§ 34.100 PURPOSE.
   The purpose of the Cash Balance Policy is to establish the following:
   (A)   A target level of cash balance required for the General Fund and Water and Sewer Fund;
   (B)   A process and criteria for the continued evaluation of that target level as conditions warrant;
   (C)   A process for reaching and/or maintaining the targeted level of cash balance and the priority for the use of resources in excess of the target;
   (D)   A mechanism for monitoring and reporting the General Fund and Water and Sewer Fund cash balance.
(Ord. 21-13, passed 4-19-2021)