VILLAGE OF RUIDOSOAGENDA INDEX COUNCIL CHAMBERSREGULAR COUNCIL MEETING RUIDOSO VILLAGE HALLNOVEMBER 8, 2011 AT 3:00 P.M. 313 CREE MEADOWS DRIVE
CALL TO ORDER.
MOMENT OF SILENCE AND PLEDGE OF ALLEGIANCE.
ROLL CALL.
APPROVAL OF AGENDA.
CONSENT REGULAR ITEMS. PAGE
1. Approval of Governing Body Minutes. 1October 25, 2011 Regular Meeting
2. Adoption of Resolution 2011-31, a Resolution Amending Resolution 92011-21 Setting Forth Policy Regarding Lodgers Tax Expenditures forSpecial Events and Repealing all Other Resolutions and PoliciesConcerning the Expenditure of Lodgers Tax By the Village of Ruidoso.
MAYORAL REPORTS AND PRESENTATIONS.
REPORTS FROM MUNICIPAL OFFICIALS.
VILLAGE MANAGER REPORT. 15
Presentation by EcoServants on EcoRangers Program. 49
PUBLIC HEARINGS.
1. Ordinance 2011-17, an Ordinance Amending the Village of Ruidoso 51Municipal Code of Ordinances Chapter 12, Uniform Traffic Ordinance,Specifically Section 12-1-2.1 Access Aisle.
REGULAR ITEMS.
1. Discussion and Possible Action on Adoption of Resolution 2011-32, 55a Resolution Supporting the Filing of an Application to New MexicoDepartment of Transportation for Funding Assistance for Fiscal Year2012-2013.
2. Discussion and Possible Action on Adoption of Resolution 2011-33, 59Relating to the Village of Ruidoso, New Mexico Water SystemImprovement Revenue Bonds, Series 2011; Establishing the ExactAggregate Principal Amount of the Bonds of $570,000.00, MaturityDates, Rates of Interest, Redemption Features and Price with Respectto Such Bonds in Accordance with Village Ordinance No. 2011-12Adopted on September 27, 2011; Approving Documents Relating to theBonds; and Ratifying Action Previously Taken in Connection Therewith.
3. Discussion and Possible Action on Adoption of Resolution 2011-34, 71a Resolution to Adopt the Fund Balance Policy of the Village of Ruidoso.
4. Discussion and Possible Action on Adoption of Resolution 2011-35, 99First Quarter Budget Adjustment for Fiscal Year 2011-2012.
PUBLIC INPUT.
BOARD AND COMMISSION APPOINTMENTS.
CLOSED SESSION.
Discussion subject to the attorney-client privilege pertaining to threatened orpending litigation in which the Village of Ruidoso is or may become a participant.§10-15-1.H.7, NMSA 1978.
Anna Gail Grassie v. Village of Ruidoso, et al; Cause No. CIV-10-920;U.S. District Court for the District of New Mexico.Thomas Gavin v. Village of Ruidoso, et al; Cause No. 11-CV-00344CG/WPL; U.S District Court for the District of New Mexico.
Any action taken as a result of the closed session will be brought backinto open session.
ADJOURN.
I certify that notice has been given in compliance with Sections 10-15-1 through 10-15-4NMSA 1978 and Resolution 2011-01. If you are an individual with a disability who is inneed of a reader, amplifier, qualified sign language interpreter, or any other form ofauxiliary aid or service to attend or participate in the hearing or meeting, please contactthe Village Clerk at least one week prior to the meeting or as soon as possible. Publicdocuments, including the agenda and minutes, can be provided in various accessibleformats. Please contact the Village Clerk if a summary or other type of accessibleformat is needed.
_AL AGENDA MEMORANDUMRU1DOSO
Village of Ruidoso
To: Mayor Alborn andCouncilors
Presenter: Irma Devine, CMC?Regular Item
Municipal Clerk— Board and Commission Appointments— Informational
Meeting Date: November 8, 2011— Workshop ItemItems valued greater than $50,000.00 must be
Re: Approval of Council Meeting placed as a regular item.Minutes.
______________________________________
Item Summary:
Approval of Minutes from Council Meetings:
October 25, 2011 Regular Meeting
Fund: N/A Line N/A Budgeted N/A Available N/AItem: Amount: Balance:
Item Discussion:
N/A
Recommendations:
Approval of Minutes from Council Meetings:
October 25, 2011 Regular Meeting
AGENDA MEMORANDUMS, ALONG WITH BACK-UP DOCUMENTATION, ARE DUE IN THE VILLAGE CLERK’S OFFICE BY 8:30 A.M. ONWEDNESDAY PRIOR TO THE CORRESPONDING MEETING (PER COUNCIL’S ADOPTED RESOLUTION #2011.02).THISF4GENPA MEMORANDUM WAS RECEIVED IN THE VILLAGE CLERK’S OFFICE ON:I!7/’JI/ ‘? ,fl2 BY:
_
DME AN TIME
__
INITIALS
(Revised 1/11/11)
I
_}11L. VILLAGE OF RUIDOSO=LzUll,OSO= 313 Cree Meadows Dnve RUIDOSO=
Ruicioso, NM 88345liii (877)700-4343 or (575)258-4343; Fax (575)258-5361 liii
PRE-AGENDA ITEM CHECKLIST
_____
Items for Village Manager’s Report must be turned in to the Deputy Manager by 5:00
p.m. on Friday prior to the pre-agenda meeting.
_____
Legal Review Completed (if applicable).
A) )I} Completed Task Order (All task orders for legal review must be approved by
Village Manager.
Received Finalized Document and/or Legal Written Opinion
_____
Agenda Memorandum Completed.
_____
Finalized Document Attached (i.e. Ordinances, Resolutions,
Agreements/Contracts).
_____
Back-up Documentation Attached*.
_____
All provided documents must be 8%” x 11”, unless it is impossible to do so.
Above items have been complied with and provided to the Village Clerk’s Office on or
before 5:00 p.m. on Monday prior to the pre-agenda meeting.
*Back..up Documentation could be, but is not limited to, any of the following corresponding items:
• For renewal and/or amended agreements/contracts, copies of all previous
agreements/contracts or any other information pertaining to the document being
presented. For Agreements/Contracts, 2 originals must be submitted.
• Any and all maps, charts, spreadsheets, and/or previous minutes pertaining to the
document being presented.
[‘ YOU RAVE ANY QuESTIONS, PLEASE CONTACT:ma Devine, CMC Bertha Randolph, CMC[unicipal Clerk Deputy ClerkmaDevineruidoso-nm.gov BerthaRando1phru.idoso-nm. gov
Eione Ext. 1002 Phone Ext. 1003
ssued Date: 7/16/10)
2
VILLAGE OF RUIDOSOGOVERNING BODY, REGULAR MEETING
313 CREE MEADOWS DRIVERUIDOSO, NM 88345OCTOBER 25, 2011
Mayor Gus Raymond Alborn called the regular meeting of the Governing Body, Village ofRuidoso to order at 3:00 p.m. by calling for a moment of silence and the Pledge of Allegiance.Councilors Dean, Stoddard, Salas, Shaw, Sayers, and Hardeman were recorded present byroll call. Municipal employees present were Debra Lynne Lee, Village Manager; Irma Devine,Village Clerk; Bertha Randolph, Deputy Clerk; Randall Camp, Utilities Director; Shawn Fort,Building Inspector; and Joe S. Magill, Chief of Police. Village legal counsel present wasDaniel A. Bryant. There were approximately 32 visitors present.
APPROVAL OF AGENDA:
Councilor Salas moved to approve the agenda as presented. Councilor Shaw seconded andthe motion carried with all ayes.
CONSENT REGULAR ITEMS:
Councilor Salas moved to approve the consent regular items as followed:
1. Approval of Governing Body Minutes.October 11, 2011 Regular Meeting
2. Approval of Public Celebration Permit for “R & R Ruidoso Street Party”Special Event on Sudderth Drive on November 12, 2011.
3. Approval of Special Dispensers Permit for “Art Exhibit” Special Eventat 207 Eagle Drive on November 19, 2011.
4. Approval of Award of RFP 2012-005P to Postal Pros for AutomatedStatement Processing.
Councilor Shaw seconded and the motion carried with all ayes.
MAYORAL REPORTS AND PRESENTATIONS:
• Attended a Morale and Family Welfare and Recreation (MWR) meeting in Fort Bliss, whichworked in conjunction with the Village’s Tourism Department and would be participating inthe R & R Ruidoso Street Party on November 12, 2011.
• Attended a meeting with the New Mexico Film Office at the Spencer Theater, at which wasclarified that the 25% tax incentive was still in place.
• The Mountain High Fly In Event and Pine Top Car Show was a great success with over2,000 attendees.
• Received an invitation from the Red Feather Drama Club from the Ruidoso High School toattend a play called “Too Many Doctors” and encouraged attendance from the public.
13
REPORTS FROM MUNICIPAL OFFICIALS:
Councilor Sayers stated the following: All the art, along with each artist’s name was installedin the Convention Center; spoke with Elizabeth Martinez, with the U.S. Attorney’s Office,regarding the White Fire investigation and was informed it was still ongoing and, whenconcluded, she would contact her and the appropriate people.
Councilor Salas stated the E-Waste Recycling Event would be held at the IGA parking lot onSaturday, November 5, 2011 from 9:00 a.m. to 1:00 p.m.
Councilor Stoddard inquired if a response had been received from the Attorney General’sOffice regarding the banning of firearms. Ms. Lee stated she spoke with Zach Cook, whoinformed her the response had not been received yet.
Councilor Dean stated the following: commended all those involved in the Eagle Bridgeproject; thanked the businesses that were in the area for their patience and tolerance; andthanked all those who assisted with the Mountain High Fly-In Event, along with members ofthe Pine Top Car Club.
VILLAGE MANAGER REPORT:
Randall Camp stated the following: Eagle Bridge was being paved and would be completedand opened for traffic tomorrow; the guardrails and signs would be installed tomorrowafternoon; the striping would be done the following day; and the bridge would be lighted.
Mr. Camp provided a presentation on Drought Preparedness covering the following: the 2011Drought; Alto/Cherokee/Grindstone Systems; Drought Contingency Plan; Water SystemMaps; Pressure Zones; Interconnection Investigations; Water Transfer — Cherokee toGrindstone; Water Transfer — Alto to Grindstone; Investigation of Increasing Flow of RiverRaw Water Pipeline to Grindstone Reservoir; Proceeding with the Eagle Creek Raw WaterBypass Line; Rehabilitating and Reusing the Town & Country and Mechem Water StorageReservoirs; and Community Awareness.
Mr. Camp stated the following: they were taking a proactive approach by beginningconstruction projects and plans now; not much snow was predicted for the upcoming year;Grindstone was 25% of Ruidoso’s water supply; there were several options on how to pumpin water; 200,000 gallons would be transferred from Cherokee Well to Grindstone inapproximately two months; were working on the Grindstone diversion line located in UpperCanyon, since it should be producing 2,700 gallons per minute and was only producing 400-600 gallons per minute; the line could be air-locked or filled with debris; Ruidoso’s watersystem was one of the most complicated water systems in the State; there were 43 subzonesand 3 different subsystems, which created a problem with balancing pressures; there wereareas of opportunity for interconnects; there were water tanks not being used and they weregoing to be inspected for repair and rehabilitation; would continue working on wells; would bepresenting draft Ordinances regarding drought contingency and irrigation practices toCouncil; would get businesses and schools involved in awareness; information would beprovided through utility billing; education would begin regarding irrigation practices; and theVillage would be evaluating and reviewing all water re-use options. Councilor Hardemanrecommended a monthly report be provided to Council on water conservation and waterconsumption showing comparisons to previous years.
:4
Debra Lynne Lee highlighted the following: the National Drug Take Back Initiative wasscheduled for October 29, 2011 from 9:00 am. to 3:00 p.m. where the Ruidoso PoliceDepartment would work in conjunction with the U.S. Drug Enforcement Administration (DEA)to provide a venue for people to safely dispose of unwanted or unneeded prescription drugs;commended Sean Parker for a job well done on the Mountain High Fly-In Event, along withall other participants; staff was reviewing all safety issues; the entrance to the UtilityDepartment and counters were redesigned; the Homeland Security Grant was completed;and Dick Cooke prepared a press release from the Forestry Department that would be placedon the website.
