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Fund Fund Name Cash Reserve Policy <br />670 Century Center Operations 25% of annual expenditures <br />671 Century Center Capital $800,000 minimum <br />672 Century Center Energy Conservation <br />Bond No reserve requirement <br />701 Firefighters Pension 10% of annual expenditures <br />702 Police Pension 10% of annual expenditures <br />709 Payroll Clearing No reserve requirement – clearing fund <br />711 Self-Funded Employee Benefits 25% of annual expenditures <br />713 Unemployment Compensation 25% of annual expenditures <br />714 Parental Leave 8% of annual expenditures – 1 month of expenditures <br />718 State Tax Withholding Fund 100% cash reserves <br />725 Morris / Palais Box Office 100% cash reserves <br />726 Police Distributions Payable 100% cash reserves <br />730 City Cemetery 25% of annual expenditures <br />731 Bowman Cemetery $400,000 minimum <br />750 Equipment/Vehicle Leasing No reserve requirement - Capital lease fund - spend down <br />to zero <br />752 South Bend Redevelopment Authority 100% cash reserves per bond covenants <br />754 Industrial Revolving Fund No City reserve requirement; there are program <br />requirements <br />755 South Bend Building Corporation 100% cash reserves per bond covenants <br />756 2015 Smart Streets Bond Debt Service 100% cash reserves per bond covenants <br />757 2015 Parks Bond Debt Service 100% cash reserves per bond covenants <br />759 2017 Eddy Street Commons Bond <br />Capital <br />No reserve requirement - Bond capital fund - spend down <br />to zero <br />760 2017 Eddy Street Commons <br />Bond Debt Service $2,500,000 minimum per bond covenant <br />32