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<br /> <br /> <br /> <br /> <br /> <br /> <br /> • Total Contributions. Table 3 details the cash payments to the capital projects fund and the <br /> park dedication fund, as well as the value of the in lieu assets credited. Through June 30, <br /> 2009, a total of $8,143,630.26 in cash contributions had been made, not including the park <br /> dedication fund. In lieu credits, all of which require County Council approval by resolution <br /> or ordinance, include improvements paid for by the applicant, planning or design services <br /> paid by the applicant for capital improvement projects, land dedicated to the County or <br /> another approved entity, or cash paid to an approved non-County entity. <br /> <br /> • Excess In Lieu Credits. For some rezoning applicants, the appraised value of the in lieu <br /> credit exceeded the assessment. In some cases, the excess is available to the applicant to be <br /> applied towards satisfaction of future Fair Share requirements that may be imposed on the <br /> applicant through future rezonings within the district but does not entitle the applicant to any <br /> cash reimbursement. These excess credits also explain why, in Table 2, the difference <br /> between the total unpaid assessments and the total assessments is less than the total cash and <br /> in lieu contributions in Table 3. <br /> • Total Appropriations. Table 4 details appropriations authorized by the County Council from <br /> the Fair Share capital projects fund. As of June 30, 2009, a total of $3,614,856.65 had been <br /> appropriated. <br /> <br /> • Fund Balance. As of June 30, 2009, the Fair Share fund balance totals $4,528,773.61. The <br /> fund balance equals the total contributions (Table 3) less the total appropriations (Table 4). <br /> <br /> • Capital Funds Available for FY 2010-2011. Table 5 summarizes cash available for fiscal <br /> year 2010-2011 for capital projects by district and project type. Total cash available equals <br /> total capital projects fund contributions (from Table 3) less total appropriations through June <br /> 30, 2009 (from Table 4) and appropriations authorized by the County Council for the current <br /> fiscal year (FY 2009-2010) in Ordinance 09-65. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> 2 <br />