Ms. Lee stated the following: the Lincoln County Commission would be conducting a publichearing on November 15, 2011 regarding dissolving the ETZ and the County’s authority toissue building permits and conduct inspections; Shawn Fort would be preparing apresentation on the pros and cons of the ETZ area and encouraged Councilors to attend themeeting; the purpose of ETZ was to look for potential areas for annexation and growth; andCouncil had the option to petition an annexation. Shawn Fort stated the following: norevenue was generated from the ETZ, but it protected the potential for growth; and 70% ofthe land was State, Federal, or fully developed. Daniel A. Bryant stated the following: therewas not a joint process currently between the Village of Ruidoso and Lincoln County; theneed for communication was a must; the most stringent regulations had to be followed; theETZ did not fall under platting and planning but was considered land use; the ETZ balancedcompeting interests; ways needed to be sought to make the transition work; annexation wasan important tool; and encouraged everyone to attend the meeting. Councilor Sayers statedshe would like to see some sort of zoning or protection created by the people who lived there.Mr. Fort stated there were many restrictive covenants as well as other restrictions that couldbe reviewed in some cases. Mr. Bryant stated State Statute allowed for a petition to besigned by twenty-five percent of the people that lived in the ETZ requesting an ETZ and thatwould create a mandate that superseded the need for an agreement.
Councilor Shaw stated a Human Resource report was not included in the Village Manager’sReport and inquired about the position of the Deputy Village Manager. Ms. Lee stated theposition was closed to the public and she had authorized reissuance for an internal positionposting.
PUBLIC HEARINGS:
There were no Public Hearings.
REGULAR ITEMS:
Discussion and Possible Action on Award of RFP 201 2-003P to Stream Dynamics forBog Springs Drainage Restoration Project. Robert Decker stated the Request forProposal was to design and supervise the installation of stream channel improvements alongWarrior Drive in the vicinity of Ruidoso High School and the project was fully supported by theRuidoso School Board. Mr. Bryant stated the students would have to get permission to do thework and the school would be responsible for the liability of those students. Ms. Lee statedshe would review the liability issue. Councilor Sayers stated the project was identified in theevaluation to improve the quality of the river environment and assist with the drainage.
35
Councilor Salas moved to Award RFP 2012-003P to Stream Dynamics for Bog SpringsDrainage Restoration Project. Councilor Shaw seconded and the motion carried with allayes.
Discussion and Possible Action on Second Renewal Agreement with the LincolnCounty Humane Society for Operation of the Animal Shelter. Police Chief Joe Magillstated the following: the second renewal was for the same amount as of last year, which was$63,000.00; they performed a great job; and recommended approval. The President of theLincoln County Humane Society Board stated Lincoln County contributed $30,000.00 and theAnimal Control Officers did a great job. Councilor Sayers stated the Ruidoso PoliceDepartment was able to place animals in the facility 24 hours a day seven days a week.
Councilor Shaw moved to approve Second Renewal Agreement with the Lincoln CountyHumane Society for Operation of the Animal Shelter in the amount of $63,000.00. CouncilorStoddard seconded and the motion carried with all ayes.
PUBLIC INPUT:
Nikki Murphy inquired if a committee had been appointed, as previously discussed, regardingthe five-year retention tax and to work on a method to save the community if the RuidosoDowns Racetrack would relocate. Mayor Alborn stated the Military 365 was one of thoseevents and that was the basis for all the tourism efforts. Councilor Hardeman statedeconomic development had never been a strength of our local government and the RuidosoValley Chamber of Commerce and business community needed to prepare a plan.
Kary Williams from Capitan inquired if twenty-five of those living in the ETZ area could sign apetition declining the ETZ. Mr. Bryant quoted State Statute 3-21-3(A) Procedure forExtraterritorial Zoning: “that in the absence of an agreement, a petition requesting the zoningof the ETZ area and signed by twenty-five percent of the qualified electors residing in the ETZarea and within the same County, may be filed with the County Clerk of the County of thepetitioners’ residence and upon the filing of such petition the Governing Body of themunicipality and the Board of County Commissioners shall enter into an agreement providingfor the zoning of that portion of the ETZ area lying within the County joining in the agreementand any agreement entered into pursuant to the provision of this subsection may besubsequently amended by agreement of both parties”.
BOARD AND COMMISSION APPOINTMENTS:
There were no Board and Commission Appointments.
Mayor Alborn moved to recess the regular session at 4:15 p.m. and reconvened at 4:27 p.m.
Councilor Shaw was excused from the regular session at 4:15 p.m.
Irma Devine was excused from the regular session at 4:15 p.m.
CLOSED SESSION:
Councilor Salas moved to recess into closed session for:. Discussion of the purchase, acquisition, and/or disposal of real property
and/or water rights by the Village of Ruidoso. §10-15-1 .H.8, NMSA 1978.Any action taken as a result of the closed session will be brought back into open session.Councilor Stoddard seconded and the motion carried with a roll call vote of all ayes.
Mayor Alborn recessed the regular session and convened the closed session at 4:28 p.m.
Present in closed session were members of the Governing Body. Others present includedDebra Lynne Lee, Bertha Randolph, Randall Camp, Daniel A. Bryant, Roger Peery, JackAtkins, and Judge Alvin Jones.
Mayor Alborn adjourned the closed session and reconvened the regular session at 6:40 p.m.
Councilor Salas moved to certify that matters discussed in the closed session were limitedonly to those specified in the motion for closure. Councilor Stoddard seconded and themotion carried with a roll call vote of all ayes.
Councilor Salas moved to approve the water team to proceed with finishing the previouslydiscussed settlement with the Bureau of Land Management (BLM), City of Capitan, the RioBonito Preserve and the Hondo Land and Cattle Company. Councilor Hardeman secondedand the motion carried with Councilors Salas, Hardeman, Dean, and Stoddard voting aye andCouncilor Sayers voting nay.
ADJOURNMENT:
There being no further business to come before the Governing Body, Mayor Albornadjourned the regular meeting at 6:44 p.m.
MINUTES ARE DRAFT UNTIL APPROVED ON:
Passed and approved this 8th day of November, 2011.
APPROVED:
___________________
Gus Raymond Alborn, Mayor
ATTEST:
________________________
Irma Devine, Village Clerk
57
AGENDA MEMORANDUM=Rurnoso=Village of Ruidoso
entItemTo: Mayor Alborn and Public HearingCounci lois Regular ItemPresenter: Cindi Clayton-Davis — Board and Commission Appointments
InformationalLodgers Tax Committee Chair— Worksho ItemItems valued greater than $50,000.00 must beMeeting Date: November 8, 2011 placed as a regular item.
Re: Adoption of Resolution 2011-31, aResolution Amending Resolution 2011-21Setting Forth Policy Regarding Lodgers Tax Expenditures forSpecial Events and Repealing all Other Resolutions and PoliciesConcerning the Expenditure of Lodgers Tax By the Village ofRuidoso.
Item Summary:Resolution 2011-31, Regarding Lodgers Tax Expenditures for Special Events.
Fund: 214 165-52068 Budgeted AvailableItem: Amount: Balance:
Item Discussion:The existing resolution specifies in section 6.A. that specialty advertising products: e.g.mugs, pens, pin (other than the official Ruidoso Pin approved by the Governing Body),hats, and T-shirts are ineligible for funds. As these items have the name “Ruidoso” onthem & promote our destination the committee agreed that the items should be madeeligible for funding. The New Mexico Tourism Department considers these eligible costsunder the Cooperative Marketing Grant Program with the provision that the cost is not toexceed 20% of the total amount funded. Many destinations in the state have adoptedthe NMTD guidelines for their own lodgers tax distribution guidelines.
Sunny Hirschfeld made a motion that specialty advertising products be made eligible forlodgers tax funds, with the provision that the cost of these items is not to exceed 20% ofthe total amount funded. Lynn Crawford seconded, motion approved unanimously.
Recommedations:The Lodgers Tax Committee recommends that the council adopt Resolution 2011-31 to deleteitem 6.A. and add to section 5:
F. Specialty advertising products: e.g. mugs, pens, pins, hats and t-shirts, not to exceed20% of the total amount funded.
AGENDA MEMORANDUMS, ALONG WITH BACK-UP DOCUMENTATION, ARE DUE IN THE VILLAGE CLERK’S OFFICE1BY 8:30 A.M. ON WEDNESDAY PRIOR TO THE CORRESPONDING MEETING (PER COUNCIL’S ADOPTED RESOLUTION
SENDEMOyNDUMp4S RECEIVED IN TE VILLAGE CLERK’S OFFICE ON:
DATE 414IME // c—INITIALS
(Revised 1/11/11)
9
JIIJ VILLAGE OF RUIDOSO J)L=IzuIooSo= 313 Cree Meadows Drive RLIIDOSO
Ruidoso, NM 88345LIII (877)700-4343 or (575)258-4343; Fax (575)258-5361 liii
PRE-AGENDA ITEM CHECKLIST
Items for Village Manager’s Report must be turned in to the Deputy Manager by 5:00
p.m. on Friday prior to the pre-agenda meeting.
Legal Review Completed (if applicable).
1J,1,4- Completed Task Order (All task orders for legal review must be approved by
Village Manager.
Received Finalized Document and/or Legal Written Opinion
Agenda Memorandum Completed.
Finalized Document Attached (i.e. Ordinances, Resolutions,
Agreements/Contracts).
Back-up Documentation Attached*.
_____
All provided documents must be 8Y1” x 11”, unless it is impossible to do so.
Above items have been complied with and provided to the Village Clerk’s Office on or
before 5:00 p.m. on Monday prior to the pre-agenda meeting.
*Back..up Documentation could be, but is not limited to, any of the following corresponding items:
• For renewal and/or amended agreements/contracts, copies of all previous
agreements/contracts or any other information pertaining to the document being
presented. For Agreements/Contracts, 2 originals must be submitted.
• Any and all maps, charts, spreadsheets, and/or previous minutes pertaining to the
document being presented.
‘ YOU HAVE ANY qUESTIONS, PLEASE CONTACT:ma Devine, CMC Bertha Randolph, CMC{unicipal Clerk Deputy ClerknaDevineruidoso-nm.gov [email protected] Ext. 1002 Phone Ext. 1003
;sued Date: 7/16/10)
10
VILLAGE OF RUIDOSO
RESOLUTION 2011-31
A RESOLUTION AMENDING RESOLUTION 2011-21 SETTING FORTH POLICYREGARDING LODGERS TAX EXPENDITURES FOR SPECIAL EVENTS AND REPEALING
ALL OTHER RESOLUTIONS AND POLICIES CONCERNING THE EXPENDITURE OFLODGERS TAX BY THE VILLAGE OF RUIDOSO
PREAMBLE
A. The Village of Ruidoso Lodgers Tax Committee wishes to amend the criteria forrecommending Lodgers tax funds expenditures for Special Events.
B. The Village of Ruidoso Lodgers Tax Committee desires to expend these funds tobenefit the entire Village.
C. The expenditure of Lodgers Tax is governed by the New Mexico State Statutes 3-38-13et seq, 1978 compilation as amended and the Village of Ruidoso Chapter 78, Article II.
D. The Governing Body of the Village of Ruidoso and the Lodgers Tax Committee wish toadhere to these laws.
NOW THEREFORE BE IT RESOLVED BY THE GOVERNING BODY OF THE VILLAGE OFRUIDOSO AND THE LODGERS TAX COMMITTEE TO AMEND RESOLUTION 2011-21 ASFOLLOWS: (new material is underlined and deleted material is stricken.)
Allowable expenditures according to the New Mexico Statutes and Ruidoso MunicipalCode:
A. New Mexico State Statutes 3-38-15.E, requires that municipalities imposing anoccupancy tax of more than three percent shall use all of the proceeds derivedfrom the portion of the tax in excess of three percent in any manner authorized inSection 3-38-2 1 NMSA1 978.
