2025 12 08 Work Session Packet

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Agenda Item 
IV. B.  FY 2025-26 Fund Balance Transfer from General Fund to Capital Improvement 
Fund 
 
Overview 
The city’s established General Fund unassigned fund balance policy is to maintain an amount 
equal to 75% of General Fund expenditures in reserves. Based on the current budget, that amount 
would total $16.9M. Currently, the General Fund has $19.2M in reserves and needs to transfer 
$1.7M to the Capital Improvement Fund to fund future capital projects. After the transfer  is 
made, the General Fund reserves would total approximately $17.5M , slightly above the policy 
amount, and the Capital Improvement Fund reserves would total approximately $15.5M. 
Attached is the Finance Director’s memo and the cash balances and investment sheet ending 
Oct. 31, 2025.  
 
Action to Consider 
Consensus is needed to move this item to the  December 16 , 2025 regular session for 
consideration. 
 
Affected Departments 
Finance Department 
 
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