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Attachment B <br />Recreation Fund (2018 Activity) <br /> $1,800,000 <br /> $1,600,000 <br />20% of Budget <br /> $1,400,000 <br /> $1,200,000 <br /> $1,000,000 <br /> $800,000 <br /> $600,000 <br /> $400,000 <br /> $200,000 <br /> $- <br />JanFebMarAprMayJun <br />'18 Rev'18 Exp'18 Cash Balance <br />As shown above, the Recreation Fund started 2017 with a cash reserve level of 29%, and fell to a low of <br />11% in June just before receiving its first-half property tax collection. For 2018, it started with 34% and <br />fell to a low of 20% before improving. <br />In both 2017 and 2018, the cash reserve level dropped by at least 14%; demonstrating afair amount of <br />volatility in the Funds’ cash-flow needs despite having fairly steady non-tax revenues throughout the <br />fiscal year.For this Fund, the cash reserve target level is 25%. <br />Communications Fund Cash-Flow Analysis <br />The following graphs provide the financial activity for the Communications Fund for the 2016, 2017, <br />and 2018 (through June): <br />Communications Fund (2016 Activity) <br /> $250,000 <br />41% of Budget <br /> $200,000 <br /> $150,000 <br /> $100,000 <br /> $50,000 <br /> $- <br />JanFebMarAprMayJunJulAugSepOctNovDec <br />'16 Rev'16 Exp'16 Cash Balance <br /> <br />