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<br />Exhibit A
<br />RDA General Fund
<br />Proposed Budget FY 2010-11 and FY 2011-12
<br />
<br />6.38
<br />Page 14
<br />
<br /> 2009/10 2010/11 2011/12
<br />Item FundlDept # Estimated Budget Budget
<br />REVENUE .. ~ ... .... . .
<br />ESTIMATED BEGINNING FUND BALANCE (1) _ _ _$~.55?~~~____ $958,724 $470,933
<br />Subtotal Estm. Beginning Balance $2,555,691 $958,724 -$470-:-93"3 -
<br />TAX INCREMENT AND OTHER REVENUE
<br />Tax Increment 807-30110 and 30120 $7,960,469 $7,830,992 $7.909,302
<br />Interest Income 807-33601 $73.000 $3,800 $3.800
<br />Interest Income - Truslee Accounts 809-33617 $0 $0 $0
<br />Borrow 09/10 Housing Tax Increment $2.812,838 $0 $0
<br />Courthouse Square Rental Income 807-33630 $6,271 $0 $0
<br />DT Program Revenue 807-35010 $112.000 $0 $0
<br />Misc. Revenue 807 -38650 $0 $0 $0
<br />Misc. Grants 1 Donations 807-34831 $85,834 $0 $0
<br />Caltrans EJ Planning Grant 803-344 70 $0 $0 $0
<br />Contributions from private sources 807-38600 $10.000 $6.000 $0
<br />Subtotal Tax Increment and Other Revenue '$1'1";060,412 - -- - $7 ;840, 792" - .-.. . . ....-. --
<br /> $7,913,102
<br />
<br />Total Available Working Capital $13,616,103 $8,799,516 $8,384,035
<br />EXPENDITURES -' '-' .._. .. ....... ... ......... .',..... ... . ~. .. ~. .
<br />FIXED OBLIGATIONS
<br />Debt Service - 1997 Tax Alloc. Bonds 476-61423 $2,202,583 $0 $0
<br />Debt Service - 2003 Tax Alloc. Bonds 438-61423 652,577 $1,860,713 $1,853,975
<br />Subtotal Debt ServIce -$2,855;160 $1,860,713 $1;863~75 '
<br />Other Obligations
<br />State Takeaway SERAF General Fund 807-66415 $749,738 $650.262 $0
<br />State Takeaway SERAF - must encumber $0 $82,738 $0
<br />State Takeaway SERAF Borrow Hsg 806-66415 $2,812,838 $0
<br />Subordinate Tax Sharing Payment 807-66411 $1,744,000 $1,778,880 $1,778,880
<br />RC School District Property Exchange Loan 807-66418 $42,321 $42,321 $42.321
<br />RDA Interest on City Loan 807 -66491 $354,844 $354.844 $354.844
<br />Sequoia Station 807-66454 $0 $0 $0
<br />Repay 09/10 Hsg TI (SERAF) - $0 $562,568 $562.568
<br />Subtotal Other Obligations -$5,703;-741" - $3.471:613 $2,738,613-
<br />Total Fixed ObligatIons $8,558,901 $5.332,326 $4,592,588
<br />ADMINISTRATIVE COSTS
<br />Employee Services (12-29) 159-66410 $2,007,053 $1,947,650 $2,047,660
<br />Supplies & Services (30-61) 159-66410 $403,939 $403,939 $403,939
<br />Internal Services (71-87) 159-6641 0 $208,115 $206,718 $213,743
<br />Total Administrative Costs -- - - - $2.6f9~ 1'07 $"2,558,307 - '-$2~665:342
<br />BUDGET (2)
<br />Budget Reallocations-Prior Year CIP ($349,309)
<br />Traffic Impact Fee Subsidy 807-66460 $120,000 $0 $0
<br />Downtown Developmenl Programs 807-66429 $606,680 $335,950 $337,268
<br />Storefront Improvement Program 807.66464 $102,000 $102,000 $102,000
<br />Economic Development Stimulus Program 807-71796 $300,000
<br />DT Seasonal Banners & Decorations Project 803-71874 $50,000 $0 $0
<br />ED Downtown Precise Plans 803-71913 $150,000
<br />Marina Area Planning Sludy Projecl 803-72033 $100,000 $0 $0
<br />Hoover Mobility Project 803-72034 $400,000 $0 $0
<br />Total Program and Project Allocation $1,479.371 -. $437.950 - . -- $439,268
<br /> I
<br />Total All Expenditures $12,657.379 $8.328.583 $7,697,198
<br /> I
<br />ITotal Working Capital Balance $958.724 $470,933 $686,838
<br />(1) Includes Fund 803. 807, and 809.
<br />(2) Ongoing capital projects and programs budget. expenditures, and balance are listed in Exhibit B.
<br />
<br />As ofJuly 1, 2010
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