Page 91 - NRH FY20 Approved Budget

FISCAL YEAR 2019-2020
WORKING CAPITAL BALANCE SUMMARY - ALL FUNDS

Working Capital is defined as current assets minus current liabilities and other restrictions (existing encumbrances, balances in projects underway, and other
restrictions). Maintaining an appropriate level of working capital balance is essential for the City to mitigate financial risk that can occur from unforeseen
revenue shortfalls, unanticipated expenditures, or any other adverse circumstances. The City maintains an appropriate working capital balance level within
each fund as determined by best practice and City policy. The Working Capital Balance Summary shows an estimated beginning balance as of September 30,
2018 for all budgeted funds along with the estimated impact based upon the FY 2018-2019 Revised Budget and FY 2019-2020 Adopted Budget.

FY 2018-2019 FY 2019-2020
Revised Budget FY 2018-2019 Adopted Budget FY 2019-2020
ESTIMATE AS OF Increase Revised Budget Increase Adopted Budget
FUND 09/30/18 (Decrease) Ending Balance (Decrease) Ending Balance

General Fund (Unreserved/Undesignated) $ 11,958,610 $ (179,218) $ 11,779,392 $ 18,264 $ 11,797,656
General Fund Designated for Municipal Court $ 643,223 $ (3,436) $ 639,787 $ (59,800) $ 579,987
Technology & Security
General Fund Designated for Franchise Peg $ 480,886 $ 131,669 $ 612,555 $ 85,420 $ 697,975
Fees
General Fund Designated for Record $ 4,000 $ - $ 4,000 $ - $ 4,000
Preservation Fee
General Debt Service Fund* $ 910,366 $ 109,440 $ 1,019,806 $ - $ 1,019,806

Utility Fund Unrestricted $ 4,607,433 $ (2,024,936) $ 2,582,497 $ 2,043,608 $ 4,626,105
Golf Course Fund Unrestricted $ (130,549) $ 154,519 $ 23,970 $ - $ 23,970

Aquatic Park Fund Unrestricted $ (428,717) $ (32,507) $ (461,224) $ 357,669 $ (103,555)

Facilities & Construction Services Fund $ 2,344,904 $ (101,740) $ 2,243,164 $ 130,824 $ 2,373,988
Fleet Services Fund $ 2,775,390 $ (1,129,977) $ 1,645,413 $ (437,013) $ 1,208,400

Self Insurance Fund $ 3,873,876 $ 1,298,288 $ 5,172,164 $ 279,804 $ 5,451,968
Information Technology Fund $ 2,068,016 $ (434,589) $ 1,633,427 $ (266,152) $ 1,367,275

Promotional Fund $ 705,831 $ 28,191 $ 734,022 $ 16,354 $ 750,376
Donations Fund $ 657,358 $ (81,707) $ 575,651 $ (25,162) $ 550,489

Special Investigation Fund $ 313,115 $ (105,325) $ 207,790 $ (107,800) $ 99,990
Drainage Utility Fund $ 666,745 $ 391,358 $ 1,058,103 $ 773,401 $ 1,831,504

Gas Development Fund $ 923,858 $ 1,573,230 $ 2,497,088 $ (970,679) $ 1,526,409
Traffic Safety Fund $ 648,433 $ 11,109 $ 659,542 $ (86,726) $ 572,816

Park & Recreation Facilities Development Fund $ 722,383 $ 217,710 $ 940,093 $ (224,057) $ 716,036

Recreation Centre $ 2,419,940 $ 299,664 $ 2,719,604 $ 239,154 $ 2,958,758
Economic Development Fund $ 1,231,031 $ 127,374 $ 1,358,405 $ 129,984 $ 1,488,389

Crime Control & Prevention District Fund $ 808,487 $ (240,107) $ 568,380 $ - $ 568,380

*CAFR undesignated fund balance.

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