audited Actuals <br />Beginning Working Capital <br />Plus: Revenue <br />Less: Expenditures <br />Ending Working Capital <br />Projection Actual <br />Variance <br />16,287,695 16,287,695 <br />8.326_600 9.323.678 998.178 <br />(14.917.320) (6.772_963) 8.144.357 [1] <br />9,695,875 18,838,410 <br />Adjustment for Carry Forward Amendment <br />Net Variance <br />9,142,535 <br />(3.992_050) <br />5,150,485 <br />[1] Equates to a 4.2% Operational "Tumback" <br />CITY COUNCIL COMMUNICATION <br />