Laserfiche WebLink
CURRENT POLICY TARGET CALCULATIONS <br />Assumptions: <br />No additions or subtractions to current fund balance <br />No transfers completed for 20% excess target calculations to Community Reinvestment Fund <br />Using the 10 year Financial Plan published in the 2017 –2026 CIP <br />Results: <br />By 2025, fund balance is compliant with City fund balance policy & State Auditor recommendation <br />Strategic Priority KPI of 45% is not achieved after 2016 <br />In 2025, unless corrected, a projected negative $1,209,000 gap will exist between the targeted fund balance <br />and the actual fund balance.