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,-ARZEN HILLS <br /> Request for Council Action 2A <br /> Prepared By: Sue Iverson,Director of Finance and work Session Date: July 9,2012 <br /> Administrative Services <br /> CIP Financial Summary <br /> Budgeted Amount: Actual Amount: Funding Source: <br /> N/A N/A N/A <br /> Discussion Topic: <br /> Staff would like to have a discussion with Council regarding the beginning balance numbers and long- <br /> range goals and plans for the use of the reserve funds. <br /> Supporting Documents: <br /> 1. Memorandum dated July 9,2012,from Patrick Klaers, City Administrator. <br /> 2. June 22,2012,memo from Sue Iverson,Director of Finance and Administrative Services. <br /> 3. Source and Use of Funds CIP pages. <br />