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Finance Highlights 2015 0616
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Finance Highlights 2015 0616
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9/2/2015 3:13:48 PM
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9/2/2015 11:51:03 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
6/16/2015
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_CC Agenda 2015 0908 CS+RG
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\City Clerk\City Council\Agenda Packets\2015\Packet 2015 0908
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Policy Discussion <br /> <br />•City Council directed minimum 100% ARC in <br />budget <br />•Reserve 20% vs. 15% and use a portion to pay <br />down unfunded liabilities <br />•Carryover usage – up to 50% (?) to apply to <br />unfunded liability in net positive year <br />•Major property/other sales apply to 50% to <br />unfunded liabilities <br />•Prioritization of unfunded liability debts (1 -4) <br />13
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