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Finance Committee Agenda and Packet 2019 08 16
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Finance Committee Agenda and Packet 2019 08 16
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3/10/2021 2:34:18 PM
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8/26/2019 9:37:45 AM
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City Council Records
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Boards Commissions Committees Records
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L <br />Cityof <br />Louisville <br />Parks & Recreation <br />RECREATION / SENIOR CENTER <br />PG.2 <br />Other O.eratin. Ex.enditures <br />Source <br />2019 YTD <br />CY Budget <br />Capital <br />Total <br />($121,943) <br />($121,943) <br />($480,760) <br />($480,760) <br />Transfers In <br />Source <br />2019 YTD <br />CY Budget*** <br />Tfer from Capital Projs Fund <br />Xfer from General Fund <br />Total <br />$62,500 <br />$867,680 <br />$930,180 <br />$125,000 <br />$1,109,660 <br />$1,234,660 <br />*** Initial seed amount of $625,700 has been subtracted from Xfer from General Fund. <br />Budget vs Historical Averages <br />Revenue <br />Expenses <br />% CY Budget** Historically* <br />60% 63% <br />45% 51% <br />* Avg % of Revenue or Expenses that the Rec Center historically <br />spends during this reporting timeframe. Based on data from <br />2016-2019. ** Budgeted admendments included <br />SUBTOTALS (CONT'D FROM PG.1) <br />I($139,689) <br />Net Operating Surplus/Deficit <br />I($121,943) <br />Other Operating Expenditures <br />I($261,633) <br />Vet Operating Surplus/Deficit + Other Exp. <br />$62,500 <br />CIF Transfer <br />$554,830 <br />GF Transfer*** <br />I$355,697 <br />Net Change to Fund Balance <br />I$663,900 <br />Minimum Ending Fund Balance for 2019 <br />$811,200 <br />Targeted Ending Fund Balance for 2019 (includes R&R Reserve) <br />4 PG126f 2 <br />
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