Loading...
HomeMy Public PortalAbout14) 7K 4th Quarter Finance Rpt-Treasurer Rpt,City Council September 4, 2012 Page 2 2. Revenue Summary Report This report is a summary for the period of July 1, 2011 to June 30, 2012. The City received $1 0.4 million (93%) in General Fund so far this year in comparison to the $9.8 million last fiscal year. However, year-end revenue accruals (actual receipt of revenues in July and August that are attributable to June) have yet to be recognized due to timing. Final totals will be reflected in the Comprehensive Annual Financial Report (CAFR) that will be presented later to the City Council when the independent audit is complete. The City's General Fund revenues are summarized into seven categories: a) Taxes include revenues from property tax, sales tax, real estate transfer tax and franchise fees. Property taxes are slightly higher, with an increase of $9,506 or 0.5%. Sales tax is $32,000 or 2% higher, and franchise fees are $10,000 or 2% higher in comparison to the same fourth quarter of Fiscal Year (FY) 2010-11. b) Licenses and Permits include building permits, business license fees, animal license fees, parking permits, impound fees, temporary parking permits, code enforcement fees and in lieu parking fees. Revenue received from building permits is $206,000 or 34% higher due to increased permit fees and business license revenue is $44,000 or 27% higher than the same quarter last fiscal year due to timing of recognizing receipts from one year to the next. Temporary parking permit fees are $24,000 or 26% higher than the fourth quarter of FY 201 0-11 as a result of a fee increase. c) Intergovernmental is primarily Motor Vehicle In Lieu, which is $106,000 or 3% higher than the fourth quarter last fiscal year. d) Charges for Services are from recreation fees, facility rental fees, zoning fees and plan check fees. These revenues are reflected when services, classes or events are provided. Recreation fees are $10,000 or 2% higher; zoning fees are $109,000 or 224% higher; and facility rental fees are $10,000 or 49% higher. These additional increased revenues were the result of the City's Cost of Services Study prepared by Revenue & Cost Specialists. LLC. during the last fiscal year. These new services costs and fee changes were adopted by the City Council for this fiscal year to recover the City's costs for providing services to the community. Also included in this category is the shared maintenance charge to Los Angeles. e) County Public Library for the maintenance provided to the Library parking lot. f) Fines and Forfeitures reflect revenues received from court fines on a monthly basis and parking citations issued by the Los Angeles County Sheriff's Department and the City's Parking Control Officers. The City received $51 ,000 or 12% more in comparison to the same fourth quarter of Fiscal Year (FY) City Council September 4, 2012 Page 3 2010-11. g) Use of Money and Property category is interest earned on City investments. LAIF interest is received on a quarterly basis. Investment earnings with Morgan Stanley Smith Barney and Mutual Securities are received monthly, semiannually