The Capital Purchases Fund provides for General Fund capital purchases and is primarily funded by a transfer of unrestricted fund balance. The city defines capital purchases as any equipment (including software) with a price that exceeds $5,000 and has a useful life of over 3 years. This fund also simplifies the tracking of fixed assets for city staff and auditors and allows for a quick reference for annual capital purchase spending.
CAPITAL PURCHASES FUND History Beginning Fund Balance Revenue Interest Income Sale of Assets Insurance Reimbursements Transfers In General Fund Total Revenue Expenditures Engineering Police Fire Parks & Recreation Streets Neighborhood Services Facilities Maintenance Information Technology
Fund Balance Transfers Out Debt Service
Committed Fund Balance Ending Fund Balance
Fiscal Year 2022 Proposed Budget
2020 Actual
87,492
Budget
Budget 2021 Budget
150,218
2021 Revised
327,795
2022 Budget
6,034
% Change
-95.98%
17,607 22,468 14,838 54,912
-
1,500 1,500
500 500
547,500 547,500
600,000 600,000
600,000 600,000
2,000,000 2,000,000
233% 233%
602,412
600,000
601,500
2,000,500
233%
142,270 108,614 28,664 12,136 6,727 12,591 311,002
51,108 51,108
425,052 187,335 60,608 101,000 133,350 15,917 923,262
466,153 226,219 51,108 30,500 90,000 195,000 1,058,980
1972%
378,903
699,110
6,034
947,554
36%
51,108 51,108
-
327,795
699,110
6,034
500,000 447,554
-
-36%
75
