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Home My WebLink AboutRES 2015-06RESOLUTION NO. 2015- 06 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DIAMOND BAR AMENDING THE FY14-15 MUNICIPAL BUDGET. WHEREAS, the City Council has adopted Resolution No. 2014-17, A Resolution of the City Council of the City of Diamond Bar approving and adopting a budget for the City of Diamond Bar for the Fiscal Year commencing July 1, 2014 and ending June 30, 2015 including maintenance and operations, special funds and capital improvements and appropriating funds for accounts departments, divisions, object and purposes therein set forth (herein referred to as the 'Budget'); and WHEREAS, the City Council may choose to amend the Budget from time to time throughout the fiscal year; and WHEREAS, an amendment to the FY 2014-15 Budget is attached as Exhibit A; and WHEREAS, the Amendment has been presented to the City Council at a City Council meeting; and WHEREAS, all legal prerequisites to the adoption of this Resolution have occurred. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Diamond Bar as follows: Section 1. The City Council hereby finds and determines that the FY14-15 Annual Budget be amended as set forth in the attached Exhibit A. Section 2. There are hereby appropriated for obligations and expenditures by the City Manager the amounts shown on the attached Exhibit. All obligations and expenditures shall be incurred and made in the manner provided by the provisions of State law and City ordinances and resolutions applicable to purchasing and contracting. The City Clerk shall certify to the adoption of this Resolution. PASSED, ADOPTED AND APPROVED this 3rd day of February , 2015. Ste ye, Ma or 2015-06 I, Tommye Cribbins, City Clerk of the City of Diamond Bar, do hereby certify that the foregoing Resolution was passed, adopted and approved at a regular meeting of the City Council of the City of Diamond Bar held on the 3rd day of February , 2015, by the following vote: AYES: COUNCIL MEMBERS: Herrera, Tanaka, MPT/Lyons, M/Tye NOES: COUNCIL MEMBERS: Mone ABSENT: COUNCIL MEMBERS: Lin ABSTAINED: COUNCIL MEMBERS: None ATTEST: C, Tommye Cribbins, City Clerk of the City of Diamond Bar 8 2015-06 Exhibit A CITY OF DIAMOND BAR FY 2014-15 MID YEAR BUDGET AMENDMENT GENERAIFUND Estimated Resources Property Taxes OtherTaxes State Subventions From Other Agencies Fines & Forfeitures Current Services & Charges Use of Money & Property Cost Reimbursements Transfers -In Other Funds Fund Balance Reserves Appropriations City Council City Attorney City Manager/City Clerk Finance Human Resources Safety Program Information Technology General Government Civic Center Public Information Economic Development Law Enforcement Volunteer Patrol Fire Animal Control Emergency Preparedness Community Dev/Planning Building& Safety Neighborhood Improvement Community Svcs Admin Diamond Bar Center - Ops Park Operations Recreation Public Works - Admin Engineering Road Maintenance Landscape Maintenance Transfer Out - Other Funds Total Appropriations Excess Resources over Approp Fund Bal Reserves @ Beg of year Available Resources Uses of Fund Balance Reserves: Economic Development General Plan Transfer Out- LIADS Emergency Generator Housing Document Scanning System Residential & Collector Rehab g2 Residential & Collector Rehab H3 Grand Ave Enhancement Peterson Park Parking Lot lmpr Reagan Park Parking Lot lmpr Steep Canyon Trail Conn to Canyon Dog Park Improvement Transfer Out -PEG Fees Parkway Curb Removal City Hall Furniture 18,396,688 18,396,688 