Laserfiche WebLink
Unless otherwise directed by the City Council, monies held in individual Funds shall be <br />expended first from restricted fund balances, second from committed fund balances, then from <br />assigned fund balances, before using unassigned fund balance <br />Implementation <br />All fund reserves shall be reviewed each year at the time of the annual budget preparationfor the <br />purpose of complying with this policy. Budgets shall be prepared on an "All Resources" basis, <br />so that the City Council and Community can readily discern the current and projected <br />management of all reserves. <br /> <br />