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<br /> I - Yage 1 of 1 <br /> HAMLIN Peggy D <br /> From: MCDANIEL Fred <br /> Sent: Monday, October 13, 2003 2:17 PM <br /> To: HAMLIN Peggy D <br /> Subject: prior period adjustment -capital projects <br /> Given that capital projects often span years occasionally we need to make an adjustment in the current year that effects prior year expenditures. New <br /> information or a new explanation about an old expenditure often requires an adjustment. <br /> Greenhill Tributary Improvement 985076 falls within those parameters. <br /> New information has been brought forward and an adjustment of $270,117 is needed: <br /> Reduce expends in Fund 531-9332-01XXX-985076 cr <br /> 531-0000-11210-000000 dr <br /> Increase expends in Fund 335-9332-01XXX-985076 dr <br /> 335-0000-11210-000000 cr <br /> While this distorts current year expends, over time it correctly states total project cost by Fund. <br /> iii ~ <br /> 10/13/2003 <br /> <br />