Rancho Palos Verdes City Council
   

6/3/2003 Beginning Reserves Expenditures Net Transfers Ending Reserves 6/1/2004
6/3/2003 Beginning Reserves Expenditures Net Transfers Ending Reserves 6/1/2004
Exhibit A - FY03-04 Statement of Estimated General Fund Reserves

Date

Beginning Reserves

Revenues

Expenditures

Net Transfers

Ending Reserves

Budget Adoption (estimate)

6/3/2003

8,191,171

11,719,406

(10,974,131)

(661,765)

8,274,681

Changes:

Student & The Law

7/1/2003

(20,406)

CORE Deputies

7/15/2003

(61,500)

Catch Basin Maintenance

8/19/2003

(2,000)

Continuing Appropriation Error

8/19/2003

(30)

Temporary Full-Time Engineer

9/16/2003

(64,000)

Sale of CDBG Monies

11/6/2003

230,000

Draft EIR for South Coast County Golf Course

11/18/2003

(5,000)

South Eastview Traffic Calming Study

11/18/2003

(9,870)

Insurance Proceeds from San Ramon Project

12/11/2003

1,700,000

NCCP Lobbyist

12/16/2003

(5,000)

Extraordinary Park & Open Space Repairs

12/16/2003

(30,000)

Close and Audit of FY02-03

1/6/2004

1,415,473

Planning Commission Conference Attendance

2/3/2004

(5,000)

Girls Softball Field Location Study

2/3/2004

(15,000)

Miscellaneous Midyear Revenue Estimate Adjustments

2/17/2004

(54,907)

NCCP Grant for Ortho-photographic Maps

2/17/2004

69,000

Proposed Cable Franchise Modifications - Legal Fees

2/17/2004

(50,000)

Indian Ridge Crest Gardens Lawsuit - Legal Fees

2/17/2004

(100,000)

Accounting Software License Fees

2/17/2004

(9,000)

Custodial Services - PVIC Trailers & Cable Studio

2/17/2004

(6,000)

Ortho-photographic Maps

2/17/2004

(69,000)

NCCP Lobbyist - April 2004 through June 2004

3/16/2004

(15,000)

L.A. Air Force Base Regional Alliance

3/30/2004

(5,000)

City Council Team Building Workshop

5/4/2004

(12,000)

Sale of CDBG Monies

6/10/2004

93,750

Revised Estimates

9,606,644

13,757,249

(11,457,937)

(661,765)

11,244,191

Reserve Policy Level

6,878,625

Reserves in Excess of Policy Level

163%

4,365,567

Exhibit B - FY04-05 Statement of Estimated General Fund Reserves

Date

Beginning Reserves

Revenues

Expenditures

Net Transfers

Ending Reserves

Budget Adoption (estimate)

6/1/2004

11,244,191

12,081,300

(11,554,456)

(2,129,513)

9,641,522

Changes:

NATOA Membership for RPV TV Channel 33

6/15/2004

(500)

Traffic Engineering Consultant (FY03-04)

6/15/2004

(20,000)

Elevator (FY03-04)

6/15/2004

(77,222)

Election Costs (FY03-04)

7/6/2004

(24,176)

Abalone Cove Sewer Assessment Subsidy

7/6/2004

(12,761)

Revised Estimates

11,122,793

12,081,300

(11,554,956)

(2,142,274)

9,506,863

Reserve Policy Level

6,040,650

Reserves in Excess of Policy Level

157%

3,466,213