19,396,688 19,722,314 (500,625) 19,221,688 286,459 19,508,147 315,242 Previous 315,242 Mid Year 25,000 Adopted Budget Adlusbnents Current Budget Amendment Adl Budget 4,182,291 - 4,182,291 106,818 4,289,109 6,260,796 - 6,260,796 (176,796) 6,084,000 4,955,848 - 4,955,848 208,066 5,163,914 337,500 - 337,500 - 337,500 557,000 - 557,000 8,000 565,000 4,536,300 - 4,536,300 457,370 4,993,670 1,065,025 - 1,065,025 57,250 1,122,275 199,500 - 199,500 (80,500) 119,000 1,540,543 - 1,540,543 - 1,540,543 2,125,002 - 2,125,002 6,000 2,131,002 25,759,805 - 25,759,805 586,208 - 26,346,013 156,283 - 156,283 - 156,283 285,000 - 285,000 (45,000) 240,000 963,569 100,000 1,063,569 2,000 1,065,569 576,926 - 576,926 2,500 579,426 288,292 - 288,292 4,000 292,292 - - - 17,500 17,500 883,439 - 883,439 10,000 893,439 344,850 - 344,850 3,000 347,850 683,028 60,682 743,710 21,350 765,060 609,707 21,160 630,867 - 630,867 315,242 83,928 399,170 6,000 405,170 6,124,240 (910) 6,123,330 - 6,123,330 5,000 - 5,000 - 5,000 15,000 - 15,000 - 15,000 140,000 - 140,000 - 140,000 57,390 - 57,390 - 57,390 595,143 - 595,143 3,700 598,843 707,657 - 707,657 47,150 754,807 302,916 3,119 306,035 - 306,035 421,176 - 421,176 - 421,176 1,114,982 27,290 1,142,272 .15,600 1,157,872 1,096,523 7,077 1,103,600 - 1,103,600 1,943,381 8,906 1,952,287 - 1,952,287 804,673 90,424 895,097 (9,888) 885,209 406,786 55,480 462,266 (29,163) 433,103 1,586,151 11,603 1,597,754 (104,000) 1,493,754 230,757 - 230,757 105,000 335,757 3,776,068 31,866 3,807,934 250,000 4,057,934 24,434,179 500,625 24,934,804 299,750 25,234,554 1,325,626 (500,625) 825,001 286,458 1,111,459 18,396,688 18,396,688 19,396,688 19,722,314 (500,625) 19,221,688 286,459 19,508,147 315,242 315,242 6,000 321,242 25,000 25,000 25,000 299,011 299,011 299,011 80,000 80,000 80,000 95,000 100,000 195,000 195,000 341,369 31,866 373,235 373,235 192,831 192,831 192,831 127,169 127,169 127,169 329,000 329,000 329,000 100,000 100,000 100,000 18,370 18,370 18,370 25,000 25,000 25,000 20,397 20,397 20,397 156,613 156,613 156,613 - 36,202 36,202 36,202 2,125,002 168,068 2,293,070 6,000 2,299,070 Est Fund Bal Reserves @ 6/30/15 17,597,312 (668,694) 16,928,618 280,458 17,209,076 Exhibit A 10 FY 2014-15 MIDYEAR BUDGET AMENDMENT GENERAL FUND REVENUES Account # Current Budget Mid Year Amendment Adj Budget Explanation Property Taxes Current Secured 001-30010 3,866,500 111,818 3,978,318 Increase FY 13/14 reed by 2% Current Unsecured 001-30020 171,291 j - 171,291 Supplemental Roll 001-30050 127,500 - 127,500 Prior Year Property Taxes 001-30100 (15,000) (15,000) Misc Property Tax 1 001-30020 2,000 2,000 Interest, Penalties & Delinq 001-30250 30,000 (5,000) 25,000 Based on actual 4,182,291 106,818 4,289,109 Other Taxes Sales Tax 001-31010 2,751,971 (177,380) 2,574,591 Based on HdL Estimates Sales Tax Comp Fund 001-31011 920,825 (7,416) 913,409 Based on HdL Estimates Transient Occupancy Tax 001-31200 800,000 75,000 875,000 Tracking ahead of budget Franchise Tax 001-31210 1,438,000 (30,000) 1,408,000 Change in est for Time Warner Property Transfer Tax 001-31250 350,000 (37,000). 