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restricted investments used to secure the loan from <br />CHFA (California Housing Finance Agency) for <br />Ridgeview Commons. <br />All Other Designated Reserves - All other fund balances <br />fall into this category. These balances are all <br />designated as contingency reserves for future <br />obligations. Within certain legal and fund <br />restrictions, Council has discretion over these <br />funds through the budget process. They total 2.8 <br />million; of which $6.1 million is restricted to <br />Sewer and Water purposes, $1.5 million is for <br />insurance and liability reserves, $700,000 is for <br />equipment and vehicle replacement, $1 million must <br />be used for street purposes (their use has already <br />been planned in the CIP), and $2.1 million is <br />restricted for affordable housing. <br />Appendix B goes into further detail describing the allowable and/or <br />planned uses of all the City's reserves as'of June 30, 1991. The <br />table is prepared in the same format as the table in Appendix A, <br />breaking all Fund balances into the three categories described <br />above. <br />Appendix C contains tables comparing budgeted vs. actual results of <br />1990-91 operations for selected Funds and selected revenues. <br />General Fund <br />The General Fund current year revenues were 529,882,981, which was <br />S116t633 more than projected, a .4$ variance. Major General Fund <br />revenues are displayed in the table on the following page. <br />SR 91:448 <br />3 <br />