or when the account matures. Interest earned on these securities for this quarter was $8,579. The City has been receiving $10,607 monthly from Applebee's for loan and interest payment. The interest portion of each payment is accounted for in this category. Due to decreasing interest rates on investments, the City received a total of $21,000 or 5% less from interest in comparison to the fourth quarter of last fiscal year. In order to achieve a higher yield on the City's investment portfolio, on August 7, 2012 City Council Meeting, the City Council approved a Resolution revising the (FY) 2012-13 Statement of Investment Policy and authorized the City Treasurer to obtain highest interest yields for investments without compromising safety. h) Miscellaneous category reflects revenues received on a monthly basis from reimbursement for AB939, Recyclable Revenue, and Rental Income. This category also includes revenue from the Temple City Redevelopment Agency and Lighting/Landscape District for reimbursement of administrative charges. The City is receiving $2,232 per month for lease payment from Cingular Wireless (AT&T). The City also receives monthly rental payments of $2,550 from the Primrose Property. Special Revenues are received from various funds such as Traffic Safety, Gas Tax, Proposition A, Proposition C, Lighting/Landscape District and Community Development Block Grant (CDBG). Some revenues are received on a monthly basis where others are received when forms are submitted for reimbursement of expenditures. The Special Revenue total is $582,000 or 13% lower this quarter in comparison to the FY 201 0-11 primarily due to the following increases and decreases: $33,000 for Prop A; $32,000 for Prop C, $114,000 for Gas Tax; ($530,000) for Prop 1 B; ($118,000) for CDBG; $30,000 for Sewer Reconstruction; ($149,000) for Energy Efficiency and Conservation Block Grant (EECBG) Grant. Revenue for Prop 1 B and EECBG was received in FY 201 0-11 only, providing an explanation for the material variances. 3. Expenditure Summary Report This report is a preliminary summary for the period of July 1, 2011 to June 30, 2012. Final totals will be reflected in the Comprehensive Annual Financial Report (CAFR) that will be presented to Council later this year. By the end of the fourth quarter, the expenditures are generally still within the budgeted amount. Expenditures such as vehicles, equipment replacement and capital improvements are budgeted separately. City Council September 4, 2012 Page4 As is the City's policy, expenditures are kept to a minimum. The programs that are contracted with Los Angeles County for services are generally a month or two behind due to the County's delay in invoicing the City. These expenditures will be accounted for with the year end accruals. The Insurance/Benefits Program shows a high percentage due to benefits is spread to various departments on an annual basis and will be reflected in the final report for FY 2011-12. The City applied for the State resources to recover eligible costs for reimbursement of the windstorm damages. However, the City is not guaranteed to receive reimbursement as the State currently has a $140 million obligation deficit from previous disasters. To date $303,643 has been incurred from this disaster. The City may have to draw upon General Fund emergency reserves if there is not reimbursement from the State. 