In addition to the amount required to be deposited into the general reserve fund pursuant to Section 132a, Article XVIII, of the charter of the city for cash flow purposes, a minimum of $8,727,546 or such greater amount as determined by the City Council shall also be maintained in the general reserve fund for purposes of paying costs arising out of unforeseen, unanticipated or emergency expenses.
(Ord. 4399, passed 11-27-00; Am. Ord. 4421, passed 11-26-01; Am. Ord. 4649, passed 12-9-13; Am. Ord. 4748, passed 12-10-18)