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CITY OF MISSION VIEJO <br /> • MANAGEMENT AND BUDGET POLICIES <br /> (AS AMENDED JULY 6, 1999) <br /> A Facility Rehabilitation/Replacement Fund will be maintained, at a rate of 60% <br /> of accumulated depreciation, as a separate fund, to fund the rehabilitation or replacement <br /> costs of existing City buildings, recreational facilities, and parks/sport fields fixtures when they <br /> reach the end of their useful lives. <br /> J. A minimum fund balance of 30% of estimated Gas Tax revenues, excluding <br /> those revenues resulting from the Orange County Transportation Authority (OCTA) Fund <br /> exchange agreement, for the current year will be set aside as a reserve for street repair <br /> emergencies and other unanticipated traffic safety projects. <br /> • <br /> O <br />