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AgdaPkt 2016-02-22 Closed and Interview and Joint SA PFA
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AgdaPkt 2016-02-22 Closed and Interview and Joint SA PFA
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Last modified
2/23/2016 8:19:52 AM
Creation date
2/18/2016 3:58:00 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
2/22/2016
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Reserve Analysis <br />($000’s) <br /> Mid-Year Budget <br />Fiscal Year %* Total Fiscal Year %* Total <br />July 1, 2015 *21,732 July 1, 2018 26,323 <br />change +/ - 3,159 change +/ - (1,180) <br />June 30, 2016 22.27% 24,891 June 30, 2019 21.64% 25,143 <br /> <br />July 1, 2016 24,891 July 1, 2019 25,143 <br />change +/ - 1,762 change +/ - (960) <br />June 30, 2017 24.03% 26,652 June 30, 2020 20.21% 24,182 <br /> <br />July 1, 2017 26,652 July 1, 2020 24,182 <br />change +/ - (329) change +/ - (587) <br />June 30, 2018 23.09% 26,323 June 30, 2021 19.10% 23,595 <br />*Beginning balance at 7/1/15 reduced by $4.5 million legal settlement paid out <br />of reserves.
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