313,000 Tracking lower than expected 6,260,796 (176,796) 6,084,000 State Subventions Homeowners Exemption 001-31340 I 35,000 (5,000) 30,000 Based on FY 13/14 actual Motor Vehicle In -Lieu 001-31700 - 25,010 25,010 Based on actual rec'd VLF - Property Tax In Lieu 001-31701 4,920,848 188,056 5,108,904 Based on payment rec'd in Jan 4,955,848 208,066 5,163,914 From Other Agencies Intergovt Revenue-Oth Cities E001-31900 337,500 337,500 337,500 - 337,500 Fines & Forfeitures Vehicle Code Fines 001-32150 305,000 305,000 General Fines 001-32200 25,000 25,000 Municipal Code Fines 00142210 5,000 5,000 Parking Fines 001-32230 200,000 - 200,000 Impound Fees 001-32250 12,000 3,000 15,000 Tracking ahead of budget False Alarm Fees 001-32270 10,000 5,000 15,000 Collected $8,500 by 12/2014 557,000 8,000 565,000 Building Fees iBuilding Permit Fees 001-34110 573,863 (53,134) 520,729 Per estimated building activity Plumbing Permit Fees 001-34120 34,358 34,693 69,051 Per estimated building activity Electrical Permit Fees 001-34130 36,789 24,774 61,563 Per estimated building activity Mechanical Permit Fees 001-34140 24,348 34,435 58,783 Per estimated building activity Permit Issuance Fees 001-34200 64,024 10,803 74,827 Per estimated building activity Inspection Fees- Bldg 001-34250 10,760 10,760 Per estimated building activity Plan Check Fees- Bldg 001-34300 444,366 63,217 507,583 Per estimated building activity Plan Retention Fee 001-34310 15,211 (771) 14,440 Per estimated building activity 1SMIP Fees 001-34350 3,747 3,170 6,917 Per estimated building activity Bldg Standards Admin 001-34355 1,304 952 2,256 Per estimated building activity Waste Reduction Fees 001-34415 500 500 Per estimated building activity 1,209,270 118,139 1 1,327,4091 10 Exhibit A FY 2014-15 MID YEAR BUDGET AMENDMENT GENERAL FUND REVENUES Account # Current Budget Mid Year Amendment Adj Budget Explanation Planning Fees - Current Planning Fees 001-34430 200,000 200,000 Willow Heights Dev Fee 001-34552 1,500,000 270,000 1,770,000 Revised building schedule Willow Heights Pk Impr Fee 001-34554 384,615 1 69,231 453,846 Revised building schedule Business License Fee 001-34560 22,000^ 22,000 Business License Late Fee 001-34561 3,000 3,000 2,109,615 339,231 2,448,846 Engineering Fees Plan Check Fees - Eng 001-34610 30,000 30,000 Permit Fees -Engineering 001-34620 5,000 5,000 Encroachment Permit 001-34630 75,000 75,000 Inspections - Engineering 001-34640 60,000 60,000 Soils/Misc Eng Fee 001-34650 25,000 25,000 Waste Hauler Fees 001-34662 90,302 90,302 - Industrial Waste 001-34665 30,000 30,000^ 315,302 - 315,302 Recreation Fees CommunityActivities 001-34720 88,475 88,475 Senior Activities 001-3430 7 66,441 66,441 Athletic Programs 001-34740 104,399 104,399 Fee Programs 001-34760 262,798 262,798 Contract Classes 001-34780 275,000 275,000 Special Event Fees 001-34800 105,000 105,000 902,113 - 902,113 Use of Money and Property Investment Earnings 001-36100 127,000 36,700 163,700 Total int tracking @ $227,320. GF =72%of total Gain/Loss on Sale of Invest 001-36120 - 11,000 11,000 Based on actual to date Returned Check Charge 001-36600 225 - 225 Misc Rents & Concessions 001-36610 226,300 - F 226,300 DB Center Rental 001-36615 635,000 -635,000 Facility Security 001-36618 25,000 25,000 Heritage Park Building Rent 001-36620 20,000 - 20,0o0 Parks & Fields Rent 001-36625 20,000 - 20,000 Sale of Assets 001-36630 500 2,600 3,100 Assets sold at General Auction Proceeds from Sale 001-36635 - - Film Permit Revenue 001-36637 - 1,000 1,000 Based on actual City Store Sales 001-36640 - 200 200 DB HistoryBook sales Printed Material Sales 001-36650 2,500 4,000 6,500 Based on actual Donations 001-36660 500 250 750 Based on actual Miscellaneous Revenue 001-36900 2,500 1,500 4,000 Based on actual 1,059,525 57,250 1,116,775 11 Exhibit A FY 2014-15 MID YEAR BUDGET AMENDMENT GENERAL FUND REVENUES Account # Current Budget Mid Year Amendment Adj Budget Explanation l Cost Reimbursements Cost Reimbursement 001-36950 199,500 (78,000) 121,500 