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6.1. G. - Page 17 <br /> Chart 3 <br /> Running Liquidf�y <br /> {2010 or Most Recent Data Available� <br /> # days expense coverage =(llr�reserved GFB + Cash in Internal Service Funds) / <br /> (GF Expenditures/3b5J <br /> , <br /> �.... ..... ,. , ,. ,,. � ;' � <br /> _..� �w.�. . e . ��.-.,...� ..�: . � , e . i <br /> Fesler City (S57! <br /> � t' Half Mopn B2y (339) � <br /> Men1a Parkl (2881 � �i <br /> . r pLhOrton (27¢) ; , <br /> Por�ola Val]ey (225) � ' <br /> Brisbane (�23) <br /> Redwood Ciry (205) <br /> � Y � � SouthSan Francis�co {198) , <br /> Wqodside �{1g2J �� � <br /> 3 Hill�sborough (160� <br /> @urlingame (179}� , � <br /> aaly City (177} ; . <br /> I �, San Bruno (t58} � , <br /> � � �� EasS Palo Altd {155)'_. '�, <br /> � � <br /> San Cados (154) � ' <br /> � � � i San NFaleo Cqunry (�39) �� � <br /> i , <br /> Belmont (932); , <br /> E ' � �. - � I <br /> Pacffaca (916) <br /> � San Maleo (104} . . ' <br /> �' 114i91prae [�3) i <br /> �...- '� i <br /> . i <br /> 0 90 180 z70 350 450 540 630 7Z0 SIO 900 99Q <br /> # days <br /> As seen �n the chart, Running Liquidity ranged from a high of 967 days (Colrna) to a lo�r o�' 83 <br /> days (Millbrae). Millbrae was the only city below the audztor-z �0-day thres�old faz <br /> attention. `Thzs is not neces�arily indicative of a problem, given the unique circumstances of each <br /> city. However, since the same formula :�as used for alI cities and the County, this relative <br /> position arid value should trigger further exploration. <br /> E. Applicable Policies and Standards <br /> GAS$ 34 states that "The adequacy o�unreserved fund balance in the general fund should be <br /> assessed based on a governmez�t's own specz�c circuznstances". It arecomrn.end.s minimurz�. �evels <br /> Ihat should be rnaintained regardIess of organizational size. T`hose rninirr�um un��eser general <br /> funa' balaz�ces az givez� as either: <br /> (1) no less than 5-15 percent of regular general fund operatiilg revenues or <br /> 12 <br />