4. Capital Improvement Financial Report The fourth quarter expenditures reflect costs for nine projects: • Renovation of circular planter at Live Oak Park, Temple City Park and Monument Sign Project; • Temple City Library Mural; • Replace Seven Windscreens for Tennis Courts at Live Oak Park; • Citywide Traffic Calming Study Master Plan; • Comprehensive Downtown Parking Study and Strategic Plan; • Left turn phasing Las Tunas Drive and Temple City Boulevard for East-West Traffic; • Left turn phasing Olive Street and Baldwin Avenue for North-South Traffic; • Rosemead Boulevard Improvement Project; and • Council Chamber Renovation Project. CONCLUSION: The City Council is requested to review, receive and file the City Treasurer's Report, the Fourth Quarter Preliminary Revenue and Expenditure Summary Reports and the Capital Improvement Financial Report. FISCAL IMPACT: This item does not have an impact on the FY 2011-12 City Budget. Revenues and Expenditures are anticipated to be materially within budget. City Council September 4, 2012 Page 5 ATTACHMENTS: A. City of Temple City Treasurer's Report B. City of Temple City Certificates of Deposit C. City of Temple City Government Securities D. City of Temple City Revenue Summary Report E. City of Temple City Expenditure Summary Report F. City of Temple City Capital Improvement Financial Status Report CITY OF TEMPLE CITY ATTACHMENT B CERTIFICATE OF DEPOSITS-MORGANSTANLEY SMITHBARNEY As of 6/30/2012 Annualized NEXT Note only TRADE SETTLEMENT PRINCIPAL Nominal Rate of Portfolio Weighted COUPON MATURITY Interest DATE DATE AMOUNT Coupon Return Weighting Coupon DATE DATE Paid Communityone Bk 09/22/10 09/24/10 249,000.00 1.50000 1.50000 3.91% 0.05859743 08/02/2010 01/02/2013 M Banco Bilbao 07/20/10 07/23/10 200,000.00 1.45000 1.45000 3.14% 0.04549733 01/23/2011 01/23/2013 s Bank of China 03/29/11 04/06/11 100,000.00 1.00000 1.00000 1.57% 0.01568874 10/06/2011 04/08/2013 s Wilmington Trust Company 10/25/10 10/29/10 100,000.00 1.05000 1.05000 1.57% 0.01647317 04/29/2011 04/29/2013 s Banco Popular De Puerto Rico 04/27/11 05/04/11 100,000.00 1.00000 1.00000 1.57% 0.01568874 11/04/2011 05/06/2013 s Florida Bank 11/09/10 11/17/10 100,000.00 1.15000 1.15000 1.57% 0.01804205 12/17/2010 05/20/2013 M Bank of China 06/02/11 06/08/11 100,000.00 1.00000 1.00000 1.57% 0.01568874 12/08/2011 06/07/2013 s Scotia Bank 06/21/10 07/02/10 100,000.00 2.00000 2.00000 1.57% 0.03137747 01/13/2011 07/02/2013 s Ally Bank 07/20/10 07/23/10 247,000.00 1.80000 1.80000 3.88% 0.06975212 01/23/2011 07/23/2013 s Compass Bank 08/11/11 08/17/11 100,000.00 0.80000 0.80000 1.57% 0.01255099 02/17/2012 08/19/2013 s Aurora Bank 03/01/11 03/09/11 100,000.00 1.20000 1.20000 1.57% 0.01882648 09/09/2011 09/09/2013 s Compass Bank 09/26/11 09/30/11 148,000.00 1.00000 1.00000 2.32% 0.02321933 03/30/2012 09/30/2013 s Safra Natl Bank 09/15/11 09/28/11 98,000.00 0.80000 