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Designated for Cashflows <br />Subsequent Year's Budget:2022 <br />Property Taxes 11,475,600 <br />(Less Debt Service)includes only internal loans (686,800) <br />Police State aid 273,300 <br />Fire state aid 142,800 <br />Police Training Aid 32,000 <br />MSA 11,200 <br />11,248,100 <br />x 50%A 5,624,050 <br />Designated for Contingencies <br />Subsequent Year's Budgeted Operating Expenditures 19,526,800 <br />(Less Debt Service)Includes only internal loans (686,800) <br />B 18,840,000 <br />x 10%C 1,884,000 <br />Total Targeted Fund Balance A+C=D 7,508,050 <br />Unassigned Fund Balance as of 12/31/2021 E 10,457,281 <br />Amount over Targeted Fund Balance E-D 2,949,231 <br />KPI Council Directive Minimum 41% - 45%E/B 55.51% <br />Potential to Reallocate per Fund Balance Policy F 2,356,100 * <br />% of next year's budget after the transfer (E-F)/B 43.00% <br />Minimum Fund Balance:6,594,000 <br />(35% of subsequent year's budget) <br />*Includes $2,186,500 ARPA Funds, $169,600 Other <br />Attachment A <br />City of New Brighton, MN <br />General Fund's 101 Targeted Fund Balance per Policy