Laserfiche WebLink
2. Transfer to the CIP Fund for general capital needs and/or extensive capital <br />maintenance or improvement projects. For example, funding major replacement or <br />renovation projects to maintain or enhance city infrastructure. <br />3. Re -appropriation within the subsequent year's operating budget to fund any one- <br />time expenditures/ projects based on City Council direction. For example, pre -funding <br />the City's pension and retiree health liabilities and setting aside funds for a pilot <br />program. <br />Annual Reporting and Periodic Review <br />The Finance Director shall report the year-end budgetary fund balance to the City Council <br />as part of the annual budget report. The reserve policy shall be reviewed annually, and <br />modifications are subject to Council approval. <br />261 <br />