Laserfiche WebLink
2019 Estimated Budget Expenditures $2,654,339 <br /> 50% Fund Balance per Policy x0.5 <br /> Maximum Fund Balance per Policy $1,327,170 <br /> 2018 Fund Balance $1,639,950 <br /> Less Policy Maximum -1,327,170 <br /> Surplus Available $312,780 <br /> This analysis shows that the City can reasonably and conservatively assume that there <br /> will be in excess of$300,000 in surplus fund balance from the General Fund and the end <br /> of 2018 based on a policy of maintaining between 40% and 50% of annual budgeted <br /> expenditures. <br /> 12 <br />