B. The Ruidoso Municipal Code requires that tax proceeds shall be used to defraythe cost of the following;
(1) Collecting and otherwise administering the tax, including the performanceof audits required by the Lodgers’ Tax Act pursuant to guidelines issuedby the state department of finance and administration;
(2) Establishing, operating, purchasing, constructing, otherwise acquiring,reconstructing, extending, improving, equipping, furnishing or acquiringreal property or any interest in real property for the site or grounds fortourist-related facilities, attractions or transportation systems of the villageor the county;
11
(3) The principal of and interest on any prior redemption premiums due inconnection with and any other charges pertaining to revenue bondsauthorized by NMSA 1978, §3-38-23 or 3-38-24;
(4) Advertising, publicizing and promoting tourist-r&ated attractions, facilitiesand events of the village or county and tourist facilities within the area;
(5) Providing police and fire protection and sanitation service for tourist-related events, facilities and attractions located in the village; or
(6) Any combination of the purposes or transactions stated in this section, butfor no other municipal purpose.
C. All expenditures of lodgers tax funds shall follow the Village of RuidosoProcurement Code that provides for the fair and equitable treatment of allpersons involved in public procurement and maximizes the purchasing value ofpublic funds.
2. Policy:
To assist and encourage marketing and advertising of the Ruidoso area that promotestourism, travel, and economic development.
3. Eligibility, Guidelines for Promotion and Tourism:
A. Agree to comply with any and all laws of the State of New Mexico and the Villageof Ruidoso.
B. Have an established organization that can demonstrate its ability to accomplish the proposed project in compliance with this policy and guidelines.
C. Complete all required forms and applications.
D. All print, tv and web/interactive media must include the Village Governing Bodyapproved Ruidoso branding Logo. Mention need not be made in radio media.
E. All applicants are recommended to coordinate with the contracted advertisingand marketing firm for the best possible marketing and promotions of their event.
F. Use of funds are restricted to an advertising matching basis.
1) First year organizations must match lodgers tax funding at the rate of20%, up to the first $5,000.00 dollars of lodgers tax funding.
2) Second and Subsequent Years: Organizations must expend dollar fordollar of the Lodgers Tax funds allocated, with a limit of up to $5,000.00per event, with strict stipulations as shown under sections 4 A, B, C, and Fbelow, (i.e.: $1,000.00 Lodgers Tax Funds, Match $1,000.00 minimum).
12
C. Applications for recurring funded events, must be submitted prior to March 1 ofeach year.
H. Applications for new events must be submitted no later than sixty (60) days priorto the event.
4. Applications will be considered favorably which address events or festivals that enhancethe economy of the Village.
Criteria to assess the merits of a particular event will include, but not necessarily belimited to the following, (in no particular order):
A. The time of year - events will be considered more favorably at traditionally slowertimes of the year based on lodgers tax revenue; and,
B. Expected attendance; and,
C. Location - in Ruidoso or proximity to Ruidoso; and,
D. Promotion - how much are the organizers prepared to spend on advertising, willadvertising be local, regional, statewide, national, or international. This will beused in evaluation of the type of event and how funds are best expended toincrease the number of visitors; and,
E. Events will be considered favorably that are considered attractors rather thanattractions.
Attractors is defined as the specific special event(s) that is the primary reason forvisitors to travel to this area.
Attraction is a venue that is an established facility for the purpose ofentertainment and recreation.
F. Length of event - one day, two days, or several days; and,
G. Overall potential economic impact to Ruidoso, including lodgers tax revenue.
H. A higher percentage of media budget spent outside of Lincoln County.
I. Events that work with area lodgers for packaging opportunities.
J. Expand the use of electronic media- websites, etc.
5. Eligibility for funds:
A. Advertising placement: the cost of insertion of advertisements in media includingradio, TV, magazines, and newspapers, Internet, electronic media, advertising,directly related cost, or any reasonable production cost.
13
B. Outdoor and indoor advertising: signs, billboard rentals.
C. Printing: cost of printing of promotional material, brochures, posters, billboards,color separation and layout.
D. Shipping, direct mailing and distribution of promotional material including directmail postage cost and list purchase.
E. Funds could be expended for other uses to attract new events to Ruidoso withapproval of the Governing Body.
6.
F. Specialty advertising products: e.g. mugs, pens, pins, hats and t-shirts,not to exceed 20% of the total amount funded.
Ineligibility for funds:
muu ocn. If ‘.,.IIL.,.JI- a. piTher than the ‘—-‘
‘erning Body), hats, and T-shirft
B A. Staff compensation.
G B. Meals, lodging, entertainment, or travel expenses.
D C. Telephone.
PASSED, ADOPTED AND APPROVED THIS 8TH DAY OF NOVEMBER, 2011.
SEAL
ATTEST:
Irma Devine, Village Clerk
Gus Raymond Alborn, Mayor
14
A. IiSpec’ty ac!:;,Ruidoso Pin approved by the G
“rr.tIr” orouuui;
Administration Departmental Memorandum
TO: Honorable Mayor and Village Council
FROM: Debi Lee, Village Manager
DATE: November 8, 2011
RE: Manager’s Report
ADMINISTRATION:
1. Water Drought Contingency Plan — is our priority and ensuring that we can deliverwater in this drought time is of utmost importance. Attached for your information is aWater System Drought Contingency Plan that calls for public cooperation throughconservation of our limited water resource. Randy Camp has listed four specificareas that we will be focusing on including: 1) Public Education; 2) Update andAdopt a water conservation Ordinance; and 3) Infrastructure improvements -
Reestablish connections between the three primary delivery systems: 4) IncreaseSupply Options. We began informing the public on the Monday morning radio show.We will be providing an update each Council meeting reflecting the status andprogress on each of these areas.
2. Eagle Bridge - has been completed with the exception of installing the hand rails.These hand rails are being ordered by FNF and staff expects them to be installed insoon. A final change order is also being prepared which will represent the finalcosts in each of the line items. Once this project is 100% complete, staff will be ableto submit for reimbursement from FEMA.
3. Safety Program — Staff is taking a new direction on ensuring a safe workplace forour employees. We have created a team of Directors that will conduct unannouncedsafety inspections. During this inspection, a review of the Job Hazard analysis willbe conducted where the team will look at the work area where the employees areperforming and compare the PPE’s in the job hazard analysis with the actual on-the-ground work. Tania Proctor has provided Staff with sample Job Hazard Analysis tobegin our efforts. We also decided to re-instate a safety panel that would reviewaccidents and accident reports. This panel would report to the Safety Committeequarterly and would make recommendations regarding each accident. This was inplace several years ago and resulted in fewer accidents. The goal of this newprogram would be to decrease the number of accidents as well as improve the workenvironment of all employees.
Manager’s Report Page 1 ‘‘ l November 8, 2011
15
4. Solar PV Project — Staff is working with Jim Miller to explore the possible options fora Solar Project in Ruidoso. Mr. Miller is working with Sean Parker, Airport Directorto explore opportunities with private entities to install, own, operate and maintaincustomer-sited renewable equipment, i.e. a PV solar farm. Electricity generatedcould be partially used by the Village and/or sold through a purchase poweragreement. We will keep the Mayor and Council informed with the progress madeon this effort.
Ridoso5 M1JTARY3Ô5RUDOSO are finalizing their plans for the November 12 Military street fair in
celebration of Veteran’s Day. This event will have great food “A Taste of Ruidoso”,beer and wine gardens, a kid’s zone and other entertainment. The Lodgers inRuidoso have also jumped on the bandwagon and are offering great rates for theentire weekend. Military 365 have sent press releases to Ft Bliss, Kirtland Air ForceBase, Cannon Air Force Base and several military publications and PSA’s arepromoting this event. A letter from the Mayor was sent out to the bases invitingeveryone to come to Ruidoso for this fun event.
6. Bouncing Back: New Challenges — New Opportunities. The Village Managerreceived a scholarship and attended the New Mexico Infrastructure Conference inAlbuquerque on October 25-27. The theme of this conference is “Bouncing Back:New Challenges — New Opportunities”. This conference provided New Mexicoentities information about financing and technical assistance to facilitate the planningand implementation of needed capital projects in their communities. There werepresentations on planning, tourism, utilities, water and wastewater, economicdevelopment, transportation and other public infrastructure. The Manager attendedall of the session on financing utilities and was pleased to hear that Ruidoso wasidentified as a community who has utilized multiple resources to meet theirdemands. The Waste Water Treatment Plant along with the Flood was specificallydiscussed as examples of a community addressing challenge. This conference waswell worth the time and funding sources were identified to assist us.
7. Sanitary Sewer System Relocation - Staff has received six proposals in responseto RFP #2010-002P Sanitary Sewer System Relocation. Because this is a large andextensive project, we will be inviting four of these firms to make presentations inNovember that will include their approach to the project, qualifications and timeline.After hearing presentations, a recommendation will be prepared for Councilconsideration for the December Council meeting.
Manager’s Report Page ‘‘ November 8, 201116
8. Employee Holiday Gathering - Staff has assigned a committee that will beorganizing an employee holiday gathering. Typically an Employee Picnic is held inOctober but because of the hectic schedule we all thought a Holiday Gatheringwould be fun. We will keep you informed as to the date and time this will occur.
AIRPORT:
1. There have been 138 operations (landing & takeoffs) from October 17th, 2011 to
October 27th 2011 making our daily average operations 12.55. Compared to sametime last year of 149 operations, with a daily average of 13.55. That’s a decrease of7.4% over last year.
2. We have sold 2,297 gallons of Jet A fuel (208.82 gal/day average) from October2011 to October27th, 2011. Compared to same time last yearof 2,795 gallons
with a daily average of 254.09 gallons/day. That’s a loss of 17.82% of salescompared to last year.
3. We have sold 851.4 gallons of 100LL (77.4 gal/day average) from October 17th,
2011 to October 27th, 2011. Compared to same time last year of 1091.6 gallons witha daily average of 99.24 gallons/day. That’s a loss of 22% of sales compared to lastyear.
4. A meeting was held with the airport’s fuel contractor, AVFueI. Discussions coveredprice concerns local tenants and visitors voice to us when utilizing our airport, andthat we want to compete better with Eastern New Mexico and West Texas airportfuel prices. AVFueI was also reminded that this is their last year of the four yearcontract with our airport. I addressed my disappointment with their customer servicethus far. There was no ability for them to negotiate a better fuel price, so it wasagreed that we would further pursue getting a Contract Fuel agreement with them,and enter into the AVFuel Points Reward Program. Both are good programs givingpilots and aircraft owners incentives to buy larger quantities of fuel when they are atSierra Blanca Regional Airport.
5. On Friday, October 21st, we conducted job interviews for the open Airport LineService Tech. All background checks have been completed, and our recommendedhire has been submitted to Human Resources Department.
6. On Monday, October 24’, I met with Dr. Jim Miller with Placer Mountain Services.He is a renewable energy consultant. We discussed options for the airport to have asolar panel farm that could generate enough power for the airport, and give energy
Manager’s Report Page 1 iif 1 November 8, 2011
17
credits back to Otero County Electric Cooperative and/or PNM toward Village ofRuidoso departments such as the Waste Water Treatment Plant. Initial discussiongave a general idea on how the airport could lease land to a solar energy company,which would sell the generated power at a very low cost back to the airport. Theremaining energy created would be sold to as credits toward the Village of Ruidoso.The airport would gain revenue from the long-term lease of the land, and have theutility costs drastically reduced. The solar energy company would make money offthe sales of energy produced, and from Federal Government Funds and taxincentives. The only cost to the airport would be Dr. Miller’s consulting fee. I will bespeaking with Debi Lee on procedures to lawfully and effectively move forward onthis project.
CLERKS:
1. 17 New Business Registrations were processed during October 2011.
2. 11 Requests for Public Information were processed during October 2011.
3. 37 Business Registrations were processed for termination during October 2011.
4. Staff attended the annual New Mexico Municipal Clerks Association Academyfrom October 12-14, 2011.
CONVENTION CENTER:
1. The week of October 16-22, 2011 we hosted an OSHA training, Lovington MunicipalSchools, Ft. Bliss single’s retreat and the Fall Fun Fest Carnival.
2. The week of October 23-29, 2011 we hosted the last day of the Ft. Bliss single’sretreat, RPD-training, Optical Systems Group and Lubbock Educators Assoc.
FINANCE:
1. On Monday, October 31, an auditor team of 6 will be arriving and will be here for 2weeks. They will be set up to work upstairs
2. The Utility Billing Department has begun the cash collection conversionimplementation into Incode. It has been going fairly smooth. The department has
Manager’s Report Page ‘ November 8,2011
18
also completed one batch of billings. By the end of the week, we will be caught upwith our monthly billing cycle. Victoria Chavez has done an exceptional job and hasbeen putting in a vast amount of hours to accomplish this monumental task. Nextweek we are on task to begin training remote departments on the cashiering module.
