Attachment 5
General Fund
FY 20-21 General Fund Available Balance Calculation
FY 19-20 FY 20-21
Audited Audited
Available Fund Change Available Fund
Ending fund balance, as reported in Audited Financial Statements44,374,263$ 1,584,159 45,958,422$ Non-spendable (Due from Private Purpose Trust Fund) (27,787,637) - (27,787,637) Pension Section Trust (1,974,254) (262,994) (2,237,248) Prepaid items (23,772) 13,660 (10,112) Exclude Current Year Assets other than cash (3,467,264) (715,751) (4,183,015) Negative Cash (4,500,000) 900,000 (3,600,000) Reserve for Earthquake Insurance Deductible (500,000) - (500,000) Reserve for Capital Projects (450,000) - (450,000) Reserve for Planning (825,000) - (825,000) Reserve for Building (21,800) - (21,800) Reserve for Reusable Bags (remaining) (13,930) - (13,930) Reserve for PEG Fees (70,000) - (70,000) Reserve for Encumbrances/Project Carryover (128,519) 42,182 (86,337) Beginning available cash balance 4,612,087$ 1,561,256 6,173,343$ Reserve for Economic Uncertainty (25% target) (2,764,975) (1,269,542) (4,034,517) Beginning cash balance 1,847,112$ 291,714 2,138,826$
Attach 5 - General Fund FY 20-21 Available Fund Balance Calculation.pdf
Hercules City Council
February 22, 2022
- Document
- Attach 5 - General Fund FY 20-21 Available Fund Balance Calculation.pdf
- Meeting
- February 22, 2022
- Body
- Hercules City Council
- Original file
- 212 KB
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