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Attachment 5
FY 2018/19 and FY 2019/20 ESTIMATED GENERAL FUND BALANCE ACTIVITIES ATTACHMENT 5 Budget StabilizationCatastrophic Pension/OPEBOpen SpaceSustainabilityStrategic PlanningCapital/Special ProjectsCarryforward EncumbrancesCompensated AbsencesVehicle Maint & Stores Res.Surplus Property ReserveEstimated Allocated Fund BalanceTotal GF Balance5,037,243$ 5,037,243$ 2,878,913$ 562,000$ 140,553$ 129,090$ 14,421,203$ 99,927$ 2,122,512$ -$ -$ -$ 30,428,684$ To Pension/OPEB Reserve (Fund Balance Resolution 2018-029)1,000,000 (1,000,000) Transfer to GFAR (FY 2018/19 Budget Resolution 2018-028)(2,335,220) Transfer to Equip. Repl. Fund (FY 2018/19 Budget Resolution 2018-028)(450,000) To PARS Trust (FY 2018/19 Budget Resolution 2018-028)(3,188,913) Use of Reserve - Developer Fee Collected (Council Action 3/19/2019 Item 6)(600,000) Surplus Property Reserve (Resolution 2018-052)1,905,000 Closing Veh Maintand Stores Funds Estimated Residual Balance 1,005,069 FY 2018/19 Estimated Year-End Surplus 2,807,085 Reserve 25% of GF Operating Expenditure 381,979 381,979 (763,958) Close Budget Strategy Reserve (129,090) 129,090 Additional Funding To Pension/OPEB Reserve (January 2019 Priority Session)1,337,500 (1,337,500) Additional Funding To Pension/OPEB Reserve (May 2019 Budget Hearing)1,905,000 (1,905,000) 5,419,222$ 5,419,222$ 3,932,500$ 562,000$ 140,553$ -$ 8,063,615$ 99,927$ 2,122,512$ 1,005,069$ -$ 2,807,085$ 29,571,705$ Additional Funding for PCI Improvements (January 2019 Priority Session)(1,337,500) Downtown Revitalization (January 2019 Priority Session)(1,000,000) Downtown Revitalization (May 2019 Budget Hearing)(972,384) Additional Capital Projects (152,000) (3,220,000) 50% of Com. Abs. to Workers' Comp (1,061,256) Additional Grant (May 2019 Budget Hearing)(5,000) Additional Side Walk Cleaning (May 2019 Budget Hearing)(27,685) FY 2019/20 Estimated Year-End Surplus 143,442 5,419,222$ 5,419,222$ 3,932,500$ 410,000$ 140,553$ -$ 2,506,115$ 99,927$ 1,061,256$ -$ -$ 2,950,527$ 21,939,322$ Estimated General Fund Balance June 30, 2020 Actual General Fund Balance June 30, 2018 Estimated FY 2018/19Estimated General Fund Balance June 30, 2019