Anticipated legal cost recovery ($107,000) + Misc other Prop Damage Reimb - 001-36800 5,000 (2,500) 2,500 Prop Damage Reimb - 001-36810 500 500 205,000 (80,500) 124,500 Interfund Transfers Transfer In - Law Enf Fund 001-39012 200,000 200,000 Transfer In -Traffic Mit Fund 001-39116 - - Transfer In - Gas Tax Fund 001-39111 1,041,063 1,041,063 Transferin - Int Waste Mgmt 001-39115 59,698 59,698 Transferin - Safe Parks Fund 001-39123 130,320 130,320 Transferin - COPS Fund 001-39126 109,462 109,462 1,540,543 - 1,540,543 Total General Fund Revenue Adjustment 23,634,803 580,208 24,215,011 OVA Exhibit A 13 FY 2014-15 MIDYEAR BUDGET AMENDMENT GENERAL FUND APPROPRIATIONS Account# Current Budget Mid Year Amendment] Adj Budget Explanation City Council (4010) Operating Supplies 41200 1,000 (300), 700 Based on actual Rental/Lease of Equip 42130 1,700 300 2,000 Based on actual 2,700 2,700 City Attorney (4020) General Legal Services 44020 135,000 (35,000) 100,000 Based on actual Special LegalServices 44021 25,000 (10,000) 15,000 Based on actual Prof Svcs - Sp Lgl Code Enf 44023 125,000 - 125,000 285,000 (45,000) 240,000 City Manager/City Clerk (4030) Telephone - 42125 - 2,000 1 2,000 CM/CC Cell & Fax 2,000 2,000 Finance (4050) Salaries 40010 360,693 10,000 370,693 Re -allocate costs from Prop A Operating Supplies 41200 2,000 1,000 3,000 Based on actual Printing 42110 2,250 (1,000) 1,250 Travel -Conference 42330 6,000 (2,000) 4,000 Education&Training. 42340 7,050 (3,000) 4,050 Professional Services 44000 6,250 (2,500) 3,750 Finance Special Projects reduced 384,243 2,500 386,743 Human Resources (4060) Benefits Administration 40093 - 5,000 5,000 Health Insurance Admin/Unemployment Claims Employee Recognition Pgm 42347 2,000 (1,000)1 1,000 Moved to Dept. 4065 2,000 4,000 1 6,000 Safety Program (4065) - NEW Operating Supplies 41200 - 500 500 New Safety Program (JPIA) Tools, Equipment, PPE - 7,500 7,500 New Safety Program (JPIA) Membership & Dues 42315 - 1,000 1,000 New Safety Program (JPIA) Publications 42320 - 500 500 New Safety Program (JPIA) Meetings 42325 - 1,000 1,000 ,New Safety Program (JPIA) Education & Training 42340 - 5,000 5,000 New Safety Program (JPIA) Employee Recog Program 42347 - 500 500 New Safety Program (JPIA) Professional Services 44000 - 1,500 1,500 New Safety Program (JPIA) - 17,500 17,500 I 13 Exhibit A FY 2014-15 MID YEAR BUDGET AMENDMENT GENERAL FUND APPROPRIATIONS Account # Current Budget Mid Year Amendment Adj Budget Explanation Information Systems (4070) Salaries 40010 319,625 10,000 329,625 Sick Leave/Vacation Payout higher Re -allocate Costs from Prop A 319,625 10,000 329,625 General Government (4090) Operating Supplies 41200 16,000 3,000 19,000 Based on actual Printing 42110 13,000 3,000 16,000 Based on actual Banking Charges 42128 10,500 3,000 13500 Based on actual Professional Services 44000 105,800 (6,000) 99,800 Prop Tax Admin lower 145,300 3,000 148,300 Civic Center (4093) Maint of Grounds/Bldgs 42210 176,340 3,000 179,340 Windmill Maintenance Capital Improvements 46410 162,480 18,350 180,830 Add'I costs - generator enclosure ($7,800) + City Hall Branding Artwork Project ($10,550) 338,820 21,350 360,170 I Economic Development (4096) Salaries 40010 78,299 5,500 83,799 Sick Leave/Vacation Payout higher Overtime 40020 - 500 500 Overtime not budgeted 78,299 6,000 84,299 Community Development Administration (5210) Over Time Wages 40020 1,500 1,000 2,500 Additional overtime due to higher caseloads Professional Services 44000 3,500 2,700 6,200 Temporary staffing services 5,000 31700 8,700 Building & Safety (5220) Travel -Conference 42330 - 1,500 1,500 Based on actual CS - Building & Safety 45201 580,403 45,650 626,053 Increased Permit Volume/Offset by increased revenue 580,403 47,150 627,553 - Diamond Bar Center (5333) Utilities 42126 80,000 15,600 95,600 Based on actual use Miscellaneous Equip 46250 109,291 109,291 Capital Improvements 46410 51,100 51,100 240,391 15,600 255,991 14 Exhibit A 15 FY 2014-15 MID YEAR BUDGET AMENDMENT GENERAL FUND APPROPRIATIONS Account# Current Mid Year Budget Amendment Adj Budget Explanation Recreation (5350) Membership/Dues 42315 2,115 (500) 1,615 Re -allocation Meetings 42325 1,350 500 1,850 Re -allocation 3,465 3,465 Public Works Admin (5510) Salaries 40010 270,591 (9,888) 260,703 Salary Savings -Assoc Engineer 270,591 (9,888)1 260,703 Engineering (5551) Salaries 40010 157,824 (29,663)1 128,161 SalarySavings- AssocEngineer Overtime 40020 500 500 1,000 Increased caseload 158,324 (29,163)1 129,161 Road Maintenance(5554) Overtime 40020 1,500 1,000 2,500 Higher than anticipated OT .Vegetation Control 45508 105,000 (105,000) - Move to Landscape Maint(5558) 106,500 (104,000) 2,500 Landscape Maintenance (5558) Vegetation Control 45508 105,000 105,000 Move from Road Maint (5554) - 105,000 105,000 Transfers Transfer Out - Com Org Fd 49011 15,000 15,000 Transfer Out - Law Enforce 49012 - 250,000 250,000 Transfer Out - Park Dev Fund 49124 384,615 384,615 Transfer Out - CIPFund 49250 1,687,605 1,687,605 Transfer Out - Debt Svc 49370 848,406 848,406 Transfer Out - Self Ins 49510 386,900 386,900 Transfer Out - Comp Equip 49530 166,000 166,000 Transfer Out - PEG Fees 49135 20,397 20,397 'TransferOut - LLAD #38 49138 99,237 99,237 Transfer Out - LLAD 439 49139 -116,237 116,237 Transfer Out - LLAD #41 49141 102,077 102,077 j 3,826,474 250,000 4,076,474 I Total Appropriation Change 6,747,135 299,750 7,046,885 15 Exhibit A FY 2014-15 MID YEAR BUDGET AMENDMENT SPECIAL FUNDS CHANGES Account# Current Mid Year Budget Amendment Adj Budget Explanation Law Enforcement Reserve Fund (012) TransferIn- GeneralFund 012-39001 - 250,000 250,000 Sheriff's Contract saving Investment Earnings 012-36100 5,000 1,500 6,500 interest 5,000 1 251,500 Transferout- Law Enforc 001-9915-49012 - 250,666E=Sheriffs Contract saving - ( 250,000 250,000 General Plan Revision Fund (015) Investment Earnings 015-36100 - 4,000 4,000 n Brest evenue - 4,000 4,000 Gas Tax (111) Interest Income 111-36100 3,000 2,50051500 Interest Revenue 3,000 2,500 5,500 Proposition A Fund (112) IInvestment Earnings _ 112-36100 8,200 - (4,700)'I 3,500 Base o� n�cTua - 8,200 (4,700) 3,500 !Salaries/Vacation i1Z-5553-40010 99,499 (7,350) 92,149 Change DCM, SMA & MA's salaries from Prop A Fund to Prop C Fund ;City Paid Benefits 112-5553-40070 1,834 ! (109) 1,725 Retierment Benefits 112-5553-40080 17,942 (1,325) 16,617. Workers Comp Expense 11Z-5553-40083 873 (85) 788 Short/Long Term Disability 112-5553-40084 607 (44) 563 Medicare Expense 112-5553-40085 1,520 (110) 1,410 Cafeteria Benefits 112-5553-40090 19,215 (1,035) 18,180 141,490 (10,058) 131,432 Proposition C Fund (113) Dial -A -Cab 113-5553-45529 575,000 (100,000) 475,000 Savings from progm redctn Salaries/Vacation 113-5553-40010 128,958 7,350 136,308 Change DCM, SMA & MA's salaries from Prop A Fund to prop C Fund City Paid Benefits 113-5553-40070 1,599 109 1,708 Retierment Benefits 113-5553-40080 23,254 1,325 24,579 Workers Comp Expense 113-5553-40083 2,376 85 2,461 Short/Long Term Disability 113-5553-40084 787 44 831 Medicare Expense 113-5553-40085 1,870 110 1,980 Cafeteria Benefits 