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Communications Fund <br />180% <br /> 700,000 <br />156% <br />160% <br />151% <br /> 600,000 <br />140% <br /> 500,000 <br />112% <br />120% <br /> 400,000 <br />100% <br />70% <br />80% <br /> 300,000 <br />49% <br />45% <br />60% <br /> 200,000 <br />40% <br /> 100,000 <br />20% <br />0% <br /> - <br />200320052007200920112013 <br />Cash Reserve $Cash Reserve % <br />The Cash Reserve Policy calls for the Communications Fund to maintain a cash reserve of 20% <br />of the operating budget. As indicated in the Chart, the Communications Fund has a substantial <br />amount of reserves above and beyond planned levels. However, future uncertainty over cable <br />franchise and PEG feescould result in the draw-down of these reserves to support current cable <br />and communications service levels.The 2015 City Manager Recommended Budget calls for the <br />spending of $107,000 in reserves for equipment replacement. <br />Information Technology Fund <br />30% <br /> 400,00023% <br />20% <br /> 300,000 <br />9% <br />10% <br /> 200,000 <br />0% <br /> 100,000 <br />3% <br />-10% <br /> - <br />-20% <br />200320052007200920112013 <br /> (100,000) <br />-30% <br />-32% <br /> (200,000) <br />-20% <br />-40% <br />-53% <br /> (300,000) <br />-50% <br />-60% <br /> (400,000) <br />Cash Reserve $Cash Reserve % <br />The Cash Reserve Policy calls for the Information Technology Fund to maintain a cash reserve <br />of 20% of the operating budget. The 2014 IT Budgetcalls for the use ofapproximately <br />$140,000 in cash reserves to completea fiber build-out in partnership with other governmental <br />agencies. This would reduce the reserve level to 14% holding all other factors constant. <br />Page 3of 4 <br />