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Agenda - 05-16-2017 - 6-a - Amendments to the County’s Fund Balance Management Policy Regarding the General Fund Unassigned Fund Balance
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Agenda - 05-16-2017 - 6-a - Amendments to the County’s Fund Balance Management Policy Regarding the General Fund Unassigned Fund Balance
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5/12/2017 8:43:06 AM
Creation date
5/12/2017 10:02:35 AM
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BOCC
Date
5/16/2017
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
6a
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Minutes 05-16-2017
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\Board of County Commissioners\Minutes - Approved\2010's\2017
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27 <br /> Appropriate Use of Unassigned Fund Balance <br /> ➢ The essential uses of General Fund <br /> reserves : <br /> • Mitigate risk attributed to revenue shortfalls <br /> or unanticipated non-recurring expenditures <br /> • Provide a financial bridge during recessions <br /> or weak economic conditions <br /> • Use for natural disasters and emergencies <br /> • Cash Balance cushion <br />
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