0.80000 1.54% 0.01229997 03/28/2012 09/30/2013 s Metlife Bank 10/05/10 10/13/10 100,000.00 1.30000 1.30000 1.57% 0.02039536 04/13/2011 10/15/2013 s Parkway Bank and Trust Company 10/04/10 10/13/10 100,000.00 1.25000 1.25000 1.57% 0.01961092 04/13/2011 10/15/2013 s BMW Bank of North America 10/19/10 10/22/10 99,000.00 1.20000 1.20000 1.55% 0.01863822 04/22/2011 10/22/2013 s Doral Bk 11/01/11 11/03/11 148,000.00 1.00000 1.00000 2.32% 0.02321933 05/03/2012 11/04/2013 s Aurora Bank (formerly Lehman) 05/12/11 05/18/11 100,000.00 1.10000 1.10000 1.57% 0.01725761 11/18/2011 11/18/2013 s Synovus (formerly Columbus Bank) 05/25/11 06/02/11 100,000.00 1.10000 1.10000 1.57% 0.01725761 12/02/2011 12/02/2013 s CIT Bank 06/29/10 07/07/10 98,000.00 2.00000 2.00000 1.54% 0.03074992 01/07/2011 01/07/2014 s Mercantile Bank 07/07/10 07/16/10 98,000.00 2.00000 2.00000 1.54% 0.03074992 01/16/2011 01/16/2014 s The Huntington National Bank 01/18/12 01/27/12 248,000.00 0.80000 0.80000 3.89% 0.03112645 07/27/2012 01/27/2014 s First Bank Puerto Rico 02/21/12 02/24/12 165,000.00 0.60000 0.60000 2.59% 0.01553185 03/24/2012 02/24/2014 M Banco Popular De Puerto Rico 03/01/11 03/09/11 100,000.00 1.50000 1.50000 1.57% 0.02353310 09/09/2011 03/10/2014 s American Express Centurion 09/13/11 09/22/11 52,000.00 1.15000 1.15000 0.82% 0.00938186 03/22/2012 03/24/2014 s Discover Bank 05/05/11 05/11/11 102,000.00 1.40000 1.40000 1.60% 0.02240351 11/11/2011 05/12/2014 s GE Capital Financial 05/05/11 05/13/11 148,000.00 1.45000 1.45000 2.32% 0.03366803 11/13/2011 05/13/2014 s American Express Centurion 05/12/11 05/19/11 196,000.00 1.45000 1.45000 3.07% 0.04458739 11/19/2011 05/19/2014 s Sovereign Bank 06/12/12 06/20/12 249,000.00 0.70000 0.70000 3.91% 0.02734547 12/20/2012 06/20/2014 s BMW Bank fo North America 06/21/11 06/30/11 149,000.00 1.30000 1.30000 2.34% 0.03038908 12/30/2011 06/30/2014 s Discover Bank 06/21/11 06/29/11 146,000.00 1.25000 1.25000 2.29% 0.02863194 12/29/2011 06/30/2014 s GE Money Bank 08/02/10 08/06/10 150,000.00 2.05000 2.05000 2.35% 0.04824286 02/06/2011 08/06/2014 s GE Money Bank 08/17/10 08/20/10 98,000.00 1.90000 1.90000 1.54% 0.02921243 02/20/2011 08/20/2014 s World Financial Network Bank 09/06/11 09/14/11 200,000.00 1.50000 1.50000 3.14% 0.04706621 10/02/2011 09/15/2014 M State Bk India Chicago 09/14/10 09/17/10 200,000.00 1.85000 1.85000 3.14% 0.05804832 03/17/2011 09/17/2014 s Bank Hapoalim BM 10/10/11 10/21/11 248,000.00 1.25000 1.25000 3.89% 0.04863508 04/21/2012 10/21/2014 s Banco Santander Puerto Rico 11/08/11 11/22/11 248,000.00 1.40000 1.40000 3.89% 0.05447129 05/22/2012 11/24/2014 s GE Capital Financial Inc. 12/15/10 12/23/10 100,000.00 1.70000 1.70000 1.57% 0.02667085 06/23/2011 12/23/2014 s Barclays Bank 01/03/12 01/11/12 248,000.00 1.25000 1.25000 3.89% 0.04863508 07/11/2012 01/12/2015 s Goldman Sachs Bank 01/18/12 01/25/12 47,000.00 1.30000 1.30000 0.74% 0.00958582 07/25/2012 01/26/2015 s Safra National Bank 01/18/12 01/31/12 150,000.00 1.00000 1.00000 2.35% 0.02353310 07/31/2012 01/30/2015 s Dora! Bank 06/26/12 06/29/12 100,000.00 1.00000 1.00000 1.57% 0.01568874 12/29/2012 06/29/2015 s Mercantile