TE 1 2007 - Capital Improvement Trust Beginning Balance 4/1/2013 Dates Purpose 06/30/13 Interest accrued
568
$ 1,143,660 *
Moved to capital fund to provide temporary funding for 09/10/13 2013 paving program and the Harbor Point Project
(500,000)
09/30/13 12/31/13 01/10/14 02/18/14 03/31/14 03/31/14
499 * 140 * 480,715 (570,726) 161 * 500,000
Interest accrued Interest accrued From the Mohawk Valley Water Authority Moved funds into General Fund as per City budget Interest accrued Loans from the CIT to Capital Projects 2013-2014
Ending Balance 3/31/2014
Ending Balance at 3/31/2014
$ 1,055,017
Beginning Balance 4/1/2014
$ 1,055,017
TE 1 2007 - Capital Improvement Trust Dates Purpose 06/30/14 Interest accrued Moved to capital fund to provide temporary funding for 09/05/14 the 2014 paving program 09/30/14 Interest accrued Moved to capital fund to provide temporary funding for 12/11/14 the 2014 paving program, Bagg Square Project and the Harbor Point Project 12/17/14 From the Mohawk Valley Water Authority 12/31/14 Interest accrued 02/11/15 Moved funds into General Fund as per City budget 03/25/15 Loans from the CIT to Capital Projects 2014-2015 03/31/15 Interest accrued
213
*
169
$
-
*
(600,000) 480,715 18 * (526,863) 850,000 21 * $ 1,009,290
Beginning Balance 4/1/2015
$ 1,009,290
143 * (18) 76
*
A415 503116 - General Fund Interfund Transfers Actuals Budgeted Beginning Balance 4/1/2015 $ - $ (503,432) Dates Purpose 02/10/16 Moved funds into General Fund as per City budget $ (503,432) 03/31/16 Moved funds back into CIT Fund $ 503,432 Ending Balance 3/31/2016
$ (503,432)
(1,000,000) 480,715 1,000,000 22 * (503,432) 167 *
Ending Balance 3/31/2016
$
986,963
Beginning Balance 4/1/2016 Dates Purpose 06/30/16 Interest accrued 122 09/30/16 Interest accrued 123 Cash back from the General fund, it was determined 11/15/16 that the transfer was not needed for the FY 2015503,432 2016, so the money was put back into the CIT Fund 12/01/16 From the Mohawk Valley Water Authority 480,715 12/31/16 Interest accrued 199 03/31/17 Interest accrued 1,229
$
986,963
TE 1 2007 - Capital Improvement Trust
* *
A415 503116 -General Fund Interfund Transfers Actuals Beginning Balance 4/1/2016 $ Dates Purpose No activity Ending Balance 3/31/2017
Budgeted $ (494,000)
A415 503116 - General Fund Interfund Transfers Beginning Balance 4/1/2017 Dates Purpose 01/02/18 Moved funds into General fund as per City budget Returning the CIT money that was moved on 02/02/18 January 2, 2018 03/23/18 Moved funds back into General fund
Budgeted $ (750,000)
$ (494,000)
* *
Ending Balance 3/31/2017
$ 1,972,783
Beginning Balance 4/1/2017
$ 1,972,783
TE 1 2007 - Capital Improvement Trust Purpose Interest accrued Interest accrued From the Mohawk Valley Water Authority Interest accrued Moved funds into General fund as per City budget
-
A415 503116 -General Fund Interfund Transfers Actuals Budgeted Beginning Balance 4/1/2014 $ - $ (526,863) Dates Purpose 02/11/15 Moved funds into General Fund as per City budget $ (526,863) Ending balance 3/31/2015
TE 1 2007 - Capital Improvement Trust
Dates 06/30/17 09/30/17 12/01/17 12/31/17 01/02/18
$
`
(250,000)
Ending Balance 3/31/2015
Dates Purpose 06/30/15 Interest accrued 06/30/15 Correction for the recording of accrued interest (was $124.55 not $142.55) 09/30/15 Interest accrued Moved to capital fund to provide temporary funding for 10/19/15 the 2015 paving program 12/01/15 From the Mohawk Valley Water Authority 12/29/15 Loans from the CIT to Capital Projects 2015-2016 12/31/15 Interest accrued 02/10/16 Moved funds into General Fund as per City budget 03/31/16 Interest accrued
A415 503116 - General Fund Interfund Transfers Actuals Budgeted Beginning Balance 4/1/2013 $ - $ (570,726) Dates Purpose 02/18/14 Moved funds into General Fund as per City budget $ (570,726)
1,446 * 1,612 480,715 * 1,677 * (750,000)
Actuals $
-
$ (750,000) $ 750,000 $ (750,000)
Returning the CIT money that was moved on January 2, 2018 03/23/18 Moved funds back into General fund 03/31/18 Interest accrued 02/02/18
Ending Balance 3/31/2018
750,000 (750,000) 1,446 *
Note: Dates for CIT activity (TE) are bank dates & dates for general fund activity (A) are journal entry dates
Ending Balance 3/31/2018
$ 1,709,679
* Interest is accrued/paid monthly, but posted to the City general ledger quarterly
$
-