Page 335 - 2020-21 Budget Summary

SPECIAL PURPOSE FUND SCHEDULES
SCHEDULE 28
CITY EMPLOYEES RIDESHARING FUND
Section 5.344 of the Los Angeles Administrative Code establishes the City Employees Ridesharing Fund. Revenues to the Fund
include City employee vanpool fares and parking fees. All monies deposited in the Fund shall be used to pay the costs, exclusive of
salaries, incurred in the City employee ridesharing program to provide for ridesharing enhancements that reduce City employee
private vehicle usage in commuting to and from work, including transportation subsidies provided to employees. The City administers
parking permit issuance and transportation subsidies in accordance with the Special Memorandum of Understanding Regarding City
Employees Parking and Commute Options. The Fund is administered by the Personnel Department.
Total
Actual Estimated Budget
2018-19 2019-20 2020-21
REVENUE
2,700,660 2,915,692 Cash Balance, July 1 2,574,692
2,700,660 2,915,692 Balance Available, July 1 2,574,692
3,023,937 2,947,000 11,840 Other Receipts 2,947,000
56,015 50,000 11,842 Interest 50,000
5,780,612 5,912,692 Total Revenue 5,571,692

EXPENDITURES APPROPRIATIONS
668,917 700,000 375 General Services 700,000
2,196,003 2,638,000 505 Personnel 2,478,600
Special Purpose Fund Appropriations:
- - 10,505.31 Reserve 2,393,092
2,864,920 3,338,000 Total Appropriations 5,571,692

2,915,692 2,574,692 Ending Balance, June 30 -

305