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<br />carried unanimously. <br /> <br /> <br /> <br />The following is a note from the City Finance Director recorded here for future reference. <br /> <br />SUBJECT: 2012 Parks & Recreation Budget for City Council Review <br /> <br /> <br />From Mr. Mike Jeziorski, Finance Director: <br /> <br />Please find attached a summary of the City of Centerville's general fund balance and the portions that <br />are either proposed to be restricted or are restricted for Parks & Recreation at 8/31/11. Again the <br />restriction for the 8K run carry over is subject to the expenses that were discussed at our meeting today <br /> <br />and council approval. Chairperson Branch had some questions as follows: <br /> <br />How much money do we have in the reserve account set aside for the sand volley ball court? <br /> <br />According to the 101-45201-374 Parks & Recreation Reserve there is $2803.81 in that line. But based <br />on this note there are two lines that look like they should be in line - 374. <br /> <br />There is $2500 in a line that reads Park and Rec volleyball court and a line that reads $2444.24 8K run <br />proceeds. Neither of those two lines agree with the $2803.81 reported in the end of August Report. <br /> <br />Are those two lines additive. That would give us $4944 then if the Council agrees to set aside this year’s <br />8K proceeds we are well on our way to building that volleyball court? <br /> <br />Mr. Jeziorski answered: <br />The reserve account line item within your monthly financial accounts for the <br />money spent in reserve year to date. In 2011 the Park and Recreation spent $2,803.81, essentially <br />zeroing out all reserves associated with your 8K run from the prior years. <br /> <br />Given you had a net proceeds in your 8K operation for 2011 and still carried a balance from the prior <br />year in association with your volleyball court at the end of 2011 we are projecting you to have the <br />following reserves: (subject to remaining expenses and the council approves the carry over of 8K run <br />proceeds) <br /> <br /> <br />Committed Park and Rec - Volleyball Court <br />2,500.00 <br /> <br />Committed Park and Rec - Concession Operation <br />717.00 <br /> <br />Committed Park and Rec - 8K Run proceeds <br />2,444.24 <br /> <br />As of September 30, 2011 <br /> <br />Committed Park and Rec - Volleyball Court <br />2,500.00 <br /> <br />Committed Park and Rec - Concession Operation <br />71400 <br /> <br />Committed Park and Rec - 8K Run proceeds <br />1,949.01 <br />7 of 8 <br /> <br /> <br />