Page 345 - FY 19 Budget Forecast 91218.xlsx

FACILITY CAPITAL REPLACEMENT FUND

FUND DESCRIPTION:
The Facility Capital Replacement Fund is an internal service fund funded thru transfers from other funds, interest revenue,
and sale of assets. Expenditures provide for the repair and/or replacement of capital items at various city facilities such as
roofs, air conditioners, and generators. The annual transfers are determined by dividing the anticipated future repair or
replacement costs by anticipated life for each capital item. The fund stabilizes other operating funds spending by allowing
for an annual payment for repair or replacement rather one-time increase at the time of repair or replacement. The fund is
anticipated to cover all city facilities except the Police department which funds repair and replacements thru the KCCPD and
the Pointe which funds repairs and replacements thru membership fees.

REVENUE SUMMARY

FY 2018-19
FY 2016-17 FY 2017-18 FY 2017-18 Adopted Budget
REVENUES Actual Budget YE Proj. Budget Variance ($)

Transfer From General Fund $ 400,000 $ 400,000 $ 400,000 $ 400,000 -
Interest Revenue-Investments 482 100 5,322 100 -

TOTAL $ 400,482 $ 400,100 $ 405,322 $ 400,100 -

EXPENDITURE SUMMARY

FY 2018-19
FY 2016-17 FY 2017-18 FY 2017-18 Adopted Budget
EXPENDITURES BY CATEGORY: Actual Budget YE Proj. Budget Variance ($)

EXPENDITURES BY DIVISION:
Non-Departmental $ – $ 387,100 $ 387,100 $ 387,100 -

TOTAL $ – $ 387,100 $ 387,100 $ 387,100 -

Personnel services $ – $ – $ – $ – -
Operations & maintenance – – – – -
Services & other – – – – -
Debt service – – – – -
Transfers to other funds – – – – -
Capital outlay – 387,100 387,100 387,100 -

TOTAL $ – $ 387,100 $ 387,100 $ 387,100 -

343