HomeMy WebLinkAboutThomason 2007 Budget Answers to Bill Thomason questions regarding transfers: 2007 Budget
1. Page 7—2007 $447,962 Transfer in from Restricted Funds—Facilities Fees
Question: This amount did not appear on this same page in 2007. Where is it?
Answer: In 2007 and prior, the transfer from facilities fees to pay for capital
projects was only shown on the Electric Capital Plan page under Source of Funds.
Please refer to page 48 of the 2007 budget.
2. Page 32 - $3,457,082 Loan Proceeds—2006 Project Fund
$2,001,830 Transfer in from Facilities Fees
Question: These amounts did not appear on this same page in 2007. Where are
they?
Answer: In 2007 and prior, the transfer from facilities fees to pay for capital
projects was only shown on the Water Capital Plan page under Source of Funds.
Please refer to page 50 of the 2007 budget.
In the past, when there were items that were self funded like the Donner Lake
Assessment District and the Glenshire loan and repayment schedule, they were
not reflected in the budget sheets. In 2008, we added these transfers in and out so
that the activity would tie to the Finance Master Plan which does track even these
items.