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Cityo <br />f <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 Projection <br />CY Budget <br />Capital <br />$114,543 <br />$468,060 <br />$480,760 <br />Transfers In <br />Source <br />2019 YTD <br />CY Projection <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 />$1,735,360 <br />$1,860,360 <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 />Operational Budget vs Historical Avg <br />Revenue <br />Expenses <br />% CY Budget** Historically* <br />60% 54% <br />43% 47% <br />* Avg % of Revenue or Expenses that the Rec Center historically <br />spends during this reporting timeframe. Based on data from <br />2017-2019. ** Budgeted admendments included <br />SUBTOTALS (CONT'D FROM PG.1) <br />I($190,352) <br />Net Operating Surplus/Deficit <br />I($114,543) <br />Other Operating Expenditures <br />I($304,894) <br />Net Operating Surplus/Deficit + Other Exp. <br />$62,500 <br />CIF Transfer <br />$ 554,830 <br />GF Transfer*** <br />$312,436 <br />Net Change to Fund Balance <br />YTD Net Change to Fund Balance vs Minimum^^ <br />fli <br />436436 <br />$0 $519,436 <br />$336.437 <br />^^The red tick mark indicates required YTD minimum change to ending fund <br />balance to meet reserve requirement of 15% operating expenditures. The $ value at <br />the far right of gauge indicates required YTD net change to meet minimum + R&R <br />Reserve. <br />2019 Ending Fund Balance Projections <br />I$672,873 <br />Minimum Ending Fund Balance for 2019^ <br />I$1,105,182 <br />Targeted Ending Fund Balance for 2019 (includes R&R Reserve) <br />^15% of Operating Expenditures. <br />4 PGi2if 2 <br />