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1998_0217_packet
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1998_0217_packet
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WORK SESSION AGENDA ITEM NO. 4-B <br /> February 12, 1998 <br /> To: Steve Sarkozy <br /> City Manager <br /> From: Ed Burrell 1A <br /> Finance Director <br /> Policy Res Replacement Fund <br /> As we prepare for the 1999 budget, It is very appropriate to re-ovisit specific fiscal policies to <br /> assure that they are in keeping with the Council's overall direction. For our February 17, 1998 <br /> work session, we would life to focus on the City's Replacement Funds policy (formerly Reserve <br /> Policy). <br /> Attached are copies of our current policy and a proposed revision. we will also he prepared to <br /> discuss the implementation procedures we have used in past years. <br /> For the Council's reference, we will he focusing on specific replacement funds as follows: <br /> Fib Paize in the 1998 <br /> General Fund 111-21 <br /> General vehicle Reserve Fund III-29 <br /> Fire vehicle Reserve Fund HI-30 <br /> General Plant Deserve Fund 111-31 <br /> r Reserve Fund III-3 <br /> Infrastructure Replacement <br /> Fund (Streets) III-40 <br /> Tax increment Infrastructure <br /> RCn_ tenannce Fund I1I-44 <br /> ing Fund III-4 5 <br /> truction Reserve - <br /> We will he further prepared to discuss and illustrate the depreciation benchmarks as outlined <br /> within the current policy. <br /> Please let me know if you need a.ddtiunal information at this time. <br />
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