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6.2. SR 06-02-2014
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6.2. SR 06-02-2014
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5/30/2014 9:53:39 AM
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5/29/2014 11:22:30 AM
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City Government
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SR
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6/2/2014
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The results of the operations within the remaining enterprise funds in terms of cash flow and the breakdown of the cash balances <br /> for the past four years are as follows: <br /> Garbage Fund Cash Flow <br /> $1,600,000 <br /> $1,400,000 <br /> $1,200,000 <br /> $1,000,000 <br /> $800,000 <br /> $600,000 <br /> $400,000 <br /> $200,000 <br /> $- <br /> $(200,000) <br /> 2010 2010 Receipts 2011 2011 Receipts 2012 2012 Receipts 2013 2013 Receipts <br /> Disbursements Disbursements Disbursements Disbursements <br /> ■Operating costs ■Other(interfund) ■Operating receipts ■Other(interfund,interest) <br /> Garbage Fund Cash Balance <br /> $700,000 $591,503 $606,857 <br /> $600,000 $540,516 <br /> $ <br /> $500,000 467,670 <br /> $400,000 <br /> $300,000 <br /> $200,000 <br /> $100,000 <br /> $- <br /> 2010 2011 2012 2013 <br /> Unrestricted (Minimum target balance(6 months of operating expenses) <br /> The expenses of this fund are mainly contracted services that are generally fixed in amount and relate to the number of users. As <br /> a result,it is not necessary to carry a large cash reserve. Some of the items with significant changes are highlighted below: <br /> • Operating receipts(blue)were sufficient to cover operating costs(grey)in each of the four years presented. <br /> • The current cash balance is approximately $19,000 less than the minimum target balance the City has set through the <br /> adoption of their financial management policy. <br /> People <br /> +Process® <br /> Going <br /> Beyondthe <br /> -13- Numbers <br />
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