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<br />12/14/2009 <br /> <br />Exhibit A <br /> <br />Table of Recommended Appropriation Revisions FY 2009-10 <br /> <br /> Agency General Fund (807) Agency Housing Fund (806) <br /> New New <br />Item Amount Account Amount Account <br />Working Capital Balance $1,611,226 (1), $4,365,588 (2) <br />Recommended Appropriations <br />SERAF <br />1. State SERAF takeaway FY 2009/10 ($1,400,000) 807-66415 -- -- <br />2. SERAF Borrow -- -- ($2,812,838) 806-66415 <br />Other Proiects and Programs <br />3. Traffic Impact Fee Subsidy Program ($120,000) 807 -66460 -- -- <br />4. Housing Landbanking -- -- ($1,300,000) 806-71953 <br />5. Cedar Street Project -- -- ($250,000) 806-71952 <br />Total Appropriations ($1,520,000) ($4,362,838) <br />Remaining Working Capital Balance $91,226 $2,750 <br /> <br />(1) The October 19, 2009 report to the Agency Board showed a projected $2.86 million remaining working balance in <br />the Agency general fund for FY 2009/10. The difference from this number to the $1,611,226 working capital <br />balance as shown above is a result of two factors: 1) the 1997 final bond payment of $1,339,242 approved by the <br />Board on Oct. 26, 2009, and 2) adjusting the projected gross property tax increment from $7,978,420 to $7,996,828 <br />to reflect the County of San Mateo's levy letter received in late Oct. 2009. <br /> <br />(2) The October 19, 2009 report to the Agency Board showed a projected $4.09 million working capital balance in the <br />Agency housing fund for FY 2009/10. The difference from this number to the $4,365,588 working capital balance as <br />shown above is a result of adjusting the projected tax increment of $4,356,935 to $4,631,237 to reflect the County <br />of San Mateo's levy letter received in late Oct. 2009. <br /> <br />ATTY/RESO/RESO.1969 <br />121009 <br /> <br />2 <br /> <br />RD 09-06 <br />MUFF # 404 <br />