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SUBJECT: <br />2018 YEAR -IN -REVIEW <br />DATE: <br />JULY 16, 2019 <br />PAGE3OF7 <br />Open Space & Parks Fund <br />2018 Projections & 2018 Audited Actuals <br />2018 <br />Projection Actual Variance <br />Beginning Fund Balance 2,64,5,825 2,646,825 <br />Plus: Revenue <br />Plus: Transfers -In [2] <br />Less: Expenditures <br />3.164.560 2,397,549 (767,011) [1] <br />1.047.470 1,029,360 (18,110) <br />(5.959.160) (,798,642) 3,160,518 [3] <br />Ending Fund Balance 899,595 3,275,092 2,375,391 <br />Adjustment for Net Carry ForArard Amendment <br />Net Variance <br />(1,565,670) <br />809,121 <br />[1] Due to Delayed Grants on Delayed Capital Projects <br />[2] Transfers from General Fund and Impact Fee Fund <br />[3] Equates to a 52_3% Total 'Turnback" <br />Equates to an 11.7% Operational 'Turnback" <br />Historic Preservation Fund <br />2018 Projections & 2018 Audited Actuals <br />2018 <br />Projection Actual Variance <br />Beginning Fund Balance 1,759,778 1,759,778 <br />Plus: Revenue <br />749,740 775,057 25,317 <br />Less: Expenditures (1,142,310) (423,464) 718,846 [1] <br />Ending Fund Balance 1,361,208 2,111,371 744,163 <br />Adjustment for Carry For. and Amendment <br />Net Variance <br />(290,500) <br />453,663 <br />[1] Due to Positive Variances within Incentives and Capital Categories <br />CITY COUNCIL COMMUNICATION <br />5 <br />