Title
Financial Reserves/Debt Service Overview (B)
Explanation
The Commission requested staff provide information regarding use of the Rate Stabilization Fund (RSF), Utility Plant Improvement Fund (UPIF) and Debt Service and how these impact budget decisions. Staff has prepared a presentation to cover these subjects, and how each are used in the FY14 budget.
Fiscal Note
None.
Recommendation:
The City Commission receive a presentation from staff.