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Attachment B <br />Commissioner Harold asked if instead of creating a separate fund they sweep everything to the <br />General Fund. He thought it was a fund they could use on whatever they want. The Council has <br />discretion in terms of its use. If that is the key fund that is important to have healthy and a fund <br />the City is flexible in terms of spending money out of. The Council would be aware that <br />anything above the General Reserve level in the General Fund could be used for other things. <br />Mr. Miller stated if they do not state where the money is sitting it will go to the General Fund. If <br />they do nothing by default that is where it will go. <br />Chair Schroeder thought the Council wanted to make it clear what was the amount because she <br />thought it has been going into the General Fund but has not been as obvious to the Council. <br />Mr. Miller stated it has not been going to the General Fund, it has been sitting in the individual <br />funds. Right now, it has been the practice to designate every penny into some fund. <br />Chair Schroeder asked if there was anything defaulting to the General Fund at this time. <br />Mr. Miller stated there was not. He stated any excess cash is staying in the fund at this point. <br />Chair Schroeder thought the Council discussed being able to see year after year some history <br />behind this. She thought a line item would be needed somewhere to show where the money <br />came from and where it was being moved to when creating the budget. <br />Mr. Miller stated from staff’s perspective, the trade off is instead of staff managing the funds for <br />more than a year at a time the Council would do this and it is a change for the staff because right <br />now they are accustomed to having the ability to manage for more than one year at a time and <br />this would change that. He was not sure of where the Council stood regardingthat. <br />Commissioner McRoberts agreed. It was a change in perception and the magnitude of that <br />change is often far greater than the actual impact of that because to him all they are suggesting is <br />that is the fund by which doing that the oversite of those funds are passed to the Council who are <br />essentially elected officials and responsible to residents of the City and leaves the Council with <br />tools to better manage when one fund is up and one is down. <br />Mr. Miller did not disagree that the Council should have oversite but the argument they would <br />get from City Manager and staff is they do have the oversite. Staff cannot spend the money <br />unless the Council appropriates it as part of the budget process. <br />Commissioner Bachhuber thought that is a great argument as to why they should be doing what <br />they are proposing because staff is already only operating on a year to year basis and are going to <br />the Council with an annual budget and need permission to spend money. <br />Mr. Miller stated they all have strategic plans which are not twelve months at a time and there is <br />no guarantee that the Council will fund the items each year,but it does allow them to articulate a <br />strategic plan. <br /> <br />