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�conomic Contingencies 7% Qf GF � <br /> Operating budget; For Undesigr�ated <br /> Reserve 5% of GF Operating Budget; for <br /> future developrnent �no target," <br /> 1Noodside YeS "Adequate reserves must be developed Language is no# explFCit with regard fo applicability ta <br /> 6/93 and maintained, including a minimum Unrestricted GFB <br /> reserve level af fifteen percent of <br /> estimated aperati�g revent�es far the <br /> Tawn's Generai �und" <br /> San Mateo Y�� "Maintain a minimum reserve equivalent �.anguage is no# expficit with regard fo applicabiGty to <br /> Gounty 2I10 ta 2% of n�t apprapriations far ane-time Unrestricfed GFB. Additianally, since ff�e Countv <br /> emergencies, unanticipated mid-year im�lern�nted re�aortina General Fund Resarv�s <br /> losses of funding, and short-term consistent with GASB 54 qrovisions in its 2n10 CAFR, <br /> coverage of unanticipated cost this policv fanquaqe was also �vafuatad aqainst ��ose <br /> o�errun5." Alsa "General Fund Reserves prov�sions with the same outcome. <br /> be maintained at a minim�m af 5% af <br /> to#al General Fund net appropriatians fnr <br /> one-time purposes or as part of a multi- <br /> year firranciaE plan to �alance the <br /> Caunty'� budget; Appropria�ian for <br /> Contingencies be maintained at 3% o� <br /> total General Fund net appropriations for <br /> one-time emergencies and economic <br /> uncertainties..." <br /> rn <br /> � <br /> � <br /> � ' <br /> � � <br /> v <br /> � <br /> m <br /> W <br /> W <br />