Bank 01/11/11 01/21/11 98,000.00 2.00000 2.00000 1.54% 0.03074992 07/21/2011 07/21/2015 s Cit Bk Salt Lake 08/25/10 09/01/10 100,000.00 2.00000 2.00000 1.57% 0.03137747 03/01/2011 09/01/2015 s CIT Bank 10/13/10 10/20/10 47,000.00 2.05000 2.05000 0.74% 0.01511610 04/20/2011 10/20/2015 s Goldman Sachs Bank USA 08/18/11 08/24/11 200,000.00 1.85000 1.85000 3.14% 0.05804832 02/24/2012 08/24/2016 s $ 6,374,000.00 1.39167 1.39167 100.00% 1.34326169 ··r· CITY OF TEMPLE CITY ATTACHMENT C GOVERNMENT SECURITIES-MORGANSTANLEY SMITHBARNEY As of 6/30/2012 Annualized NEXT ISSUED SETTLEMENT PRINCIPAL Nominal Rate of Portfolio Weighted CALL MATURITY DATE DATE AMOUNT Coupon Return Weighting Coupon DATE DATE 3136FTFU8 10/19/1 1 10/26/11 340,000.00 1.25000 1.25000 17.48% 0.21850900 04/26/2012 10/26/2016 3136FTGW3 10/17/11 11/07111 250,000.00 1.25000 1.25000 12.85% 0.16066838 05/07/2012 11/07/2016 3136FTMT3 11/14/11 11/21/11 355,000.00 1.12500 1.12500 18.25% 0.20533419 05/21/2012 11/21/2016 3i36FTZU6 01/18/12 01/30/12 250,000.00 0.75000 0.75000 12.85% 0.09640103 07/30/2012 01/30/2017 3136FT3HO 02/28/12 03/14/12 100,000.00 0.75000 0.75000 5.14% 0.03856041 09/14/2012 03/14/2017 3136FT2DO 02/21/12 03/22/12 200,000.00 1.00000 1.00000 10.28% 0.10282776 09/22/2012 03/22/2017 3136GONK3 06/12/12 06/28/12 450,000.00 0.75000 0.75000 23.14% 0.17352185 12/28/2012 06/28/2017 Totals/AverC~g!'ls: $ 1,945,000.00 0.98214 0.98214 100.00% 0.99582262 CITY OF TEMPLE CITY GOVERNMENT SECURITIES-MUTUAL SECURITIES As of 6/30/2012 Annualized NEXT ISSUED SETTLEMENT PRINCIPAL Nominal Rate of Portfolio Weighted CALL MATURITY DATE DATE AMOUNT Coupon Return Weighting Coupon DATE DATE 3136GOJL6 05/23/12 06/07/12 1 ,000,000.00 1.00000 1.00000 24.02% 0.24024486 12/7/2012 06/07/2017 313771AA5 06/25/12 06/29/12 1,162,420.00 5.62500 5.62500 27.93% 1.57086803 12/13/2012 06/13/2016 313379M89 05/30/12 06/13/12 2,000,000.00 1.00000 1.00000 48.05% 0.48048972 9/13/2012 06/13/20'17 $ 4,162,420.00 2.54167 2.54167 100.00% 2.29160260 ·r-------· COMMUNITY SERVICES DEPARTMENT PUBLIC SAFETY DIVISION Law Enforcement Traffic Engineering Animal Control Emergency Services Community Preservation Resident Safety Volunteer Program Parking Administration PUBLIC WORKS DIVISION Administration & Engineering Street Cleaning Traffic Signal Maintenance Traffic Signs & Strip Maint. Street Maintenance Sidewalk Maintenance Solid Waste Management Street Lighting MAINTENANCE DIVISION General Government Buildings Parking Facilities Graffiti Abatement SUB TOTAL PROGRAM EXPENDITURES I!! lllllll~~~~~~~~~~~!liii~l!~l~i!i!i!i!i!lllllll!!li!lllllli!i!i!i!i!lllllllllli!ll 1 11111111111111!!11111i!lllli!lli!i!i!lllll!!!!!!!!!!lllllll 2010-11 2010-11 2011-12 2011-12 PERCENT BUDGET YEAR TO bATE BUDGET YEAR TO DATE EXPENDED JUL-JUN JUL-JUN ---------------------------------------------------------------------------------------------------------- 3,628,390 3,262,634 3,638,310 3,079,265 85% 13,280 12,240 25,480 8,840 35% 238,930 194,948 270,670 183,593 68% 611160 45,551 138,165 111,969 81% 337,745 195,295 529,625 433,107 82% 13,510 8,975 0 0 0% 263,935 229,916 405,315 163,420 