3. In order to streamline payments, the accounts payable department has implementeda bi-monthly check run.
FIRE:
1. We are working with the Police Department on the Reverse 911 initiative. We havealready met once and the next meeting we will have our plan in place to have asmany Citizens as we can sign up.
2. Finalized the Wildfire Evacuation plan and working with Police Department on themapping and getting them familiar with the plan.
FORESTRY:
Manager’s Report Page 5 of 21
19November 8, 2011
Forestry Current Activities Report Fiscal year This Period10/14/11-
Item: 7/1/2011 10/27/11
Hazard Tree Removal:
Private_Property
Village Property 8
Public Service Visits, Insects/Disease/Misc 16 6
Cost Share
Presentations 133 10
Acres Marked 549.356 7.106
Reimbursements $75,811.86 $0.00
Private Match Money $131,579.30 $0.OQ —
Properties Certified 105 10
Acres Completed(Cost Share + Minimum) 155.965
Permits issued for Tree Removal (16” plus) 23 4
Private Property Compliance:
Initial Inspection 2232 9
Properties Certified 218 17
New Construction Residential:
Initial Inspection and Fire Hazard Rating 8 1
Final_Inspection_and_Approval
New Construction Commercial:
Initial_Inspection_and_Fire_Hazard_Rating
Final Inspection and Approval
New Construction Permitting Fees:
Forestry $700.00 $100.00
Solid Waste $0.00
GENERAL SERVICES:
SOLID WASTE DEPARTMENT:
1. The free mulch for our residents is continuing at the White Mountain Sport Complex
2. All equipment is in service
3. CONTINUING: Our grapple truck crews have been pulled out of their areas toremove extensive contracted tree removal as directed by Forestry in the northernportion of the Village. The pine needle cast has begun and as soon as we haveremoved the contracted material in the aforementioned area the drivers will bereturning to their areas to attend to what we anticipate will be large volumes of pineneedles.
Information Technology (IT)
From Lori Carpenter — GIS Technician:
1. Making a spreadsheet for McClain & White Mtn. Development properties that showall accounts with legal descriptions, service address, acreage, etc...
2. 100 Dipalo Dr — customer thought it was only one lot because she only receives onetax bill but because both lots are vacant she is getting 2 yard waste bills. Sheargues that one lot is landlocked by the other. Advised customer that at this timeboth bills will remain but her information will be forwarded to Forestry Task Force forconsideration of combining bill
3. Much of the data that GIS & temporary staff entered into the AS400 was not broughtover to the new system. Lot, Block, Subdivision information, XY coordinateinformation and different status codes of CON(contiguous), DOT(NM Dept of
Manager’s Report Page’ November 8,201120
Transportation), VOR(Village Owned Property that does not have a water meter),DISC(discontinued service with no capital maint fees), INAC(inaccessible property)& LIEN(properties with a lien) were all changed to Inactive in the new system.These status codes make it easy to identify quickly why the account is not beingbilled & will allow us to pull reports to see how many lien accounts we have etc. Staffwill me meeting with Finance Dept. staff to develop a solution
Other GIS Requests:
1. Update: Met will Earl Bell to discuss a plan, he will be getting us a proposal withinthe next week. Spoke with Bob Decker and he said to do a requisition and turn intohim for line item #. This is for GIS server setup and training.
2. Update: County is sending out an updated copy of parcels & owners to me onNovember 1,2011.
3. Work on Land Use & Zoning database & map
4. Work on an ETZ map
5. Due to Forestry Database changes several address issues have cropped up. Aletter has been generated for each change, mailed and or faxed to all entities andcorrected in the 911 system. This week there have been around 10 addresschanges which take about 20-30 minutes each to complete.
6. Bob Decker requested information on VOR Parcels for sale, copy of ICIP chart that Idid for Randy & copy of information that Karen & Nancy requested.
7. Print 2 sets of copies of water, 33 pages, & sewer maps for Justin
8. Jamie Gibson requested map of water meter routes for future Firefly installation
9. Dick Sweanor requested map of Airport Facility/Property & Waste WaterFacility/Property map
10. Shawn Fort requested 4 different types of ETZ maps
11. Working on Fire Station District map for Harlan
12. Made more changes, added vendor names & changed booth locations, on SudderthBlock Party Map for Charles Meeks.
13. Scan 14 pages of house plans for Shawn Fort for public information request & putonCD
14.Scan & Print 2 sets of Water Plant 1 March 2010 maps for Carlos
Manager’s Report Page 7 of 21 November 8,2011
21
15. Print 2 sets of scanned maps of Eagle Creek Raw Water By-Pass, 54 pages total
16. Randy, Bob & Carlos — requested map of waterlines 6” and bigger with pressurezones overlay, water tanks, valves, pry’s, wells and booster stations — Update:Received CAD drawing from Wilson & Co showing updated pressure zones, I havesome questions for Bob but will be incorporating new information into map.
From Penny Parks Systems Administrator/Coordinator:
1. The new dedicated mail server which we migrated to on October 8, 2011, appears tobe functioning appropriately. The majority of the issues experienced in the migrationwere due to users either failing to make the appropriate settings changes or notinputting the changes correctly. We continue to adjust spam setting and this willcontinue to be an ongoing process.
2. Staff has placed the order for some of the replacements servers and software whichwill replace aging servers and allow the capability of reducing downtime at the PoliceDepartment
3. Staff and Cofex are working to setup up help desk software, procedures and a helpdesk environment for better handling of computer problems. The goal is to have thisenvironment up and running the first week of December. More information andusage instructions will follow.
4. Staff is working to compile the information necessary to write a disaster recoveryplan for the RWWTP.
5. Staff continues to upgrade computer equipment for various departments, to assistusers with issues, update the website and make other changes.
6. Staff is refurbishing equipment for use in other areas of the Village as well as forKiosks for time entry for employees.
Cofex Consulting ReDort:
1. Help perform Inventory for outdated equipment.
2. Preformed EOC phone changes at the fire station.
3. Track it software installed.
4. MISC minor support issues.
Manager’s Report Page ° November 8, 2011
22
Building Maintenance:
Building Maintenance is operating satisfactorily with no noteworthy issues at this time.
HUMAN RESOURCES
1. Street Department received their additional computer for employee to input their owntime. Street is moving employees over to the Employee Self Service for time inputstarting on 10/31/11. These employees have been entering their time for the lastmonth with assistance from Sandy Shearin, since they had limited computers. Afterthis department transitions that leaves the Fire and Solid Waste Departments to gowith 4 employees from the RWWTP. Some hardware is still needed in some of theother departments before they switch to entering their own time.
2. Tyler Transition is ongoing. The Human Resources Department has had softwareissues with each of the payrolls that have been processed in the new system. Staffhas worked with Tyler to resolve these issues and write necessary programs to fixthe problems. We are anxious for the transition to be complete and everyone tounderstand the new system process.
3. The mandatory training for all employees on Workplace Harassment andDiscrimination Prevention has been scheduled for December 1, 2011. We areoffering 4 two-hour classes. This training is being provided by Clear Law Institute —
Michael Johnson presenter, and will address harassment and other forms ofdiscrimination on the basis of sex, race, national origin, religion, age, disabilitystatus, sexual orientation and all other characteristics protected by federal, state,and local law and organization policy. It will be highly interactive and is structuredaround a series of scenarios, many of which are based on actual cases. Thetraining is legally accurate and up-to-date, and teaches essential principles to applyto ambiguous “gray-area” situations.
4. The mandatory training for all first line supervisors, directors, and managers onEmployment Law has been scheduled for December 2, 2011. We are offering 2three-hour classes. This training is being provided by Clear Law Institute- MichaelJohnson presenter, this training teaches supervisors the practical information theyneed to comply with the complex web of EEO and other workplace laws. Thetraining consists of five (5) course topics, which in total take about three (3) hours todeliver. The course topics include:
• Interviewing and Hiring Lawfully• Effective Coaching and Discipline• Wage and Overtime Issues
Manager’s Report Page Q November 8, 2011
23
• Family and Medical Leave• Reasonable Accommodation of Disabilities and Religious Practices
Job Postings # of Closing StatusVacancies Date
Deputy Village 1 06/17/11 AcceptingManager Applications, 38
applicationsreceived.Decided not to fillat this time. On10/25/1 1 positionwas open to onlyVillageemployees.Manager toconductinterviews on11/01/11
Certified Patrol 2 08131/11 AcceptingOfficer Applications; 9
applicationsreceived; 8applications weresent to PD;testing will takeplace 10/1/11.PD is doing in-depthbackgroundcheck on theremainingapplicants
Heavy Equipment 1 09/02/11 AcceptingOperator Applications. 8
applicationsreceived. Ratingon 10/04/11.Interviews wereconducted theweek of 10/24/11
Water 1 09/07/11 AcceptingDistribution/Sewer Applications. 5Collection applications
received. 2applications
Manager’s Report Page 1 ‘ ‘ November 8, 2011
24
forwarded forinterviews
WWTP 1 09/02/11r
AcceptingInstrument & Applications. 6Electrical applicationsTechnician received. Rating
to be on10/04/11.Interviewconducted and Inew hire inprocess
Line Service 1 09/30/11 AcceptingTechnician Applications. 10
applicationsreceived. Ratingto be scheduled.Interviewscompeted and Inew hire inprocess
Water Production 1 09/30/11 AcceptingManager Applications. 7
applicationsreceived. 2applications wereforwarded to thedepartment forinterview
Administrative 1 09/20/11 AcceptingAssistant II Applications. 31
applicationsreceived. Ratingdone and 8applicationsforwarded forinterviews.Interviewscomplete and 1new hire inprocess
Truck Driver 2 10/26/11 AcceptingApplications. 9applicationsreceived and 6
I forwarded to
Manager’s Report Page 1
25November 8, 2011
department forinterview 1028/11
New Hires:New Employee Position Date of HireAlbert Mendez Water Plant 09/19/11
Operator IVTim Amodeo Water Plant 11/21/11
Operator IVStatus changes in employment:
Terminated Position Date of TerminationWilliam Sprout Temporary Parks 10/06/11
Maintenance WorkerJoe Cabe SW Mechanic 10/13/11Brad Nowell Heavy Equipment Retired 09/30/11
Operator
TRAINING OPPORTUNITIES SCHEDULED FOR NOVMER & DECEMBER
November 9, 2011
8:00am — 10:00am
10:00am — 12:00 pm
1:00 pm —5:00 pm
December 7, 2011
Winter Safety and Winter Driving
Uniform Traffic ControlAwareness
Supervisor Do’s and Don’t’s
CouncilChambers
CouncilChambers
CouncilChambers
8:00am — 10:00am
10:00am — 12:00 pm
1:00 pm —5:00 pm
Cell Phone Safety
Sexual Harassment Prevention inthe Workplace for Employees
Fall Protection Awareness
ConventionCenter
ConventionCenter
LIBRARY:
ConventionCenter
Manager’s Report Page November 8, 201126
1. Technology: The library is looking into alternative options for its public computingarea. We have received quotes from Userful Corporation for another 3 yearagreement replacing 16 computers. Their quote is $21,802.89. Bryan Grummon hasgiven the library a quote for buying computers, monitors, keyboards, and mice for494.33 per machine but his quote does not include multi use licenses for Microsoftsoftware, maintenance, and amounts to the library abandoning what it has had inplace for the last 6 years. Bryan Grummon’s costs $7,909.28 and we would have todo updates, and buy additional software to create a system that defaults or resetsevery evening. Userful’s maintenance takes the burden off the city’s IT departmentand our own staff in the library. We are looking at the costs of multiuse licensingfrom New Egg. A third option is still being streamlined from purchasing everythingfrom numerous online sites.
2. Grants: I have received letters of support from the Center for Peace Studies, TheCenter for Nonviolent Communication, both in Alburquerque, NM, author of theMeditative Path, John Cianciosi, and the library has purchased the film, Forgiveness:A Time to Love, A Time to Hate and the Book, 12 Steps to a Compassionate Life.The goal is to obtain a grant from the American Library Association and the FetzerInstitute to conduct programs involving all these people and ideas centered aroundbuilding community, civility and compassion. Andrea Reed has agreed to concludethe programming showcasing dances of the world. Building Community would takeplace March 2012.
