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It is the policy of the BOCC to maintain a minimum reserve between 5% and 10% of budgeted annual expenditures for the following funds:

  • Public Works Fund
  • Transportation Fund
  • Airport Fund
  • Library Operating Fund
  • Library Special Use Fund
  • 911 Fund
  • County Building Fund
  • Alcohol Tax Fund
  • Public Health Fund

Any reserve amounts in excess of 10% shall be used according to section 120.6 Use of One-time and Unpredictable Revenues.

If reserve levels fall below the minimum policy calculation for the funds listed above, excluding the Airport Fund, the Library Operating Fund, and the Library Special Use Fund, the County Manager shall submit a recommended plan to the BOCC, as soon as practical but not to exceed 90 days following receipt of notice from the Director of Budget and Financial Planning and the Director of Financial Management, to rebuild the reserve to the minimum level.

If reserve levels fall below the minimum policy calculation for the Airport Fund, the Library Operating Fund, and the Library Special Use Fund, the appropriate governing board and staff shall work in conjunction with the County Manager to submit a recommended plan to the BOCC, as soon as practical but not to exceed 90 days following receipt of notice from the Director of Budget and Financial Planning and the Director of Financial Management, to rebuild the reserve to the minimum level.

The following funds are not required to maintain a reserve:

  • Stormwater Fund
  • Prosecuting Attorney Fund
  • Stream Maintenance Fund

This policy excludes funds for the Park and Recreation District (the District is subject to a separate set of statutes).

Resolution No. 122-02
Revision Number: Original
Date of Last Review: Adopted 12-19-02 Revised 02-28-13