40% ---------------------------------------------------------------------------------------------------------- 4,556,950 3,949,559 5,007,565 3,980,194 79% 125,140 66,550 212,200 103,342 49% 117,600 107,139 128,340 119,115 93% 115,800 106,141 156,800 125,818 80% 95,980 32,539 116,720 52,538 45% 657,500 158,006 937,500 98,021 10% 115,000 14,144 165,000 16,155 10% 8,690 8,845 8,690 13,511 155% 344,210 283,016 346,575 233,165 67% ---------------------------------------------------------------------------------------------------------- 1,579,920 776,380 2,071,825 761,665 37% 232,000 . 166,445 275,750 248,546 90% 127,340 88,755 130,485 108,876 83% 28,110 33,987 55,400 23,648 43% ---------------------------------------------------------------------------------------------------------- 387,450 289,187 461,635 381,070 83% 13,740,825 11,173,392 15,478,750 11,836,883 76% J CAPITAL IMPROVEMENT PROGRAM PROJECT DETAIL No. Project P10-03 Renovation of Circular Planter at Live Oak Park, Temple City Park, and Monument Sign Project P11-02 Temple City Library Mural P12-01 Replace Seven Windscreens for Tennis Courts at Live Oak Park P12-02 Citywide Park & Open Space Master Plan Recap of Funding Sources (D) (D) (D) (D) CITY OF TEMPLE CITY FINANCIAL STATUS REPORT JUL11-JUN12 Funding Source Park Acquisition General Fund General Fund General Fund General Fund Park Acquisition Budget 77,175 6,000 7,000 100,000 113,000 77,175 TOTAL CIP-PARKS MAINTENANCE I FACILITIES 190,175 (E) = Essential (N) = Necessary (M) =Mandated (R) = Routine ATTACHMENT F PARKS -MAINTENANCE/FACILITIES ACCT. NO. 60-980-59-4810 Year To Date Expenditure Balance 58,808 18,367 1,636 4,364 6,700 300 100,000 67,144 123,031 (D) = Discretionary 1- CAPITAL IMPROVEMENT PROGRAM PROJECT DETAIL No. Project P12-07 Citywide Traffic Calming Study Master Plan Recap of Funding Sources TOTAL CIP-TRAFFIC ENGINEERING (E) = Essential (N) = Necessary (N) CITY OF TEMPLE CITY FINANCIAL STATUS REPORT JUL 11-JUN 12 Funding Source MeasureR MeasureR Budget 140,490 140,490 140,490 (M) = Mandated (R) = Routine TRAFFIC ENGINEERING ACCT. NO. 60-980-62-4810 Year To Date Ex12enditure Balance 78,167 62,323 78,167 62,323 (D) = Discretionary _j CAPITAL IMPROVEMENT PROGRAM PROJECT DETAIL No. Project P12-06 Comprehensive Downtown Parking Study and Strategic Plan Recap of Funding Sources TOTAL CIP-PARKING ADMINISTRATION (E) = Essential (N) = Necessary (N) CITY OF TEMPLE CITY FINANCIAL STATUS REPORT JUL 11-JUN 12 Funding Source MeasureR MeasureR Budget 140,495 140,495 140,495 (M) = Mandated (R) = Routine PARKING ADMINISTRATION ACCT. NO. 60-980-67-4810 Year To Date Expenditure Balance 76,210 64,285 76,210 64,285 (D) = Discretionary CAPITAL IMPROVEMENT PROGRAM PROJECT DETAIL No. Project P09-01 Left Turn Phasing Las Tunas Drive and Temple City Blvd. for East-West Traffic P09-02 Left Turn Phasing Olive Street and Baldwin Avenue for North-South Traffic c Recap of Funding Sources TOTAL CIP-TRAFFIC SIGNAL MAINTENANCE (E) = Essential (N) = Necessary (N) (N) CITY OF TEMPLE CITY FINANCIAL STATUS REPORT JUL 11-JUN 12 Funding Source Highway Safety lmpr Prog MeasureR Highway Safety lmpr Prog MeasureR Highway Safety lmpr Prog