CITY OF SCRANTON – 2011 OPERATING BUDGET
Mayor's Budget - The Times-Tribune
Mayor's Budget - The Times-Tribune
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Inter-fund Transfers<br />
Account Description<br />
This account represents reimbursements from third parties. Transfers from other funds<br />
includes reimbursement from insurance companies relating to worker’s compensation<br />
excess from recovery payments. While the other account represents the annual liquid<br />
fuels tax fund payment. Under provisions of the law, these payments are based on the<br />
total miles of locally owned roads and streets plus the most recent U.S. Federal census<br />
figures on record. Funds are used for the construction, reconstruction, and maintenance<br />
of these roads and streets.<br />
Budget<br />
Actual<br />
Account No. Account Description 2010 <strong>2011</strong> As of 9.30.10<br />
I nter-fund Transfers<br />
01.392.39331 Transfers in From Other Funds 100,000.00 300,100.00 -<br />
01.392.39332 Transfers in From Liquid Fuels 1,577,819.00 1,577,819.00 -<br />
Total Revenue 1,677,819.00 1,877,919.00<br />
Budget Variance<br />
In <strong>2011</strong>, the City will transfer $300,000 from a special city account which originated from<br />
a grant by the Weinberg Fund. These funds will be used to pay down debt from a capital<br />
project at Weston Field.<br />
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