HomeMy WebLinkAboutCouncil Presentation 11-13-2018 FY18 Preliminary Year End Results - GF Fund Balance SlideGENERAL FUND RESERVE IMPACTPreliminary Fund Balance @ 6/30/18 29,294,572$ Projected Carry Over & Required Transfers 1,941,487 Current Year Projects 395,000 Prepaid Expenses 427,200 Restricted for Debt Service 2,121,552 Due from Wastewater 3,111,943 Due from Airport 2,013,701 Target Reserve (25% of Revenue) 11,239,002 Unassigned 8,044,687$ PRELIMINARY YEAR END RESULTS FY18Projected Carry Over & Required Transfers1,941,487 7%Current Year Projects395,000 1%Prepaid Expenses427,200 1%Restricted for Debt Service2,121,552 7%Due from Wastewater3,111,943 11%Due from Airport2,013,701 7%Target Reserve (25% of Revenue)11,239,002 38%Unassigned$8,044,687 28%General Fund Balance