MeasureR Budget 100,615 25,170 125,785 91,655 25,810 117,465 192,270 50,980 243,250 (M) = Mandated (R) = Routine TRAFFIC SIGNAL MAINTENANCE ACCT. NO. 60-980-73-4810 Year To Date Expenditure Balance 104,340 21,445 88,109 29,356 192,449 50,801 (D) = Discretionary CAPITAL IMPROVEMENT PROGRAM PROJECT DETAIL No. Project P08-07 Upgrade Sewer Line on Longden from Muscatel (N) to Encinita P08-11 Rosemead Boulevard Improvement Project (N) P11-01 Bicyle Master Plan (D) P12-03 Rosemead Boulevard Sewer Upgrade (N) P12-04 Citywide Upgrade Traffic Street Signage (M) CITY OF TEMPLE CITY FINANCIAL STATUS REPORT JUL11-JUN12 Funding Source Sewer Reconstruction Environment Protection Agency Prop A Prop C Prop1B Traffic Congestion Relief MeasureR Lighting/Landscape District , Surface Transp. Progr. Local Highway Safety lmpr Prog Temple City CRA SAFE LU Rubberized Asphalt ConcretE Grant SB821/TDA Traffic Congestion Relief Clean Water State Revolving Fund MeasureR Budget 400,000 338,000 738,000 1,500,000 3,961,825 958,010 350,000 443,700 2,000,000 1,007,565 340,000 1,040,000 719,920 110,250 12,431,270 49,295 30,000 79,295 1,400,000 100,000 (E) = Essential (N) = Necessary (M) = Mandated (R) = Routine ----·--------- STREET CONSTRUCTION ACCT. NO. 60-980-75-4810 Year To Date Expenditure Balance 738,000 1,034,671 11,396,599 79,295 1,400,000 100,000 (D) = Discretionary CAPITAL IMPROVEMENT PROGRAM PROJECT DETAIL No. Project Recap of Funding Sources TOTAL CIP-STREET CONSTRUCTION (E) = Essential (N) = Necessary CITY OF TEMPLE CITY FINANCIAL STATUS REPORT JUL11-JUN12 Funding Source Prop A Prop C Prop 1B SB821/TDA Traffic Congestion Relief MeasureR Sewer Reconstruction Lighting/Landscape District Surface Transp. Progr. Local Highway Safety lmpr Prog Temple City CRA SAFE LU Rubberized Asphalt ConcretE Grant Environment Protection Agency Clean Water State Revolving Fund Budget 1,500,000 3,961,825 958,010 49,295 380,000 543,700 400,000 2,000,000 1,007,565 340,000 1,040,000 719,920 110,250 338,000 1,400,000 14,748,565 (M) = Mandated (R) = Routine STREET CONSTRUCTION ACCT. NO. 60-980-75-4810 Year To Date Expenditure Balance 1,034,671 13,713,894 (D) = Discretionary I CAPITAL IMPROVEMENT PROGRAM PROJECT DETAIL No. Project P12-05 Sidewalk Maintenance ADA Ramps Recap of Funding Sources TOTAL CIP-SIDEWALK MAINTENANCE (E) = Essential (N) = Necessary (M) CITY OF TEMPLE CITY FINANCIAL STATUS REPORT JUL 11-JUN 12 Funding Source CDBG CDBG Budget 125,000 125,000 125,000 (M) = Mandated (R) = Routine SIDEWALK MAINTENANCE ACCT. NO. 60-980-76-4810 Year To Date Expenditure Balance 125,000 -125,000 (D) = Discretionary CAPITAL IMPROVEMENT PROGRAM PROJECT DETAIL No. Project P03-16 Storage building-La Rosa City Yard P10-05 Council Chamber Renovation Recap of Funding Sources TOTAL CIP-GEN GOV'T BLDGS (E) = Essential ~N) = Necessary (D) (N) CITY OF TEMPLE CITY FINANCIAL STATUS REPORT JUL 11-JUN 12 Funding Source General Fund General Fund General Fund Budget 15,000 150,000 165,000 165,000 (M) = Mandated (R) = Routine GENERAL GOVERNMENT BUILDINGS ACCT. NO. 60-980-81-4810 Year To Date Expenditure Balance 15,000 174 149,826 174 164,826 (D) = Discretionary -~-·-_l