South San Francisco City Council
June 12, 2024

Reserves Summary FY 2019-2025 Attachment I
Description FY 2019 FY 2020 FY 2021 FY 2022 FY 2023
FY 2024 YE
Estimate
FY 2025
Proposed
Budget
General Fund Reserves (20%) 24,400,000 $ 24,090,000 $ 21,900,000 $ 25,392,000 $ 28,500,000 $ 27,000,000 $ 27,000,000 $ Infrastructure Reserves 727,300 12,187,000 11,909,000 18,033,000 8,194,000 4,376,000 4,938,000 Pension Stabilization Reserves 5,500,000 5,500,000 5,500,000 5,545,000 5,596,000 5,800,000 5,800,000 Unappropriated GF Balance 11,100,000 16,952,000 17,931,000 12,294,000 21,000,000 25,600,000 17,600,000 Reserves Fund Balance 41,727,300 $ 58,729,000 $ 57,240,000 $ 61,264,000 $ 63,290,000 $ 62,776,000 $ 55,338,000 $