Sun Valley FY2010 Final Budget Fund Balance Analysis
5
City of Sun Valley Fund Balance Analysis FY 2010 Approved Tentative Budget Nils Ribi 7-30-09
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A Fund Balance Analysis of the FY 2010 City of Sun Valley Final Budget prepared by Council Member Nils Ribi and presented at the 7-30-09 City Council Meeting.
Transcript of Sun Valley FY2010 Final Budget Fund Balance Analysis
City of Sun Valley
Fund Balance AnalysisFY 2010 Approved Tentative
BudgetNils Ribi 7-30-09
Determine financial resources available to meet contingencies:
General Fund – Fund Balance 1,589,426.00Land Acquisition – Fund Balance 371,763.00Workforce Housing – Fund Balance 190,502.00
2,151,691.00General Fund - Contingency Fund 200,000.00
Resources Available for Contingencies, End – FY10 2,351,691.00
Unreserved Fund Balance Analysis END of FY 2010
Sun Valley Fund Balance Analysis - FY 2010 Approved Tentative
Budget - NR 7-30-09
Determine annual operating expenditures:
General Fund Expenditures 5,124,463.00Less - Contingency Fund 200,000.00
Annual Operating Expenditures, FY10 4,924,463.00
Unreserved Fund Balance Analysis END of FY 2010
Sun Valley Fund Balance Analysis - FY 2010 Approved Tentative
Budget - NR 7-30-09
Calculate Unreserved Fund Balance Ratio END FY10:
Resources Available for Contingencies/Annual Operating
Expenditures
2,351,691 / 4,924,463 = 48%
( 5.7 months operating expenditures in reserves )
Unreserved Fund Balance Analysis END of FY 2010
Sun Valley Fund Balance Analysis - FY 2010 Approved Tentative
Budget - NR 7-30-09
Sun Valley Fund Balance Analysis - FY 2010 Approved Tentative
Budget - NR 7-30-09
