Agenda Item Title:
Acknowledge October 2023 Treasury and General Fund Update
The other attachments illustrate the total cash reserves and designated and undesignated balances for the General Fund. As of the end of October, the City’s General Fund Undesignated Cash Reserve is $3.3 million. This balance will continue to decline for the rest of the year as the final supplemental appropriations for 2023 are instituted.
Funding Source & Fiscal Impact (if applicable):