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Finance Highlights 2007 0501 v2
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Finance Highlights 2007 0501 v2
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Last modified
6/6/2007 4:03:41 PM
Creation date
5/30/2007 11:55:22 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
5/1/2007
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Finance Highlights 2007 0501 v1
(Superseded)
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\City Clerk\City Council\Committees\Finance Committee
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<br />Preparing the FY 2007~08 Budget <br /> <br />General Fund (Continued) <br /> <br />Replenish Reserves <br />. Operating and Economic Uncertainty <br />. Operating Capital & Maintenance <br />. Address Deferred Mantenance Issues <br />. Facilities, Technology, Vehicle &: Eqlipment <br />. Unfunded Liabilities (GASB 45) from $1.3m to $2.5m <br /> <br />. Establish General CIP & Reserves for Future CIP <br />. Operating Capital Improvement Projects <br />. Recommend $6OOk (50%) for Additional Street Projects <br />. Set-Aside: i.e. Streets, Senior Center, Competitive Pool <br /> <br />FY 2007~08 General Fund Recap <br /> <br />(In Thousands) <br /> <br />July 1,2007 Available Reserves <br /> <br />Operations: <br />Revenues <br />Expenditures <br />Net of Operations <br /> <br />June 30, 2008 Available Reserves <br /> <br />$396 <br /> <br />$78,357 <br />!ZZAlID <br />~ <br />$1.344 <br /> <br />FY 2007~08 General Fund Recap <br />(Continued) <br /> <br />Reserves: <br />20% Contingency <br />Fire Capital Replacement <br />Capital Improve. Program <br /> <br />$15.4m <br />$l.lm <br />$1.2m <br /> <br />7 <br /> <br />/ <br />
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