3. I have received a verbal agreement from Kay Kuhlman to conduct two programscelebrating the centennial of New Mexico becoming a state—January 1912. Land ofEnchantment is her reenactment of Marion Russell’s life along the Santa Fe Trail.Camp Capitan is a play she has completed and will premiere at the library telling thestory of a women’s work camp during the Depression (1930’s). I have nearlycompleted a grant from the New Mexico Library Foundation which would help fundthese two January 2012 events.
4. I have just begun reading through the information for the National Endowment forthe Arts Big Read Program. The grant awards money to encourage literacy.
5. Programs in November:
• Charles and Diane Stallings book talk, Death in a Red Desert. Nov 4 @ 10am
• Let’s get Technical: introduction to online self service on Nov 10 @ lOamand again Nov 29 @ 3 pm
Manager’s Report Page F November 8, 201127
• Movie: Let’s Go to Galapagos Nov 18 @ 10 am• Find It at Your Library: How to search for books Nov 22 @ 3 pm
6. Children’s Library:• Nov 2 Stories about Fall• Nov 9 Stories about Scarecrows• Nov 16 Thanksgiving• Nov 23 Movie: Nanny McPhee Returns• Nov30 Christmas• Second graders will visit the library through- out November
7. Friends of the Library meet Nov 1@ 4 pm
& Library Board meeting Nov 2 @ Noon
9. Library will be closed Nov 11, Veterans Day and Nov 24,25,26,27 ThanksgivingHoliday
PARKS & REC:
1. MAIN STREET TRICK OR TREAT — Parks and Recreation Department participatedin the annual event by having a Jurassic Park themed van. Thanks to Eddie Fowlerfor providing us the parking lot to hand out healthy treats to our community kids.
2. RUIDOSO NOON LIONS & BASS BROTHER ROOFING COMMUNITY PROJECT— Staff met with a member of Ruidoso Noon Lions Club an associate of BassBrothers Roofing who is donating the metal roof, material and labor to replace thewood shingles on Pavilion #1 at Two Rivers Park (the one closest to the road by thepony rides and the oldest pavilion on the park). When completed a small ceremonywill be held to thank them, date TBD.
3. PICKLEBALL COURT — Debbie Jo met with Andy Carter member of the club todiscuss options. She is waiting to hear back him.
4. PARK MAINTENANCE — Crew will begin putting up Holiday Decorations on lightpoles on November 15th to be completed by Thanksgiving Day and trees at SchoolHouse Park will also be completed for the Christmas in the Park event on Decemberst
5. THE LINKS WALKING TRAIL — Staff has followed up on seeking options andestimates to repair the trail and improve safety along White Mountain Drive.
Manager’s Report Page 1 November 8, 201128
6. KEEP RUIDOSO BEAUTIFUL — E-Waste Day electronic waste recycling was heldon November 5, 2011 at IGA parking lot from 9am — 12 noon.
7. CEMETERY — Staff continues to work with the Cemetery Board and Council onsecuring property for a new cemetery. Council has met in closed session to consideracquisition of property for new cemetery.
8. GRINDSTONE BIKE TRAIL — Staff is working with Bicycle Ruidoso and USFS tocomplete the scope of work for the construction of the trail and go out for bid on theproject.
9. RIVERWALK TRAIL. This project continues, thanks to Laura Doth for an excellentjob and persistence with this long awaited project. Staff provided Laura with a fewgrant leads.
10.OPEN GYM & ADULT LEAGUES. Open Gym for Volleyball on Monday &Wednesday and Basketball on Tuesday & Thursday will continue from 7:30 —
9:30p.m. Leagues for both basketball and volleyball will begin in January.
11.PARKS AND RECREATION COMMISSION (PARC). The next Board meeting isscheduled on November 21st at 5:30 p.m. Agenda items: Recreation NeedsAssessment, possible policy on feeding wildlife and creation of a Friends of Parks &Recreation to help with fund raising for small projects needed by the department.
12. SPECIAL EVENT APPLICATIONS SUBMITTED - (Permits Pending or Approvedas of 1012712011)
• Oct. 1 & 2 — Ruidoso Gymnastics Center Art Festival — School House Park(Approved)
• Artisan Mercado — First National Bank Parking Lot — (Approved)• Aspenfest Parade — Mechem/Sudderth to Two River’s Park (Approved)• Food for Marching Bands — Two River’s Park (Approved)• October 15 — Fly In/Car Show — Airport (Approved)• School Garage Sale — School House Park Pavilion (Approved)• Oct. 29 — Ski Run Road Challenge (Approved)• Oct. 31 — Church by Church Music during Main Street Trick or Treat Event
(Approved)• November 6- Joy for Kids Toy Run (Approved)• Nov. 12 — R, R & R Block Party — Military 365 (Pending Vendor List)• Dec. 3 — Festival of Lights Parade (Pending)
PLANNING & ZONING:
Building Inspections for October, 2011. — As of October 28th
Manager’s Report Page i ““ November 8,2011
29
Inspections135—Building :.
80 — Electrical82 — Plumbing/Mechanical
297-Total
Building permit activity report for October, 2011, is as follows:Total number of permits: 113Total Fees: $20,506.32
BUILDING TOTAL VALUATION $1,806,916.52
1. As expected October has continued to remain steady for new construction with 6new single family homes permitted.
2. The Short Term Rental Program has 610 STR’s all are in compliance or in theprocess of gaining compliance. Staff has begun to pursue some online companieswith STR’s that have failed to register.
3. Lincoln County has notified staff that they have scheduled a public hearing onNovember 1 5th, 2011 at 2:00 pm with the intent to rescind the ETZ ordinance.
4. The Planning & Zoning Commission has cancelled its November 1st, the next
regular meeting will be on November 15. Items on the agenda will be a ConditionalUse Request for a property located at 108 Vision Dr. and discussion of possiblechanges to chapter 54 signs.
POLICE:
1. Enforcement:
During this past month the Ruidoso Criminal Investigation Division, led by SergeantProctor, has made significant arrests resulting in the recovery of large amounts ofcash, stolen flat screen TV’s, firearms and ammunition, On 10/20/11 members ofthe Ruidoso Criminal Investigation Division, along with Lincoln County NarcoticsEnforcement Unit, and Lincoln County Sheriff’s Office arrested Ross Sanders whowas in possession of approximately one pound of Methamphetamines. These typeof arrests result in getting a large amount of drugs off of our streets and has asignificant impact on the burglaries committed in our community.
During the week of October 23rd through 2gth the Patrol Officers have conductedcitation saturation in the Mid-Town area, concentrating on Seat Belt and Speedingviolations. This saturation, traffic enforcement effort has been initiated by Lt. Merritt.
Manager’s Report Page November 8, 2011
Three days of traffic enforcement has resulted in, approximately, 20-40 citationsissued each day.
In the month of October 2010 our Department wrote 127 citations and made 37arrests. At the time of this report, in the month of October 2011, the Department haswritten over 350 citations and made 57 arrests. There is one week still remaining inOctober 2011.
2. Training:
The Department is hosting a class entitled “Bloodstain Pattern Interpretation” onOctober 24-28, 2011, 0800-1 700 hours, at the Ruidoso Convention Center. Thiscourse will be taught by Steven McGibbon of the Mobile Crime Scene Academy.Steve is retired Special Agent with the Air Force Office of Special Investigations(AFOSI), holds a Master’s degree in Forensic Sciences from George WashingtonUniversity, and has conducted investigative training for law enforcement agenciesfrom across the country. This class includes at least 12 hands on individualexperiments, bloodstain history, scientific method, biohazards, behavior of liquidblood, terminology, stains and angles, case discussion and practical exercises.
The News Release below is an annual event that Special Agent Richard Swenor hasadministered in our Department.
PURCHASING:
STREETS:
During the past two week period, the following projects are in progress or have beencompleted by employees of the Street Department.
• Drainage Issues Addressed For the Following Streets & Areas:o Juniper Roado Del Mar Drive
• Equipment Maintenance:• General servicing of equipment in use• Hot Plant:
o Hot mix production for utility cuts and projects.o Maintenance Hot Plant
• Utility Cuts:o Grindstone Canyono Lost Mtn.Ct.o
1st Streeto D Streeto South Street
Manager’s Report Page 1 November 8,2011
31
o 2 Streeto High Loopo Porr Driveo Flume Canyono Main Rd.o Barcus Rd.o Sarah Laneo Kansas City Rd.o Harvard Placeo Paradise Cyn.o Hart Ave.o Bradley Driveo DufferDr.o Upper Decko Apache Hillso Rio Arribao Dona Ana Dr.o De Baca Circleo Old Lincoln Rd.o Flume Canyon
• Road Work with Motor Grader - Base Course:o Wigwam Laneo Geronimo Placeo River Trailo Kingwood Place
• Pot Holes:o Main Road @ 2nd Bridgeo White Mtn.Dr.o Sunny Slopeso SnowCap Courto McBride Drive
• Blade Patch with Hot Mix:o Rio Arriba Rd.o Nob Hill Driveo Dona Ana Dr.o Socorro Circle
• Village of Ruidoso — lntradepartmental Assistance:o Transport Fire Trucko Hauling debris and brush from Alto Dam.o Reinforced rebar for the Court House Parking Lot Barriers
• Trimming Trees from Roadway Obstruction:o Leon Farrar Dr.o Wingfield Streeto High Streeto Apache Trailo Rio Street
Manager’s Report Page 1” ‘. November 8, 201132
o Country Club Dr.Sweeping Streets:
o Mechem Driveo Sudderth Driveo Sandstone P1.o Bobby Laneo A Streeto
3rc Streeto B Street
• Stock Piling Aggregates: Hauling Base Course for General Street andDrainage Repair.
Future I Ongoing: Assignments and Projects are as follows:
• COOP Project— Country Club Area — SP-2-1I(972): Funds request letter(75% match) has been submitted to NMDOT for $54,816.
• MAP Project — Improvement 15t & 2nd Bridge Main Rd — MAP-I 223(900):Funds $175,000 has been received by The Village of Ruidoso from the State ofNew Mexico.
• MAP Project — Box Culverts Hull & Paradise — MAP-7627((903): Contractsigned by the State November 29th, 2010
• COOP Project 2011-2012 — Chip Seal Various Roads in Ponderosa HeightsArea: The Contract was presented to Council on September 27, 2011 and wasapproved. Four originals have been sent back to NM DOT by the StreetDepartment. Waiting for signed contract from the State, before chip seal projectmay begin.
• P.D. Gun Range at the Air Port: There was a temporary delay in theconstruction by the Street Department. This project is scheduled to resumeduring the second week of November.
• General Street Repair and Drainage Work Orders: The goal is to keep theseissues moving in a timely manner.
UTILITIES:
Staff continues to meet with various engineering companies regarding flood andfreeze issues.
2. Staff, engineering consultants and water team members continue to developstrategies for addressing a potential extended drought. There will be a DroughtContingency presentation during manager’s report to present plan and discussoptions. An REP for a Water System Master Plan/Model is being prepared tosupport the development of a fully redundant system in order to mitigate the effectsof drought. Staff is proceeding to self perform small but critical projects that willfacilitate redundancy immediately. (See Attached Drought Contingency Plan)
Manager’s Report Page 19 of 21 November 8,2011
33
3. Grindstone Dam —Currently awaiting OSE Dam Safety Bureau Chief’s review ofthe Final Report of Findings and Recommendations delivered to VOR March 7,2011. A workshop will be scheduled following Dam Safety’s acceptance. The O&MManuals for Alto and Grindstone were delivered to the Dam Safety Office onSeptember 23, 2011 per schedule. The EAP5 are currently under Staff Review withfinal copies expected to be delivered to the DSO by the end of October. Work isproceeding on mitigation of the issues outlined in the dam inspection conducted inMarch. Staff is proceeding with preparation of an RFP to design the repairs onGrindstone Dam in order to be better positioned for the next year’s Water TrustBoard funding. Requests for projects are due November 3rd. Staff anticipatesrequesting funding for Alto Dam Design, Grindstone Dam Repairs, and a Re-useProject.
4. FEMA —Staff is continuing to work with FEMA on flood and freeze issues in order tofacilitate the timely replacement of bridges and the RFP for engineering design ofthe Sewerline Relocation Project.
