encl. 42 MENCORANDUM To: Monarch Habitat Restoration Committee From: Peter \Voodruff, Administrative Services Director Date: -August€9:1995- Arri < Icl ci -- Subject: Request for input for development of the Fiscal Year 1995/96 Budget The City is in the process of developing a preliminary budget for the coming fiscal year, which begins on July 1, 1995. I am requesting your input with respect to two particular funds that the City maintains which are devoted to butterfly habitat activities: 1) the Monarch Habitat Acquisition/Restoration fund, and 2) the 1990 Butterfly Bond Improvement fund. The two bits of information I need for each fund are: what are the projected activities for the coming year, and what are the estimated costs for these activities. The City budget development process is concerned with creating a work plan and allocating resources to accomplish that plan. Unlike many City functions, the activities for your consideration are limited in scope and the funding available is also very limited. But the annual budget process does provide an opportunity to try to establish realistic goals for the coming year. To help with your process, I will provide the best financial information I can. If you need more or are unclear about the information provided, please don't hesitate to call me or the Assistant Finance Officer, Carlos Olvera. I am attaching copies of the budget worksheet forms used within the City to collect projected spending information. Tile column at the far left is for putting in projected costs, using budget line items used in the past. If you want to spend from a new category or are unsure how to categorize costs, just write an explanation and I will fit it into our accounting system. Here is some important information to use in determining amounts of money available for use in 95/96: Fund Name and Number Monarch Habitat 1990 Butterfly Aqd Restor - 37 Bond Imp - 39 Cash Balance 4/1/95 $ 285.33 $ 11,686.41 Year to Date Spending (to 4/1) $ 5,951.88 $ 3,141.97 Year to Date Revenues (to 4/1) $ 977.00 $ 355.00 Projected 95/96 Revenues Unknown $ 300.00 (Donations) (Interest) Another limitation exists with respect to the Butterfly Bond Improvement Fund. Its cash is the residual balance o f the proceeds from a bond issue and will not be replenished when exhausted. Uses of the funds are restricted to the uses authorized in the bonds. All cash , OCR Text: encl. 42 MENCORANDUM To: Monarch Habitat Restoration Committee From: Peter \Voodruff, Administrative Services Director Date: -August€9:1995- Arri < Icl ci -- Subject: Request for input for development of the Fiscal Year 1995/96 Budget The City is in the process of developing a preliminary budget for the coming fiscal year, which begins on July 1, 1995. I am requesting your input with respect to two particular funds that the City maintains which are devoted to butterfly habitat activities: 1) the Monarch Habitat Acquisition/Restoration fund, and 2) the 1990 Butterfly Bond Improvement fund. The two bits of information I need for each fund are: what are the projected activities for the coming year, and what are the estimated costs for these activities. The City budget development process is concerned with creating a work plan and allocating resources to accomplish that plan. Unlike many City functions, the activities for your consideration are limited in scope and the funding available is also very limited. But the annual budget process does provide an opportunity to try to establish realistic goals for the coming year. To help with your process, I will provide the best financial information I can. If you need more or are unclear about the information provided, please don't hesitate to call me or the Assistant Finance Officer, Carlos Olvera. I am attaching copies of the budget worksheet forms used within the City to collect projected spending information. Tile column at the far left is for putting in projected costs, using budget line items used in the past. If you want to spend from a new category or are unsure how to categorize costs, just write an explanation and I will fit it into our accounting system. Here is some important information to use in determining amounts of money available for use in 95/96: Fund Name and Number Monarch Habitat 1990 Butterfly Aqd Restor - 37 Bond Imp - 39 Cash Balance 4/1/95 $ 285.33 $ 11,686.41 Year to Date Spending (to 4/1) $ 5,951.88 $ 3,141.97 Year to Date Revenues (to 4/1) $ 977.00 $ 355.00 Projected 95/96 Revenues Unknown $ 300.00 (Donations) (Interest) Another limitation exists with respect to the Butterfly Bond Improvement Fund. Its cash is the residual balance o f the proceeds from a bond issue and will not be replenished when exhausted. Uses of the funds are restricted to the uses authorized in the bonds. All cash , Heritage Society of Pacific Grove,Historical Collections,Historic Properties of Pacific Grove,Grove Acre,263 Grove Acre,263 GROVE ACRE AVE_015.pdf,263 GROVE ACRE AVE_015.pdf 1 Page 1, Tags: 263 GROVE ACRE AVE_015.PDF, 263 GROVE ACRE AVE_015.pdf 1 Page 1