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rn <br /> adapted #he target minimum le�el is achieved. Far � <br /> Budget" example, it is praposecf that th� gaal � <br /> wauld be ta ensure that an unrestricted � <br /> unallocatecf cash reserve eqUivalent to � <br /> � <br /> 15% of operating costs is avaiEable at the � <br /> end of each fiscal year," o <br /> I <br /> Foster City Yes "...minimum res�rve threshold of 33 New L.anguage is not explicit with regarc� to applicability <br /> Resol 2010-33 1/3°/4 of budgeted annual operatir�g ' to Unresfricted GFB <br /> 4/5/1 � expenditures with a target range af 33 (supersed�d one was) <br /> 113% ta 50% far p�rposes of the Five- <br /> Year Fir�ancial Plan" <br /> {This replaced a�n earlier General Fund <br /> Reserve Poficy of "...a minimum <br /> €hreshoEd of $10 million in unrestricted ' <br /> undesignated fur�d balance."} <br /> �lai# Moon Yes "Th� City shall � an ' <br /> B�� Res G38-a9 u�encumbered Generai Fund reserve Yes <br /> 6/2/09 equaf ta a rninimum of thirty pereent <br /> (30°10} of anr�ual operatianal <br /> expenditures." <br /> Hillsborough Yes "Th� Town wall strive to maintain #und or Language is nof explicit with regard to applicability to <br /> "Personnel working capitaf balances of at least 30% Unresiricted GFB <br /> Pfllicy 409"' of operating expenditures in th� Genera� <br /> �.ast revised Ftand... <br /> 1191C16 <br /> � <br /> � <br />