5. Eagle Bridge — Eagle Bridge project is Substantially Complete. It has been verysuccessful partnering between the contractor and the Village of Ruidoso. Thesidewalk has been installed on the east side of the bridge in accordance with ADAstandards. The new guard rail and signage has been installed. Striping shouldfollow in the next couple of weeks, and will be the final item completed on theproject. We are currently going through punch list items which includes drainageissues along the west side of the New Eagle Dr. This item will call for a drop inletand new storm water piping along that side terminating at the river. This will needto be done to protect the private property on the west side of the road. Thehandrails along the sidewalk have been ordered and are being fabricated.Engineer of record did his inspection on Friday of last week and was particularlypleased with the outcome. Please take some time to go down and look at thestructure.
6. RWWTP — Phase lb — Substantial Completion has been accepted as of May 27,2011. A meeting with Dr. Stensel and Jim Good from Parametrix was heldSeptember 20th and they reported that the new plant has had a significant positiveeffect on the river. Meeting was in preparation for the Surface Water Quality Boardhearing in March that will establish our final operating permit. Staff met withengineers and equipment supplier representatives on October 1gth to address finalpunch list items and problem areas.
7. Alto Water Plant (Plant 3) —the RFP for a PER and Pilot Project for upgrades toPlant 3 has been awarded to HDR Engineering of Albuquerque. Anticipate havingHDR’s contract before Council at the next meeting pending legal review.
Manager’s Report Page November 8,201134
8. Water System General — We are still experiencing line breaks; however, thevolume and severity seem to be reducing. Dry conditions and soil shrinkage seemto be the contributing factors in several areas.
9. Five Year Accounting Period End - according to the current trend, therequirements of the 5 year accounting period will be met with approximately 260acre-ft to spare. Unfortunately there has not been enough water available in theRio Ruidoso to allow the diversion of that quantity to Grindstone Dam. Finalnumbers on the 5 year accounting period will be available at the November CouncilMeeting.
10. Water Department — Staff continues to meet with the Village Manager in order tofacilitate the Departmental reorganization. Interviews are being scheduled for theWater Production Manager and the Distribution/Collection Manager. Goals are toreorganize in order to increase efficiencies and reduce costs. Water Departmentwill be split into two departments — Distribution/Collection and Production. TheProduction Department will follow the same structure as currently employed at theRWWTP. Staff continues to purchase Safety Equipment and Tools to facilitateproper work process. Staff has attended OSHA Trenching Safety training and willcontinue OSHA training in pertinent areas.
11. Sewerline Relocation Project — four respondents have been selected to makepresentations as part of the selection process for the design of the project (HDR,Moizen-Corbin, CH2M Hill, and Smith Engineering). Purchasing will be schedulingthe presentations.
F
Manager’s Report Page 21 f 21 November 8, 2011
35
MJFDI1A ]JELEASE
National Drag Take Back Initiative
SATUIRIDAYOctober 29, 2011
9AM to 3PM
The Ruidoso Police Department, in conjunction with the U.S. Drug EnforcementAdministration (DEA) has scheduled another National Prescription Drug Take Back Dayfor Saturday, October 29, 2011, from 9AM to 3PM to provide a venue for persons whowant to safely dispose of unwanted or unneeded prescription drugs.
According to a recent (10/16/2011) 60 Minutes TV doer’ entary, accidental overdosesand deaths from the misuse/abuse ofprescription drugs have reached epidemicproportions in the United States with as many as 7000 known overdoses and deaths permonth! Statistics show that as many as 7 million Americans misuse or abuse prescriptiondrugs and each day, an estimated 2500 teçns abuse prescription drugs to get high for thefirst time. Studies and investigations have also confirmed that the majority of abusedprescription drugs are obtained from family and friends, including the home medicinecabinet!
The Take Back Initiatives in September 2010 and April 2011 throughout the nation,including here in Ruidoso, resulted in the collection of “309 tons”, that’s 618,000 pounds,of unneeded prescription drugs! Due to these results, four days after the 2010 Take BackDays, Congress passed legislation amending the Controlled Substances Act to allow DEAto continue the process for people to safely and legally dispose of their unneededprescription drugs. These initiatives will continue nationwide every six months!
On Satarday, October 29,291!, between 9AM and 3PM, residents of Ruidoso,Ruidoso Downs and Uncola County are invited to bring unwanted or unneededprescription drugs (as well as any illicit substances with no questions asked) to theMain Entrance/Lobby of the Ruidoso Police Department, 1085 Meebein Drive(across from Enidoso’s Main Post Office) and drop them into the safeguarded DEAcontainer.
Contact Special Agent R.S. “Dick” Swenor, Support Services/Forensic EvidenceCustodian, Ruidoso Police Department, (0)575-258-7365 or © 575-973-0876 for anyquestions/additional information.
P.S. It is highly recommended that you do not flush prescription medications/drugs intoyour sewer or septic systems!
37
RC
Ruidoso Water-
Production Department
Water Production Report
Date: Friday, October 28, 2011
Alto CrestProductionWells flows: 615 GPMEC / Alto flow: 0 GPMTotal Plant flow: 0.988 MGD
Tank Level:5 Million gallon tanks: 47 FEET
Alto Lake:Water level: 15 Feet below Spiliway
GrindstoneProductionTotal Plant Flow: 0.563 MGDTank Level:3 Million gallon tank: 46 FEETGrindstone Lake:Water level: 33.3 Feet below SpiliwayCurrent Capacity: 176 MG 36%Designed Capacity: 495 MGDiverting into Grindstone: I Cubic feet per second
Gaging StationsUpper Canyon station: Est 2 Cubic feet per secondHollywood station: 6 Cubic feet per second
Comments: Currently in Phase 4 Condition as ofPhase 4 Conservation Trigger conditions are as follows. (2 of 4 Conditions Must be met)1. Alto Lake Level 10’ below spiliway. Currently 15’ Feet from Spiliway. Meets One Condition2. Eagle Creek & Wells below 900 gpm. Meets One condition.3. Phase Trigger condition: 5 Miii Tanks Below 83% (46 ft) capacity for more than 24 hrs.Current capacity at 87%, 47 feet.4. Grindstone Lake level 20 ft below spiliway. Currently 33.3 ft from spiliway. Meets One Condition.Three Conditions to enter into Phase 4 Conservation are met. Requires 2 of 4 Conditions be met.
The Water Department recommends holding at Phase 4 Condition.Conservation Please
39
-I 0 C)
U’
0 w 1.0
I-n
C a 0 ‘-4.
NJ N 00 0 .0 I.
ci
NJ
00
m 1 m p (J U-’ p U-’
UI
UI p NJ
C p NJ
.3
£C
33
I-hp
bo
NJo
00
op
àoo
C o 00
Q 0 I-A
C
op
àoo
L0
NJQ
I-
}—i
F4
I—s
i-I-
I-
)—I-
l-I-
I—a
II—
iI-
F-
00
00
00
00
00
0C
00
00
00
00
00
00
00
00
00
0--
.-
.-
—U
)U
)N
JN
JN
JN
JN
JN
JN
JN
JN
JN
JI-
)—)—
00
00
00
00
0.
—.
—-
—-
——
.—
.-.—
—-
---
—.
——
.—
S.--
SS
S5
S.
-C
I—i
I—a
)._
I—j—
i—i
I—i
)—I—
hI_
4—.
i—I—
ii-
.I—
)—‘
l—I—
F-
l—I—
i—i
i—i
i—s
i—’
I—4-
—-
i—is
i-!
C0
00
00
00000C
0C
Q0p04-S
s0000000C
00C
00
00
00
0cD
-U
)U
)00
U)
00
DN
J(5)
I—s
.(1
,N
JL
oI—
i4)
00I-
0N
JC
QO
OC
00
Q0
0N
J0
00
00
NJQ
00
NJ00U
)O
O
00
00
00
000000000
00
00
00
00
00
00
00
00
0C
00
c5N
J0
Vi
.J.-
.cD
ON
J0
-J
.J.
—I00
0o
0-J
0i
LD0
0U
)-j
00
00
U)
NJ
U)
00.J
.U
)0i
U-I.
NJ
NJ.
O00
NJ
LD‘—
1N
J00
Q00
.bbbbbbbbQ
b.
vi
00000—
.J000
.C
OO
00
00
0U
)0
0i
-J-J
SJ
CI—
aU
IU
)C-
0.
0‘.
0C
-.J.
.i-
%J
U)
--s
C)
0C
C0
0C
OC
00
o0
pC
oo
bbbbbcicicibbbbcicibbboboboob
aocibb
vi
00
00
0‘.
0C
000
00
0i-
c0
C0
00
00
00
U)
0-‘
00
0C
U)
00000
0000
00000000
NJi-”-S
JO
O0C
CC
CC
000
0C
000C
OC
CC
QC
QC
CC
QC
QC
CC
0C
)C
)0
0r.
NJ
4--a
-fr
-hN
JN
JI-
)-
14-
-a)-
I-
NJ
I-
NJ
NJ
i.s
i-s
bb
bbciàocibci
00
0C
C00
CN
JU
)‘.0
NJ
I-
‘.0
‘.0‘.0
4.i
.00
coN
JN
Ji—
s0i
4--a
NJ
0..
O0
00
0U
)cC
-U
)C
UI
i-‘-
0N
J0
UI
0N
J4-
-i-
‘.0
0N
J4
is—
.JU
)N
J5J
0 I..) 00 a.)
0
0 C (I,
0 z CD 0 4-p
V
C ‘-4.
(D
m
0m
VS
.—
‘-4.
C-,.
m
(D c-i m 0 m 0 0 0 C)
C g 0) .<
o-c
U-I
U’
Ui
UI
VI-
4..
.U
)U
)U
)U
)U
)N
JN
JN
JN
JN
JN
JI-
4--a
i-C
C°C
C’.N
Nco
U0
WU
)U
)U
.)0
0N
JJ
i-‘.
0-
—J
00.
00
NJ
01
00
‘.0
C)
r..)
%J
-U
ico
‘.0
‘.0
‘.0
‘.0
U.).
.JQ
iI-
NJ
‘.0
CC
‘.0
-J0
0C
CN
J—
JU
)U
IV
iI-
00
I-s
U’
UI
UI
Vi
U’
NJ
V.)
0N
JC
Yi-
-JU
.)N.
.)U
)N—
)0
)4-
U’
U)
NJ
00
000
C)
S.).)
NJ
C)
‘0
DIS
CH
AR
GE
MO
NIT
OR
ING
RE
POR
T.(D
MR)
OM
aNc.
2D4Q
OO
$PE
RM
ITT
EE
NA
ME
)AD
DP0
65(n
cIude
Fat
yNar
ntoc
eMcn
ifD
,ffe
ren
NA
ME:
RU
IDO
SO.R
UID
OSO
DO
WN
SV
wW
TPA
DD
RE
SS:
313
CR
EE
ME
AD
OW
SD
RIV
ER
UID
OS
ON
M88
345
FA
CIU
TY
:R
U1D
OS
O-R
UID
OS
OD
OW
NS
WN
VP
LO
CA
TIO
N:
313
CE
EM
EA
DO
WS
DR
IVE
,R
UID
OSO
,N
M88
345
IN
M00291651
ATT
N;
Ran
dal
Cam
p,M
anog
e
PER
MiT
NU
MB
ERI
001.
8D
ISC
HA
RG
EN
UM
BE
R
FM
ON
ITO
RIN
GPE
RIO
D-
MM
IDD
IYY
YY
FRO
M09
1011
2011
[M
MIO
DIY
mTO
09/3
0120
11
DM
RM
aIlin
gZI
PC
OD
E:88
345
MA
JOR
S
TR
EA
TE
DM
UN
ICIP
AL
WA
STE
WA
TE
RE
xter
nal
Out
fall
No
Dis
char
gefE
PAR
AM
ET
ER
QU
AN
TITY
OR
LOA
DIN
GQ
UA
UT
’O
RC
ON
CE
NT
RA
TIO
NN
OFR
EQU
ENCI
SAM
PLE
VA
LUE
VA
LUE
UN
ITS
VA
LUE
VA
LUE
VA
LUE
UN
ITS
BO
D5-
.day
2Ode
gM
EA
SU
RE
ME
NT
32
01W
IIL
0/7
Zckc.
