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RTTTT.nTMC; CAPITAL OUTIAY FUND <br />Interest on investments <br />Operating transfers in <br />Total Building Cap Outlay Fund <br />1994 1994 1995 <br />Revenue Actual Revenue <br />Revenue Budget <br />$ 80,300 $133,491 $100,000 <br />90.000 90.000(b)- ~ <br />$170,300 $223,491 $100,000 <br />======================== <br />Footnotes: <br />(a) The park dedication fees for 1994 were unusually high. The average for the preceding <br />five years was $27,300. with 1990 being the high year at $52,600, and 1991 being the <br />low year at $8,780. As a result the total for any one year is very difficult to predict so we <br />have historicallv projected a lower than average revenue for the park dedication fee. <br />(b) The 1994 budget and actual amounts for the operating transfers in reflects the one ­ <br />time transfer from the Park Fund for the French Lake Preserve park land value. No <br />transfers in are anticipated for 1995. <br />f <br />COUNCIL ACTION REQUESTED: <br />Request approval and adoption of the 1994 and 1995 revenue budgets for the following <br />Special Revenue Funds: Park Fund; Improvement and Equipment Outlay Fund; and the <br />Building Capital Outlay Fund. <br />PROPOSED MOTION: - Moved by,____, seconded by,____, to adopt the revenue <br />budgets as presented for the Special Revenue Funds for 1994: Park Fund, $21,250; Imp <br />and Equip Outlay Fund, $98,550; Building Capital Outlay Fund, $170,300; and as pro­ <br />posed foi 1995: Park Fund, $24,000; Imp and Equip Outlay Fund, $102,900; and the <br />Building Capital Outlay Fund, $100,000. Ayes___, Nays___.