Page 95 - NRH FY20 Approved Budget

CHANGES IN FUND BALANCE SUMMARY

Self-Insurance Fund
FY 2018/19 FY 2019/20
An appropriation of fund balance in the amount of An appropriation of fund balance in the amount of
$100,000 is included for the City’s annual $100,000 is included for the City’s annual
contribution to the Retiree Health Care Fund. contribution to the Retiree Health Care Fund.
$1,398,288 is estimated to be contributed to reserves $379,804 is estimated to be contributed to reserves
from the forecasted positive operating balance. from the forecasted positive operating balance.

Information Services Fund
FY 2018/19 FY 2019/20
An appropriation of fund balance in the amount of There is an appropriation of fund balance of
$74,618 was made to cover prior year $266,152 for funding one-time IT equipment
encumbrances. $359,971 is anticipated to be drawn purchases.
from reserves with the vast majority of the draw down
for the cash funded portion of the capital project for
the replacement of the City’s Enterprise Resource
System.

Promotional Fund
FY 2018/19 FY 2019/20
$28,191 is estimated to be contributed to reserves from $16,354 is estimated to be contributed to reserves
the forecasted positive operating balance. from the forecasted positive operating balance.

Donations Fund
FY 2018/19 FY 2019/20
An appropriation of fund balance in the amount of Appropriations of fund balance for Teen Court,
$24,682 was made to cover prior year encumbrances. Library, Neighborhood Services, Parks & Rec, and
Appropriations of fund balance for Teen Court, Library, Police reduce this fund by $61,938. This is partially
Neighborhood Services, Parks & Rec, and Police offset by projected revenues exceeding projected
reduce this fund by $95,132. This is partially offset by expenditures by $36,776.
projected revenues exceeding projected expenditures
by $38,107.

Special Investigations Fund
FY 2018/19 FY 2019/20
$105,325 is planned to be drawn down to cover one- $107,800 is planned to be drawn down to cover
time expenditures. one-time expenditures.

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