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Internal Service Funds <br /> Internal Service Funds are used as a method to allocate certain internal costs to operating <br /> departments as a cost allocation tool; the City has twenty Internal Service Funds. Including: <br /> • Risk Management (1) <br /> • Workers Compensation (2) <br /> • Employee Benefits (2) <br /> • Retiree Medical Reserve (2) <br /> • Public Art Acquisition (1) <br /> • Replacement&Renovation (12) <br /> In accordance with adopted financial policies and the General Plan,the City maintains twelve <br /> Replacement and Renovation Funds.The purpose of these Funds is to provide ongoing replacement <br /> of City assets - equipment,vehicles, street lights and traffic lights - and to make major repairs and <br /> renovations to facilities, parks, medians and citywide tree trimming to extend the lives of these <br /> assets.Adopted financial policies call for the establishment and maintenance of reserves including <br /> major maintenance and renovations of buildings,parks,and medians.This is accomplished by <br /> charging operating programs an annual charge pursuant to a 20 to 30 year funding plan based on <br /> the asset replacement cost and estimated life of the capital asset. <br /> All Other Operating Funds <br /> Projected revenues and expenditures for all other Operating Funds,including Trust Funds,are <br /> contained in the body of the budget document. <br /> 41 City of Pleasanton Operating Budget • FY 2019/20 - FY 2020/21 <br />