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CCR2007149. . . COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #149-2007 DESIGNATION OF UNRESERVED GENERAL FUND BALANCE WHEREAS, in accordance with the General Fund Reserve and Annual General Fund Budgeted Contingency Policy, the Finance Committee recommends for 2007, $2,284,901 is needed to meet the cash flow needs for the general operation of the City and $1,070,735 is needed to fund the unfunded portion of the City's Accrued Compensated Absences Liability. NOW, THEREFORE, BE IT RESOLVED That the Common Council of the City of Muskego, upon the recommendation of the Finance Committee, does hereby designate for 2007, $2,284,901 of Unreserved General Fund Balance to meet the cash flow needs for the general operation of the City and $1,070,735 to fund the unfunded portion of the City's Accrued Compensated Absences Liability. DATED THIS 24TH DAY OF JULY ,2007. SPONSORED BY: FINANCE COMMITTEE Ald. Bob Melcher Ald. Neil Borgman Ald. Keith Werner This is to certify that this is a true and accurate copy of Resolution #149-2007 which was adopted by the Common Council of the City of Muskego. 7/07sm a/~~~~ V,erk-Trea - rér