0031
01
0P
ER
MIT
076
bid
3045
rig/
LE
fflu
ent
Gro
ssR
EQ
UIR
EM
EN
T30
0AAV
G7
DA
AV
G30
0AA
VG
7DA
AV
GW
eekl
yC
OM
P$pH
ME
AS
UR
EM
EN
T70
7.Z
3L
.&1/
7(A
&00
400
10
PER
MIT
6.6
6.6
SUE
fflu
ent
Gro
ssR
EQ
UIR
EM
EN
TM
INIM
UMM
AX
IMU
MW
eakl
yG
RA
RS
ods,
tota
lsu
spen
ded
SAM
PLE
Ii
—I
IM
EA
SUR
EM
EN
T5
.t)j
c0.
LQ
.]4/L
Of-
iat
-ic09
530
10
PER
MIT
631
76
I?G
3045
mgl
LE
fflu
ent
Gro
ssR
EQ
UIR
EM
EN
T30
0AA
VG
7C
AA
VG
300A
AV
G7
CA
AV
G—
Wee
kly
CO
MP
4jo
n,to
tal
(as
N)
ME
ASU
RE
ME
NT
..—
‘)
S0
PER
MIT
S2
IbId
Sm
gIL
—O
CE
ve
2om
men
IsR
EQ
UIR
EM
EN
T30
0AA
VG
-30
0AA
VG
DAIL
YM
XW
eeks
CO
MP2
4N
itro
gen,
tota
l(a
sN
)-
SAM
PLE
IM
EA
SUR
EM
EN
T3Z
.O2.
-S3.
4../_
I(S
124
[IC.
00600T
0PE
RM
IT13
01Ib
/d6
61F
9/L
Once
Eer
y2
See
Com
men
tsR
EQ
UIR
EM
EN
T30
0AA
VG
300A
AV
GD
AIL
YM
XW
eeks
CO
MP2
4P
hosp
horu
sto
tal
(asP
)M
EA
SU
RE
ME
NT
13-
!b.d
oo
o9
/L
C‘/0
2c4
0066
51
0PE
RM
IT2.
2.I
id.1
ngIL
Eff
luen
tG
ross
RE
QU
IRE
ME
NT
300A
AV
G30
0AA
VG
DA
ILY
MX
Mon
thly
CO
MP2
4T
hall
ium
tota
l(a
sTI
)M
EA
SU
RE
ME
NT
‘(o
)(o
)L
(./L
1/
2L4 f
lc01
059
10
PE
RM
IT7
110
.67
16.3
edit
Eff
luen
tG
ross
RE
QU
IRE
ME
NT
300A
AV
G30
0AA
VG
DA
ILY
MX
Mon
thly
CO
MP2
4
TY
PED
OR
PRIN
TED
-
AU
THO
RIZ
EDA
GEN
TA
RC
d4U
NSE
Ri,M
0‘Y
YY
YC
0MM
Efl
SA
ND
EXPL
AN
ATI
ON
OF
AN
YV
IOLA
TIO
NS
(Re1
eent
eal
lat
tach
men
tsho
rs)
POST
-CO
NST
RU
CT
ION
EFF
LU
EN
TLI
MIT
SFR
OM
17JQ
l/201
TH
RO
UG
HTH
EEX
PIR
ATI
ON
DA
TEO
FT
HE
PER
MIT
.TO
TAL
NIT
RO
GEN
(006
00)
STI
13D
EG
RE
EC;
T=
TIG
RE
AT
EK
THA
NO
RE
0UL
TO
13D
EGR
EEC.
EPA
Fot
m33Z
04
(Rsv
.eII
eS)
Pente
us
ediH
ans
msy
8Clj
ed.
12/1
7120
10Pa
ge1
DIS
CH
AR
GE
MO
NIT
OR
ING
RE
POR
T(D
MR
)OM
SNG.
2O4D
-OOD
PERM
rrrEE
NA
ME/
AD
DR
ESS
Mth
oa
racW
tyN
amfL
Oca
IOn
ifL3
flfer
eniI
NA
ME
:R
UID
OSO
-RU
IDO
SOD
OW
NS
WW
AD
DR
ESS
:31
3C
RE
EM
EA
DO
WS
DR
IVE
RU
IDO
SO,
NM
8834
5FA
CIL
.ITY
:R
UID
OS
OR
UID
OS
OD
OW
NS
MN
TP
LO
CA
TIO
N:
313
CR
EE
ME
AD
OW
SD
RIV
E,
RU
IDO
SO,
NM
8S
45
AT
TN
:R
arid
alC
amp,taG
L00
1-B
IDIS
CH
AR
GE
NU
MB
ER
I
1M
ON
ITO
RIN
GPE
RiO
DM
M/D
DIY
YY
Y
_______________
MM
IDO
IYY
YY
JTO
0913
0120
11
DM
RM
aIlin
gZI
PC
OD
E:
8834
5M
AJO
RS
TR
EA
TE
DM
UN
ICIP
AL
WA
ST
EW
AT
ER
Ext
erna
lO
utfa
ll
PAR
AM
ET
ER
QU
AN
TIT
YO
RLO
AD
ING
QU
ALI
TYO
RC
ON
CE
NT
RA
TIO
N&
SE
VA
LUE
VA
LU
EU
NIT
$V
ALU
EV
ALU
EV
ALU
EU
NIT
SFl
owtn
cond
uit
orth
rutre
atm
entp
lant
-SA
MPL
E—
I—
“/
ME
ASU
RE
ME
NT
LAt
/oi.
z50
050
10
PER
MIT
Req.
Mon
Req
.M
onM
gal/d
Eff
luen
tG
ross
RE
QU
IRE
ME
NT
3DDA
AVG
7D
AA
VG
Con
tinuo
usTO
TALZ
Chl
orin
eto
tal
resi
duai
SAM
PLE
/‘
I—
/t
ME
ASU
RE
ME
NT
0j
L6J
/L12
41L
.(N
5006
0A
0PE
RM
IT19
dgfL
Dis
infe
ctio
n,P
roce
ssC
ompl
ete
RE
QU
IRE
ME
NT
INST
MA
(D
aly
GR
AB
EM
EA
SUR
EM
EN
T/
°/
°I1
1281
040
10
PER
MIT
126
410
CFIlO
Orn
itC
ross
RE
QU
IRE
ME
NT
0DA
VG
EO
DA
LYM
X•L
Wee
IyG
RA
S- r4J N
AM
EIT
LE
PRIN
CIP
AL
EXEC
UTI
VE
OFF
iCER
ATE
LEPH
ON
ED
AT
E
/C
OM
ME
NT
SA
ND
EXPL
AN
ATI
ON
OF
AN
YV
1OLA
TIO
NS
(Ref
eren
.eal
lat
tuhrn
onts
here
)PO
STC
ON
STR
UC
TIO
NE
PL
UE
NT
LIM
iTS
FR.O
M12
101/
2610
TH
RO
UG
HTH
EE
XPI
RA
TIO
ND
ATE
OF
THE
PER
MIT
TOTA
L.N
iTR
OG
EN6E
600)
STI
13D
EG
RE
EC.
T=
TIG
RE
.TE
RTi
-t,sN
OR
EQU
AL
TO13
DE
GR
EE
C
NM
0029
168
EP
ER
MIT
NU
MB
ER
I
FRO
MI
0910
1120
11N
oD
Lsc
haro
E1A
Form
3204
(Rev.1
/6P
ieviø
ua
edit
ione
ma
beoe
ed,
12/1
7/20
10P
a9e2
DIS
CH
AR
GE
MO
NIT
OR
ING
RE
PO
RT
(DM
R)
0MB
No.
2OO
.OO
O4
PER
MIT
TE
EN
AM
E1A
DD
ESS
(kC
k.de
FiI
ity
Nam
e4cd
’ton
fjf
fere
,)
NA
ME
:R
UJD
OS
OR
UID
OS
OD
OW
NS
VW
ITP
AD
DR
ES
S;
313
CR
EE
ME
AD
OW
SD
RIV
ER
UID
OSO
NM
8834
5
FA
CIl
iTY
:R
C)Q
SO
-RU
lDO
SO
DO
WN
SW
NT
PL
OC
AT
ION
:31
3C
RE
EM
EA
DO
WS
DR
IVE
RU
IDO
SO,
NM
8834
5
ATT
N:
Ran
dal
Cam
p,M
anog
or
NM
IDD
/YY
YY
MM
IDD
IYY
YY
FRO
M09
101/
2011
-TO
11/3
0/20
11
PAR
AM
ET
ER
QU
AN
TITY
OR
LO
AD
ING
QU
ALI
TYO
RC
ON
CE
NT
RA
TIO
NN
OFR
EQUE
NCY
SA
MP
LE
VA
LU
EV
AL
UE
UN
ITS
VA
LUE
VA
LUE
VA
LUE
UN
ITS
1M
EA
SUR
EM
EN
T(o
)lb
/cl
Co)
(o)
Jt
z’-
i’c.
1007
181
0PE
RM
ITR
eq.
Mon
.bi
dR
eq.
Mon
.R
eq.
Mon
.al
LII
ueM
Gro
ssR
EQ
UIR
EM
EN
T_i
AVG
OU
AA
VG
OA
flYM
X-
Qua
r1ey
COM
P24
4 c) CO
MM
ENTS
AN
DEX
PLA
NA
TtO
NO
FA
NY
VIO
LAR
ON
S(R
afor
enco
all
atta
chrn
ent
here
)
NM
0029
165
j00
1-C
PE
RM
ITN
UM
BE
RI
ID
ISC
HA
RG
EN
UM
BE
RI
1M
ON
ITO
RIN
GPE
RIO
D
DM
RM
aflin
gZI
PC
OD
E;
8834
5M
AJO
R$
QU
AR
TE
RL
YR
EPO
RT
ING
Ext
erna
lO
utfa
ll
No
Dis
char
geL
i
PA
Form
320-1
ev.0
M06
)F’
evio
uebd
BiO
r1m
aybe
ioed
.
1211
7/20
10
DIS
CH
AR
GE
MO
NIT
OR
ING
RE
POR
TD
MR
)O
UB
N.
PE
MIT
TE
EN
AM
EIA
0RE
SS
ncii
dci
uit
yN
anetcio
n:f
D!f
eren
$)
NA
ME:
RU
lDO
SOR
UlD
OSO
DO
WN
SV
NIT
PA
DD
RE
SS:
313
CR
EE
ME
AD
OW
SD
RIV
ER
U10030
NM
8834
5
FAC
ILIT
Y:
RU
:IO
OSO
RU
IDO
SOD
OW
NS
VJT
PL
OC
AT
ION
313
CR
EE
ME
AD
OW
SD
RIV
E,R
UID
OSO
,N
M88
345
ATT
N;
Ran
dal
Cam
p,
NM
0029
165
PER
MIT
NU
MB
ER
MM
IDD
IVY
YY
TO11
1301
2011
DM
RM
ailI
ngZI
PC
OD
E88
345
MA
JOR
S
QU
AR
TE
RL
YC
HR
ON
ICTO
XLC
ITV
-P
OS
T-C
Of
Ext
erna
lO
utfa
ll
No
Dls
charg
oJ
PAR
AM
ET
ER
QU
AN
TITY
OR
LOA
DIN
GQ
UA
LITY
OR
CO
NC
EN
TR
AT
ION
NO
FRE
QU
EN
CY
SAM
PLE
VA
LUE
VA
LUE
UN
ITS
VA
LUE
VA
LUE
VA
LUE
UN
ITS
Who
leef
flue
ntto
xici
tySA
MPL
E-
rr..
of
C)!
0—
ME
ASU
RE
ME
NT
X)
(b-
(oJo
q-2
2241
41
0PE
RM
IT60
60E
fflu
entG
ross
RE
QU
IRE
ME
NT
7DA
MIN
MO
AV
MN
Qua
rtei
lyC
OM
P24
Pass
IFaH
Sta
tre
Way
Chro
nic
SAM
PLE
.,
.....,
......
