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17
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2016
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111516
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17
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11/10/2016 12:41:14 PM
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11/10/2016 12:34:20 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
11/15/2016
DESTRUCT DATE
15Y
DOCUMENT NO
17
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ATTACHMENT 1 <br /> THE CITY OF <br /> 1 <br /> D _47 A �A U. ADOPTED BY CITY COUNCIL <br /> li <br /> eserve ' nl Hey <br /> Subject <br /> Establishment of General Fund, Enterprise Fund, and Internal Services Fund reserves in the <br /> event of economic uncertainty or emergency <br /> Purpose <br /> The purpose of this policy is to <br /> 1 Ensure that the City can make necessary repairs and replacements in the event of a <br /> one-time large-scale capital breakdown. <br /> 2. Ensure that the City can withstand reduced revenues that result from economic <br /> conditions or natural disaster without eliminating services or raising taxes. <br /> Policy <br /> It is the policy of the City of Pleasanton to maintain a consistent level of City services. <br /> Scope <br /> This policy applies to the General Fund as well as the specified Enterprise Funds and Internal <br /> Service Funds. <br /> Procedures <br /> The City Manager may appropriate General Fund reserves with City Council approval <br /> Distribution approved- <br /> Nelson Fialho, City Manager <br />
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