RESOLUTION NO. __________
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA ADOPTING CITY COUNCIL POLICY NO. [TO
BE DETERMINED], “AMBULANCE TRANSPORT SYSTEM
ENTERPRISE FUND RESERVE POLICY”
WHEREAS, in May 2020, the City Council voted to approve the program for the Chula Vista Fire Department to provide exclusive Emergency Ambulance Transport Services within the City of Chula Vista, the City of Imperial Beach and the Bonita Sunnyside Fire Protection District; and
WHEREAS, in alignment wit h best practices, a reserve policy for the Ambulance Transport System Enterprise Fund is proposed to provide guidelines for the level and use of reserves; and
WHEREAS, establishing a carefully considered policy will help mitigate the impact of unknown future needs and impacts due to revenue shortfalls; and
WHEREAS, the proposed reserve policy (Exhibit 1) creates a fiscally responsible and sustainable reserve framework for the Ambulance Transport System Enterprise Fund; and
WHEREAS, properly funded reserves support the continued provision of ambulance services to residents; and
WHEREAS, the proposed policy recommends four reserve categories to provide for greater distinction and increased security and accountability in the use of reserves, including Debt Obligation Reserves, Liability Insurance Reserves, Operating Reserves, and Capital Replacement Reserves.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Chula Vista that it adopts City Council Policy No. [To Be D etermined], “ Ambulance Transport System Enterprise Fund Reserve Policy ,” attached hereto as Exhibit 1, in the form presented, with such minor modifications as may be required or approved by the City Attorney and authorizes the City Clerk to enter the City Council policy number in the areas specified in this resolution once assigned.
Presented by Approved as to form by
Harry Muns Glen R. Googins
Fire Chief City Attorney