Page 130 - PowerPoint Presentation

Transfer in from Other Funds – ($1,250,000)
Transfers in from Fund 412 to Fund 411 for $250K and from Fund 100 to Fund 410 of $1M for
capital related expenditures.

EXPENDITURES
Expenditures are budgeted at $3M; an 38% increase of $822K from prior year revised.

Capital Project Fund 410 – ($2,491,720)
This consists of Capital Project Fund activities, which increased $1.4M given the expected economic
activity this upcoming fiscal year. The budgeted capital projects include the following:
 Roanoke Road Reconstruction & Drainage South - $700,955
 SH114 Service Road Construction - $100,000
 GPS Opticom Traffic Control - $91,250
 Wayfinding Signage - $214,700
 Cemetery Improvements - $250,000
 Dove/Pearson/Aspen Trail – $459,250
 Pearson Lane Recon/Drainage - $475,565

Westlake Academy Arts & Sciences Center Fund 411 – ($250,000)
Includes preliminary planning services for the WA Arts & Sciences Center.

Transfer Outs - ($250,000)
Transfer out to from Fund 412 to Fund 411.

FUND BALANCE
The combined ending fund balance is projected to be $6.5M.
 Capital Project Fund 410 is projected to be $2.4M
 Westlake Academy Arts and Sciences Center Fund 411 is projected to be $2.5M
 Westlake Academy Expansion Fund 412 is projected to be $1.6M

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