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Page 7 of 15 <br />Table 5. Transfers In and Transfers Out - Amended Budget vs. Actual <br /> <br /> <br />General Fund Reserves. Table 6 below provides the breakdown of the different reserves in <br />the General Fund, as well as recommended adjustments. As detailed in Table 2, transfers of <br />$4.0 million to various funds are recommended. In addition to transfers, setting aside $0.8 <br />million in the Strategic Plan Implementation Reserve to fund various initiatives included in the <br />One Pleasanton five-year strategic plan and $0.5 million in the Emergency Reserve to earmark <br />funds for any future unanticipated events or disasters are recommended. Remaining funds are <br />recommended to be kept in the General Fund to increase its Unrestricted General Fund <br />Reserve to 20.0% of the Adopted FY 2023/24 Operating Budget, excluding transfers, at $29.6 <br />million. This 20.0% is the recommended target level per the City’s Reserve Policy, adopted by <br />the City Council on June 6, 2023. Overall, the total General Fund reserves will be <br />approximately $50.7 million. <br /> <br />Page 259 of 270