ITEM TITLE:
Reserve Funds and Transfers
SUBMITTED BY: Brian Carlson, Finance Director
FISCAL NOTES:
Expenditure Required: N/A
Unencumbered Balance: N/A
Funding Source: N/A
RECOMMENDATION:
Provide consensus for staff-requested and Council-priority reserve fund appropriations
Review and approve related fund transfers
SUMMARY STATEMENT:
Reserve fund transfers are comprised of $5.7MM of staff requests.
Council priorities reflect an additional $4.4MM of various reserve appropriations.
Transfers reflect flows between funds, and net to zero. As presented, these figures reflect staff requests but not Council priorities.
Attachments:
• Reserve Fund Appropriations
• Council Priorities
• Transfers