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ADMINISTRATION & FINANCE POLICIES <br /> Supplement 208 - Cash Reserve Requirements <br /> The City of South Bend has established the following cash reserve guidelines to ensure adequate liquidity. <br /> Cash reserves are defined as cash balances on hand less outstanding encumbrances. "Annual expenditures" <br /> in each fund do not include capital expenditures. <br /> Fund Fund Name Cash Reserve Police <br /> 101 General Fund 50%of annual expenditures <br /> 102 Rainy Day 3%of prior year operational expenditures in Civil City <br /> funds,excluding interfund transfers <br /> 201 Parks&Recreation 25%of annual expenditures <br /> 202 Motor Vehicle Highway 25%of annual expenditures <br /> 209 Studebaker/Oliver Reverting Grants No reserve requirement-Grant fund-spend down to zero <br /> Department of Community Investment <br /> 210 State Grants No reserve requirement-Grant fund-spend down to zero <br /> Department of Community Investment <br /> 211 Operating No reserve requirement <br /> 212 Department of Community No reserve requirement-Grant fund-spend down to zero <br /> Investment Grants <br /> 216 Police State Seizures 25%of annual expenditures <br /> 217 Gift,Donation,Bequest No reserve requirement <br /> 219 Unsafe Building No reserve requirement <br /> Law Enforcement Continuing <br /> 220 Education 25%of annual expenditures <br /> 221 Rental Units Regulation No reserve requirement <br /> 222 Central Services I No reserve requirement <br /> 226 Liability Insurance 50%of annual expenditures <br /> 227 Loss Recovery No reserve requirement <br /> 230 Code Enforcement No reserve requirement <br /> 249 Local Income Tax-Public Safety No reserve requirement <br /> 28 <br />