Item Coversheet

Item Number: 2.



MEETING DATE:  5/17/2016

DEPARTMENT: CLERK OF THE BOARD OF SUPERVISORS

DEPT HEAD/DIRECTOR:

AGENDA ITEM PREPARER:

SBC DEPT FILE NUMBER: 865

SUBJECT:

COUNTY ADMINISTRATION OFFICE - R. ESPINOSA

Budgetary Reserve Funds Policy Discussion including but not limited to:

Teeter Funds Report.  Adopt general fund reserve policy, Adopt capital reserve policy, and adopt Rainy Day Policy.

SBC FILE NUMBER: 865



AGENDA SECTION:

REGULAR AGENDA

BACKGROUND/SUMMARY:



BUDGETED:



SBC BUDGET LINE ITEM NUMBER:



CURRENT FY COST:



STAFF RECOMMENDATION:

Receive information.   Adopt general fund reserve policy, Adopt capital reserve policy, and adopt Rainy Day Policy.

ADDITIONAL PERSONNEL:

BOARD ACTION RESULTS:

No action was taken. (4/0 vote, Chairman Rivas was absent)