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List other cash resources of the Local Agency not included In General Fund Cash Flow. (1) <br />Source lFundt Account <br />Restricted General Fund <br />Special evenue Fund <br />Enterprise Fund <br />Internal Services Fund <br />Paoe2 <br />Cash Balance Projected Balance Projected Balance <br />as of 6/30197 as of 6130/98 as of 6130199 <br />$1,232,132 <br />TOTAL 1,232,132 0 0 <br />Do not include bond proceeds, defamed compensation, or other highly restricted funds <br />1. ActuallEstimated 1997.98 General Fund Expenditures <br />Less: <br />Interfund Transfers <br />1997 TRANS Repayment (H included in expenditures) <br />Adjusted 1997-98 General Fund Expenditures <br />5% of Adjusted 1997-98 General Fund Expenditures <br />2. Large or Small Issuer <br />Do you expect to issue more than $5 million in tax <br />exempt obligations (including the 1998 TRANs) during the <br />$17,300,163 <br />880,000 <br />0 <br />_ $16,420,163 <br />times .05 $821,008 <br />1998 calendar year? enter yes or no <br />3. Small Issuer Working Capital Reserve <br />If "no" to question 2, enter the amount derived at the end of <br />question 1, above. This is your working capital reserve. <br />4. Large Issuer - Greater of (a) Average 1997-98 monthly balance or <br />(b) the Lesser of projected 1998-99 Beginning or Ending Balance. <br />If'yes" to question 2, please calculate average beginning <br />or ending monthly cash balance for 1997-98 fiscal year <br />(excluding 1997 TRANS). Enter whichever is greater of (a) or (b) above. <br />5. Large Issuer Working Capital Reserve <br />If "yes" to question 2, enter the lesser of amounts derived <br />in questions 1 or 4. This is your working capital reserve. <br />NO <br />821,008 <br />less: <br />10. Miscellaneous Adjustments required by Tax Counsel <br />a. 5% for Small Issuers, 10% for Large Issuers - 108,825 <br />b. Expected Interest Earnings on 1998 TRAM proceeds to month in which <br />Maximum Cumulative Cash Flow Deficit is to occur. - 25,846 <br />Expected Interest Rate on Investment of 1998 TRANs 5.00% <br />11. Recommended Size of 1998 TRANS = $2,040,000 <br />Its Preferred TRAM Size if less than Recommended Size = <br />12 Final Size of 1998 TRAM = $2,040,000 <br />Working Capital <br />Safe Harbor <br />Reserve Sizing <br />Sizing <br />6. <br />Maximum Cumulative Cash Flow Deficit <br />$1,355,488 <br />$1,355,488 <br />(from 1996-99 Cash Flow Projection) <br />plus: <br />7. <br />Working Capital Reserve I Safe Harbor <br />+ 821,008 <br />150,610 <br />8. <br />1998 TRAM Sizing based on Working Capital Reserve/Safe Harbor <br />= $2,176,497 <br />$1,506,098 <br />9. <br />Maximum Borrowing Amount (Greater of Working Capital Reserve <br />Sizing and Safe Harbor Sizing) <br />$2,176,497 <br />less: <br />10. Miscellaneous Adjustments required by Tax Counsel <br />a. 5% for Small Issuers, 10% for Large Issuers - 108,825 <br />b. Expected Interest Earnings on 1998 TRAM proceeds to month in which <br />Maximum Cumulative Cash Flow Deficit is to occur. - 25,846 <br />Expected Interest Rate on Investment of 1998 TRANs 5.00% <br />11. Recommended Size of 1998 TRANS = $2,040,000 <br />Its Preferred TRAM Size if less than Recommended Size = <br />12 Final Size of 1998 TRAM = $2,040,000 <br />