CITY COUNCIL AGENDA PACKET - Laserfiche WebLink

General Fund TransfersGeneral Fund Transfers Net transfers involving the General Fund are approximately $8.1 million for FY 2025/26 and $7.0 million for FY 2026/27. Key transfers in include a transfer from the Retiree Medical Fund ($1.0 million in FY 2025/26 and $1.1 million in FY 2026/27) to return the implied subsidy paid by the General Fund on retirees’ medical premiums; a transfer from the Capital Reserve Fund for capital improvement projects ($1.0 million in FY 2025/26 and $2.0 million in FY 2026/27); $0.7 million over two years from the Business Loan Repayment Fund for expected loan repayments from businesses for funds that were lent out to help businesses during 34 Page 315 of 682