Sun Valley FY2010 Tentative Budget Fund Balance Analysis
Upcoming SlideShare
Loading in...5
×

Like this? Share it with your network

Share

Sun Valley FY2010 Tentative Budget Fund Balance Analysis

  • 1,062 views
Uploaded on

A Fund Balance Analysis of the FY 2010 City of Sun Valley Tentative Budget prepared by Council Member Nils Ribi and presented at the 7-9-09 City Council Meeting.

A Fund Balance Analysis of the FY 2010 City of Sun Valley Tentative Budget prepared by Council Member Nils Ribi and presented at the 7-9-09 City Council Meeting.

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
1,062
On Slideshare
1,030
From Embeds
32
Number of Embeds
4

Actions

Shares
Downloads
3
Comments
0
Likes
0

Embeds 32

http://nilsribi.wordpress.com 23
http://www.nilsribi.com 3
http://nilsribi.com 3
http://www.slideshare.net 3

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. Fund Balance Analysis FY 2010 Tentative Budget Nils Ribi 7-9-09
  • 2. Determine financial resources available to meet contingencies: General Fund – Fund Balance 1,840,263.00 Land Acquisition – Fund Balance 589,496.00 Workforce Housing – Fund Balance 190,501.00 2,620,260.00 General Fund - Contingency Fund 200,000.00 Resources Available for Contingencies, End – FY10 2,820,260.00 Sun Valley Fund Balance Analysis - FY 2010 Tentative Budget - NR 7-9-09
  • 3. Determine annual operating expenditures: General Fund Expenditures 5,124,463.00 Less - Contingency Fund 200,000.00 Annual Operating Expenditures, FY10 4,924,463.00 Sun Valley Fund Balance Analysis - FY 2010 Tentative Budget - NR 7-9-09
  • 4. Calculate Unreserved Fund Balance Ratio END FY10: Resources Available for Contingencies/Annual Operating Expenditures 2,820,260 / 4,924,463 = 57% ( 6.8 months operating expenditures in reserves ) Sun Valley Fund Balance Analysis - FY 2010 Tentative Budget - NR 7-9-09
  • 5. Sun Valley Fund Balance Analysis - FY 2010 Tentative Budget - NR 7-9-09