FY 2011-12 Adopted Budget - City of Oviedo

Local Option Sales Tax Construction Fund (309)
Beginning Fund Balance 2,187,661 3,394,878 4,580,862 4,580,862 1,205,378
2008-09 2009-10 2010-11 2010-11 2011-12
REVENUES Actual Actual Budget Projection Budget
Miscellaneous
Interest on Investments 107,607 89,348 100,000 49,027 10,000
Sub Total : Miscellaneous 107,607 89,348 100,000 49,027 10,000
Intergovernmental
ARRA Federal Stimulus Funds 0 0 157,340 183,978 0
Local Option Sales Tax:
- Seminole County Share (Phase I Right-of-Way) 5,500,000 0
- City Share (2nd Generation) 1,105,368 1,097,855 1,057,171 1,129,834 288,108
Sub-Total: Intergovernmental 1,105,368 1,097,855 1,214,511 6,813,812 288,108
Appropriated Fund Balance 0 1,205,378
TOTAL REVENUES 1,212,975 1,187,203 1,314,511 6,862,839 1,503,486
2008-09 2009-10 2010-11 2010-11 2011-12
EXPENDITURES Actual Actual Budget Projection Budget
SR 426/CR 419 Roadway Improvements:
Phase 1 Improvements:
- Payment to FDOT for Right of Way Acquisition 0 0 0 10,000,000 1,503,486
- Right of Way Acquisition 0 0 425,000 0 0
- Construction 0 0 0 0
Sub-Total: SR 426/CR 419 Roadway Improvements 0 0 425,000 10,000,000 1,503,486
Intersection Improvements
Engineering and Design 0 88 0 0 0
Construction/Resurfacing 0 661 162,908 188,169 0
Construction Engineering and Inspection 0 0 50,154 50,154 0
Katie Jean/Manigan - west bound turn lane 1,957 0 0 0 0
Mitchell Hammock @ Sharon Court 0 370 21,694 0 0
Mitchell Hammock Road (at Albertson's - west of SR434 3,800 100 0 0 0
Sub-Total: Intersection Improvements 5,757 1,219 234,756 238,323 0
Reserve for Contingency 654,755 0
TOTAL EXPENDITURES 5,757 1,219 1,314,511 10,238,323 1,503,486
Ending Fund Balance 3,394,878 4,580,862 5,235,618 1,205,378 0
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