General Fund
Available Fund Balance Calculation
FY 22-23 FY 23-24 FY 24-25
Available
Balance, as
adjusted
Appropriation
to Programs/
Projects
Projected, Net
Baseline
Operations
Estimated One-
time
expenditures
Available
Balance, as
adjusted
Projected, Net
Baseline
Operations
Appropriation
to
Program/Proje
cts
Estimated One-
time
expenditures
Available
Balance, as
projected
Beginning Cash Balance 28,725,342$ (4,265,579)$ 331,706$ (119,250)$ 24,672,219$ 390,106$ (2,150,823)$ 113,000$ 23,024,502$ Current Liabilities (3,242,863) (3,242,863) (3,242,863) General Fund Set-Aside:
Former RDA Negative Cash (3,400,000) (3,400,000) (3,400,000) Programs and Projects (4,350,238) 150,000 (4,200,238) (4,200,238) General Fund Reserve or Designations:
Reserve for Earthquake Insurance Deductible (500,000) (500,000) (500,000) Reserve for Capital Projects (7,904,511) 4,115,579 (3,788,932) 2,150,823 (1,638,109) Reserve for Reusable Bags (remaining) (13,930) (13,930) (13,930) Reserve for PEG Fees (207,000) (207,000) (207,000)
Reserve for Economic Uncertainty (25% target) (4,326,140) (110,000) (4,436,140) (426,847) (4,862,987) Partial payment to CalHFA loans (2,500,000.00) (2,500,000) (2,500,000) Outstanding Encumbrances (472,098) (472,098) (472,098) Ending Available Cash Balance 1,808,562$ -$ 331,706$ (229,250)$ 1,911,018$ 390,106$ -$ (313,847)$ 1,987,277$ Projected FY 24-25 ActivitiesFY 23-24 Activities
GENERAL FUND CITY OF HERCULES FY 2024-25 ANNUAL BUDGET