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efforts to “amicably resolve SOI issues and boundary disputes through dialog with affected agencies.” Item 12 Q: How will/did the City spend the Opioid Settlement funds? A: No opioid settlement funds have been spent at this point. Q: What is meant by “net increase of $125,000 to fund additional costs associated with contracts for general repairs and maintenance” as the report doesn’t identify the driver of the cost change? A: This increase is based on cost increases and additional utilization of various building and facility maintenance and repair contracts, such as custodial services, HVAC repairs, pool services, and fire sprinkler services. Q: Why is the new Emergency Fund not included in our reserve percentage calculation? How is it ‘restricted’ for exclusion when the General Fund reserve policy states ‘for emergencies’? Should the COVID response and recovery also be included in the calculated percentage? A: Based on the City’s Reserve Policy, any committed and assigned reserves are excluded from the unrestricted/unassigned reserve calculation. Q; Regarding the sentence: ‘Once a debt has been issued, $2.6 million will be restored to the Water Operating Fund”. This does not address debt service or the additional capital costs that may be more to a driver of the need for the debt (now at $14M when initially at $6M in the water rate study analysis). Council would have to approve of any debt arrangement? A: To get the work started on several priority water capital projects mentioned in the staff report, the Water Operating Fund is providing the cash needed as a short-term solution. Yes, Council would approve any debt arrangement; staff will be providing an update at the March 5 Council meeting. Q: What is meant by ‘including this $2.6 million, the estimated ending fund balance becomes $8.9 million…” – does this mean an increase in expenses? A: In this case, including means adding back $2.6 million into the Water Operating Fund balance once the debt has been issued.