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Council adopts reserve policies for enterprise and internal service funds
Turlock City Council · October 15, 2025
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Summary
Council approved new reserve policies for enterprise funds (water and sewer) and internal service funds (IT, fleet, workers' comp, health care), setting minimum/maximum operating reserve targets and structures for rate stabilization and capital reserves; staff said current cash flows can meet the targets.
City finance staff presented proposed reserve policies that formalize targets and structures for enterprise funds (water and sewer) and internal service funds (IT, fleet, workers’ compensation, health care and casualty insurance). The policy framework establishes three…
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