Council debates tapping reserves to restore capital projects while keeping operating cushion
Council and staff discussed using portions of the general fund to restore one-time capital projects while retaining a multi-month operating reserve; staff said three months of operating expenses equals about $2.3 million and proposed holding a four- to five-month buffer.
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City staff presented the draft operating and capital budgets and walked council through fund-balance projections as members weighed whether to restore projects cut in the draft capital plan.
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