113-5553-40090 1 16,890 1 1,035 17,925 750,734 (89,942) 660,792 __- Integrated Waste Management Fund (115) Transfer out 115-9915-49160 - 16,021 16,021 Used Oil Grt bal tsf-out Transfer out 115-9915-49161 20,000 24,443 44,443 Beverage Grt bal is -out 20,000 _ 40,464 60,464 16 Exhibit A 17 FY 2014-15 MID YEAR BUDGET AMENDMENT SPECIAL FUNDS CHANGES -f"Account # Current Budget Mid Year Amendment Adj Budget Explanation Traffic Improvement Fund (116) Traffic Mitigation -Engineering 116-34660 154,730 19,000 173,730 Based on actual receipt Investment Earnings 116-36100 2,000 3,000 5,000 ase don 6 -mon ac ual 156,730 22,000 L 178,730 Sewer Mitigation Fund (117) Sewer Fees 117-34668 32,400 75,000 107,400 Based on actual receipt Investment Earnings 117-36100 - 500 500 interest Revenue 32,400 75,500 107,900 SB821 Bikeway & Trails (TDA) (119) TSB821 Bikeways & Trails 119-31880 90,115 1 35,853 125,968 Based on CIP expense Investment Earnings 119-36100 250 (150) 100 interest Revenue - 90,365 35,703 126,068 MTA Grant (120) Investment Earnings 120-36100 - 50 50 ased on 6 -mon -actual - -mon ac ua 50 50 50 Prop A- Safe Parks Fund (123) Prop A - Safe Parks Act .123-31815 147,320 247,680 395,000 Based on Bob's estimate 147,320 247,680 395,000 PEG Fees Fund (135) Investment Earnings 135-36100 1,000 (700) 300 Based on 6 -mon actual 1,0001 (700)1 300 Used Motor Oil Grant (160) Used Motor Oil Grant 160-31870 16,021 (268) 15,753 FY14-15 grant anticipation Transfer In - Waste Managemer 160-39115 - 16,021 16,021 Grant bal carry forward Investment Earnings 160-36100 - 50 50 I Interest revenue 16,021 1 15,803 31,824 Recycling Printing 160-5516-42110 3,000 1 2,774 5,774 Based on exp projections Recycling Advertising 160-5516-42115 8,021 5,979 14,000 Based on exp projections Recycling Postage 160-5516-42120 1,000 2,000 3,000 jBased on exp projections Recycling Professional Svcs 160-5516-44000 2,000 5,000 7,000 Based on exp projections Recycling Contract Svcs 160-5516-45500 2,000 - 2,000 Based on exp projections 16,021 1 15,753 31,774 17 Exhibit A 10 FY 2014-15 MIDYEAR BUDGET AMENDMENT SPECIAL FUNDS CHANGES _Current Account # Budget Mid Year Amendment Adj Budget Explanation Beverage Container Recycling Grant (161) Transfer In - Waste Managemer 161-39115 20,00024,443 44,443 Grant bal carry forward Investment Earnings 161-36100 200 (50) 150 Interest revenue 20,200 24,393 44,593 Recycling Operating Supplies 161-5516-41200 2,244 10,256 12,500 Based on exp projections Recycling Printing 161-5516-42110 1,000 1,500 2,500 Based on exp projections Recycling Advertising 161-5516-42115 2,000 3,000 5,000 Based on exp projections Recycling Postage 161-5516-42120 500 500 1,000 Based on exp projections Recycling Professional Svcs 161-5516-44000 - 8,000 8,500 16,500 Based on exp projections 13,744 23,756 37,500 Equipment Replacement Fund (520) j Investment Earnings 520-36100 1,000 1,500 2,500 (Based on 6 -mon actual 1,000 1,500 2,500 (Depreciation _ _ Expenses 520-4090-42215 7,500 2,500 10,000 Based on actual last -year 7,500 2,500 10,000 Computer Equip Replacement Fund (530) Investment Earnings 530-36100 500 1,000 1,500 Baseddon-mon ac ual --- 500 1,000 1,500 Depreciation Expense 530-4070-42215 29,000 15,000 44,000',Based on -actual last -year _ 29,000 15,000 44,000 Building Fac & Maint Fund (540) Investment Earnings 540-36100 100 700 800aseclmon -actual 100 700 800 Total revenue 676,929 Less: transfer -in (290,464) Net increase 386,465 Totalexpenditure 247,473.17 Less: transfer -out (290,464) Net increase (42,991) Net revenue/(expense) 429,456 10