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Economic & Planning Systems, Inc.33 <br />RESERVE FUNDING <br />MITIGATES RISK TO GENERAL FUND <br />•Initial 9212 Report: did not include a dedicated operating reserve, <br />which would be needed due to uncertain nature of the Program. <br />•Supplemental analysis adds a 2-month operating reserve funded over <br />2 years <br />Item Prior Cost <br />Estimate <br />Updated Cost <br />Estimate <br />Increment from <br />Reserve <br />Funding <br />Total reserve target Not included ~$833K–$1.85M +$833K– <br />$1.85M <br />Annual reserve <br />contribution Not included ~$416K–$923K/year +$416K– <br />$923K/year <br />Cost per unit Not included ~$26–$57/unit/year +$26– <br />$57/unit/year