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PERMANENT IMPROVEMENT REVOLVING FUND {PIR)
<br />Fnnction: Public Worl�
<br />Supervisor: Director oi Finance and Administrative Services
<br />Fand#: 41i
<br />Activity#: N/A
<br />Activity Scope
<br />This fund was established to teznporariiy finance pave�n.eni nn.an.agemeni projects being
<br />partially financed by special assessments or for �igh cost ianprovements for which bonds
<br />have not been. issued. In 2006, the Municipal Land and Builc�ings Fund, Non-Assessab�e
<br />Road �npravement Fund, and Capitai �nprovements �und were consolidated into the
<br />PIR Fi�nd.
<br />Obiectives
<br />1. To maintain. fhe City's streets and roadways.
<br />2. To r�aintain City ir�frastruc�zre.
<br />Issues
<br />i. Finding adequate funding resources #'or the variaus projects.
<br />Mcasurable Worklaad Da#a
<br />NlA
<br />Bud�et Commentary
<br />The 2012 proj�cts are listed in the proposed fve-year capitai irnprovement piar�. (AlI
<br />expenditures are reclassified as capital outlay, b�t act�al show in categories such. as
<br />Engzneering, etc. on the budget below.)
<br />Bud�et S�mznary
<br />Punctlon: Publ':c Warks
<br />Pa�emen[
<br />Ap�ropriation Detail
<br />Ac[ual Ac[ual 8udgef Amended Pmjected Aropased Advpted % Change
<br />Actiuly F'( 2009 FY 2010 FY 2Di1 FY 2011 613012QiS FY 20t2 F1' 2012 i1 rs 12
<br />Revenues
<br />SpecialAssessments 410,935 388,758 4Q0,000 400,000 204,10i 400,OU0 - 0.06%
<br />Miscellaneous 173,890 i5fl,618 180,000 180,000 38,028 i35,00Cj - -25,OQ°�
<br />iransfer 200.Q00 240,000 2�0,000 20D.400 200.000 - 0.06°k
<br />Department Tatal $ 790,825 $ 739,386 $ 780.000 $ 780,40(3 $ 242,]29 $ 735.00fl $ - 5.77°h
<br />Ex e___� n9�ture§
<br />Total Matedals and Supplies 381 949 - - - - - 0.00%
<br />OlherSenices and Charges 179,478 393,i07 - - fi3,242 - - 0.00%
<br />Capital Qutlay 908,727 577,700 1,971,090 f,974,000 44,743 1,578,508 - -19.91%
<br />DepaRment Total $ 3,088,588 $ 779,356 $ i,971,000 $ f,971,600 $ 77,985 g 1,643,508 $ - -16.62%
<br />�und Balance - January 1 8,059,072 5,76i,37i 5,729,547 5.729,54i ' 5,729,541 q,538,541
<br />EzcessReuenuaOeerExpendifure (297,784) (31,770) {1,�91,00�� (S,f91,6D0) 164,144 {908,508) -
<br />Fund Balance- Oecember 31 $ 5,761,3it $ 5,729,541 $ 4,536,541 $ 4,538,54i $ 5.893,684 $ 3,G30,033 $ -
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