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AgdaPkt 2011-08-22
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AgdaPkt 2011-08-22
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Last modified
1/26/2012 12:02:59 PM
Creation date
8/18/2011 4:39:56 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
8/22/2011
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rn <br /> into 2011-i 2 � <br /> budgetfor � <br /> apprQVal and ' ' <br /> adoption by Gity � <br /> Co�ncil in J�ane � <br /> 2Q11 rWv <br /> San Carlos Yes "Gen�raE Fund Reserve for economic Language is nat explicit with regard to ap�licability to <br /> Res 2010-072 uncertainties equal to a minimurrt of 10% Unrestricted GFB <br /> 81231i 0 of the Ger�eral Fund Exp�nditur�s with a <br /> target of increasing ta 20% of General <br /> �und Expenditures."` <br /> 5an Mafeo No Charter Amendrnent 5.05: "The Gouncil Proposed ianguage is nat exp�icit with regard to <br /> 11/�/02 shall establish reserves whi�h in its appficability to Unre�tricted GFB <br /> Charter discretion are proper," <br /> Amendment Business Plan Currer�t Status of <br /> Business Plan Financial Gaals and Policias: "The ga�l <br /> 201 �-2012 is to work towards increasing two <br /> reserves {Emerg�r�cy Reserve and <br /> Serv3ce StaE�iEity Reserve) to the <br /> equiva[ent of three months' exp�nditure." <br /> $pufh S�n Yes "The City Council has adapted reserve <br /> Francisco 6f03 policies where a certain perceniage of Yes <br /> the General Fund budget for eac� year <br /> needs to be set aside fvr emergencies, <br /> econamic contingencies, and future <br /> devefapm�nt as well as for undesignated <br /> City res�rve...° Reserve for Ernergencies <br /> 2% of GF Qperatinq B�clqet; for <br /> � <br /> � <br />
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