Cer
ioda
phni
aM
EA
SUR
EM
EN
T0
00
0L
tsz
4e/1
Uop
-NT
GP3
B1
0PE
RM
IT‘“
Req
.M
on—
Req
.M
onpa
ss’O
SaiI
—E
fflu
eniG
ross
RE
QU
IRE
ME
NT
7DA
MIN
MO
AV
MN
=1Q
uart
edy
CO
MP2
4P
ass/
Fai
lS
tatr
e7E
Jay
Chr
onic
SAM
PLE
,•,.,•
—
Pm
epha
Ies
Pre
mel
asM
EA
SUR
EM
EN
TC
)0
-a
ci(,
-z4
TG
P6C
10
PER
MIT
Req
.M
onR
eqpa
ssO
!fai
llE
fflue
ntG
ross
RE
QU
IRE
ME
NT
7DA
MIN
MO
AV
MN
-Q
UM
Cdy
CO
MP2
4;s
/Fai
IL
eth
Stat
reW
ayC
hron
icSA
MPL
E,.,
—I
aphn
iaM
EA
SUR
EM
EN
T0
00
ciiIIfV
(4
uf
241 1
0PE
RM
ITR
eqM
onR
eq.
Mon
psO
itail
......
.....i
tG
ross
RE
QU
IRE
ME
NT
7DA
MIN
MO
AVM
NV
Qar
ledy
CO
MP2
4LF
Pas
s/F
all
Leth
Sta
tre
7Oay
Chr
onc
SAM
PLE
Pim
epha
les
ME
ASU
RE
ME
NT
V
00
oTL
P6C
IU
PER
MIT
“••S
•
Req
.M
onR
eq.
Mon
pauw
faiI
IEf
fluen
tG
ross
RE
QU
IRE
ME
NT
V
V
7DA
MIN
MO
AVM
NV
V
Qua
liady
00M
P24
Noe
lL
etha
lS
tatr
e7D
ayC
hron
icSA
MPL
Eof
—
Cri
odap
hnia
ME
ASU
RE
ME
NT
(0-‘
/0(V
0V
uitt
1tT
OP
SE
10
PE
RM
IT““k
Req.
Mon
Req
.M
onV
Efflu
ent
Gro
ssR
EQ
UIR
EM
EN
T7
DA
MIN
MO
AV
MN
Dua
rted
yC
OM
P24
Noe
lL
etha
lS
tatr
eW
ayC
hron
SSA
MPL
E,-
ccl
oiP
irne
phal
esM
EA
SUR
EM
EN
T—
JoV
is°
TO
POC
10
PER
MIT
Req
.M
en,
Req
.M
an,
Eff
luen
tG
ross
RE
QU
IRE
ME
NT
V
VV
MO
AV
MN
-
Qua
ttaily
CO
MP2
4
NM
E/W
FL
EP
R1N
CA
LE
XE
CU
TN
E0
TYPE
DO
RPR
INTE
D
V
‘OR
ED
AG
ENT
-A
REA
Cod,LV
NU
MB
ERI.M
e0or
cc(y
CO
MM
EN
TS
AN
DEX
PLA
NA
TIO
NO
AN
YV
IOL
AT
ION
StR
efer
ene
allat
taeh
men
tN
ere)
(PA
SS0
FAIL
1)R
EPO
RT
PASS
AS’
S’O
RR
EPO
RT
RAIL
AS
‘1’IN
CO
NC
EN
TR
AT
ION
lAIN
,S
AV
G.
AQ
OV
E.PO
ST-C
ON
STR
UC
TIO
NTO
XIC
ITY
LIM
ITS
FRO
Mz1
0i)1
GTH
RO
UG
HTH
EEX
PIR
ATI
CN
DA
TEO
FTH
EPE
RM
IT.
TX1-
QD
ISC
HA
RG
EN
UM
BER
LM
ON
ITO
RIN
GPE
RIO
DV
j
MM
IDD
IYY
YY
--
FRO
M09
1011
2011
EPA
runE
l,Rev
,Om
e)?r
Cv1G
jC
’iti
OIf
lm
ayb
1211
7!ZO
1GP
age
1
OA
aNo
. 2O
O-O
OU
4PE
RM
ITT
EE
NA
MiD
RE
SSlb
wiu
deF
cili
tyN
ame/
Loca
$ion
f0iV
!ere
M)
DIS
CH
AR
GE
MO
NIT
OR
ING
RE
PO
RT
(DM
R)
NA
ME
:R
UID
OS
O-R
UID
OS
OD
OW
NS
tW1T
PA
DD
RE
SS
:31
3C
RE
EM
EA
DO
WS
DR
IVE
RU
IDO
SO
.N
M8345
FA
CIL
ITY
:R
UID
OS
OR
UID
QS
OD
OW
NS
WN
tPL
OC
AT
ION
;31
3C
RE
EM
EA
DO
WS
DR
IVE
,R
UID
OS
ON
M88
345
AT
Th:
Rar
xtal
Cam
p,M
rma(
jN
M00
2915
5[
xi-
aF
iRM
ITN
UM
BE
RD
ISC
HA
RG
EN
UM
BE
R]
IM
ON
ITO
RiN
GP
ER
IOD
MM
?DD
IYY
YY
FRO
M09
1011
2011
TO
1113
0120
11
DM
RM
aIlI
ngZI
PC
OD
E:
MA
JOR
$
8834
5
QU
AR
TE
RL
YC
HR
ON
ICTO
XIC
ITY
-P
OS
T-C
OEx
tern
alO
utfa
ll
No
Dls
charge
PA
RA
ME
TE
RQ
UA
NT
ITY
OR
LO
AD
ING
QU
AL
ITO
RC
ON
CE
NT
RA
TIO
NN
OFR
EQU
ENCY
SA
MP
LE
IV
AL
UE
VA
LU
EU
NIT
SV
AL
UE
VA
LU
EV
AL
UE
UN
ITS
Noe
lS
ub
Lth
Sla
tre
7Day
Chr
onic
SA
MP
LE
o‘i
Cer
iodap
hnia
ME
AS
UR
EM
EN
Tfo
(01
aQ
4.4
ZL1U
C.T
PP
3B1
0P
ER
MIT
Req
.Mon.,
Req
.M
on%
Efflu
entG
ross
RE
QU
IRE
ME
NT
—
7D
AM
INM
OA
VM
NQ
uarte
rlyC
OM
P24
Noe
lS
ub
Ith
Sta
tre
7Day
Chr
onic
SA
MP
LE
QA
7(2
A&7
01—
Pir
nep
hal
esM
EA
SU
RE
ME
NT
1’
(0)‘
(0a
Zsc—
TP
P6C
10
PE
RM
ITR
eq.
Mon
Req
.M
on.
Eff
luen
tG
ross
RE
QU
IRE
ME
NT
7D
AM
IIIM
OA
VM
NQ
uarte
rlyC
OM
P24
Coe
fO
fV
atS
tatr
elD
ayC
hron
icS
AM
PL
E-..,
.,...,
,.
c)j
....•.
vi
—11
-
Ceri
oahri
iaM
EA
SU
RE
ME
NT
“-‘?
Jo
1’7)
fo10
...f
tL1.C
10P
38
10
PE
RM
ITR
eq.
Mon
Req
.M
on.
Efflu
ent G
ross
RE
QU
iRE
ME
NT
DAM
INM
OA
VM
NQ
uarte
rlyC
OI.i
P24
)fV
rS
tatr
elD
ayC
hron
icS
AM
PL
E..•.
..,
/‘i
’r’)
2/
.i0/
...,..
Of
hal
esM
EA
SU
RE
ME
NT
(a1”
10J3
wa1
ZLH4
CC
10
PE
RM
ITR
eq.
Mon
Req
.M
on.
ciii
uen
tGro
ssR
EQ
UIR
EM
EN
T7D
AM
INM
OA
VM
NQ
uast
erly
CO
MP2
47.
Day
Chr
.C
erio
dph
(Let
hal
Eff
ects
)S
AM
PL
E,.-
-.*..
0/
—
ME
AS
UR
EM
EN
TI
00
j-T
XP
3B1
0P
ER
MIT
Req
.M
onR
eq.
Mon
.E
fflu
ent
Gro
ssR
EQ
UIR
EM
EN
T7
DAM
INM
OAV
MN
Oira
rteily
CO
MP2
47
Day
Chr
Prn
ephal
e(L
ethal
Eff
ects
)S
AM
PL
E0/
—
ME
AS
UR
EM
EN
T0
TX
P6C
10
PE
RM
ITR
eq.
Mon
.R
eq.
Non
,E
f1hje
nG
ross
RE
QU
IRE
ME
NT
7DA
MIN
MO
AV
MN
Qua
rterly
CO
MP2
47-
Day
Chr.
Cer
iodphn(S
ubL
ethaJ
SA
MP
LE
..•
..
Effe
ct)
ME
AS
UR
EM
EN
T(0
‘-‘
TV
P3B
10
PE
RM
ITR
eq.
Mon
.R
eq.
Mon
.Ef
fluen
t Gro
ssR
EQ
UIR
EM
EN
TD
AM
INM
DA
VM
NQ
uarte
rlyC
OM
P24
z-
NA
ME
ITIT
LE
PRIN
CIP
AL
EX
EC
UT
IVE
OFF
ICE
RI#
I/1/
1/
,‘//J—
y’7
_.)
TELE
PHO
NE
DA
TE
____________________________________________________________________
•tIh
uIe
0.
inro
rnu
ujn
.nhn’m
t.I
,u.3
,,’.
tnn
n.:
.’..I
utp.n.
e,
‘.tr
lnt.
n.J1.nn.rI.
2—
/
__________________________
-Z
-4i-
/o/
/i_’//
__________________________________
‘rn
-naI
GN
AT
UR
EO
FP
RIN
CIP
AL
EX
UT
IVE
OF
R/
‘1T
YP
ED
CR
PRIN
TE
OA
UTH
OR
IZED
AtE
NT
AA
Ct0
NU
MB
ER
tMW
NY
Yy
CO
MM
EN
TS
AN
DEX
PLA
NA
TIO
NO
AN
YV
IOL
AT
ION
S(R
efer
ence
aNat
fahm
ente
hUre
)N
Ot
-(P
ASS
0RA
IL)
RE
POR
TPA
SSA
S0’
CR
RE
POR
TFA
ILA
S1’
INC
ON
CEN
TRA
TIO
NM
IN.
&A
VG
.AEO
VE.
POST
-CO
NST
RU
CT
ION
TOX
ICIT
YLI
I.IIT
SFR
OM
2!O
11O
THR
OU
GH
THE
EXPI
RA
TIO
ND
ATE
OF
THE
PER
MIT
.E
PAF
orn
aO
-fR
ev,o
1rQ
EP
revI
ous
erliL
iQio
Bro
sybe
oC
t51
.
12/1
7/20
10Pa
ne2
DIS
CH
AR
GE
MO
NII
OR
1NG
RE
POR
T(D
MR
)‘-°°°°°
PER
Mrf
lEE
NA
ME/
AD
DR
ESS
1n,Y
udeac
Nam
M.o
cat/
iif
lDif
fere
iH)
NA
ME:
RIJ
IDO
SO-R
UID
OSO
DO
WN
SW
NT
PN
MO
O21
6[
TX
I-O
DM
RM
ailin
gZI
PC
OD
E:
8834
5A
DD
RE
SS
:31
3C
RE
:EM
EA
DO
WS
DR
IVE
PER
MIT
NU
MIc
HA
RG
EN
UM
8ER
MA
JOR
RU
IDO
SO,
NM
8834
5FA
CIL
ITY
:R
UID
OSO
-RU
IDO
SOD
OW
NS
WW
TP
MO
NIT
OR
ING
PER
IOD
QU
AR
TE
RL
YC
HR
ON
ICT
OX
ICIW
POST
-CO
DL
OC
AT
ION
;31
3C
RE
EM
EA
DO
WS
DR
IVE
,M
MID
D!Y
YY
YI
MM
IDD
JYY
YY
Exl
emal
Out
iatI
RU
IDO
SO.
NM
885
FRO
M09
101/
2011
TO
[11
/301
2011
No
DIs
charg
eD
AT
TN
:R
anda
lC
amp,
Mangr
PAR
AM
ET
ER
IQ
UA
NTI
TYO
RL
OA
DIN
GI
QU
ALI
TYO
RC
ON
CE
NT
RA
TIO
NSA
MPL
E
VA
LUE
VA
LUE
UN
ITS
VA
LUE
VA
LUE
VA
LUE
UN
ITS
7D
ayC
lii
Pm
epha
Ie(S
ubL
etha
lSA
MPL
E—
Efl
ect
ME
ASU
RE
ME
NT
IYP
6C1
0PE
RM
ITR
eq.
Mon
.R
eq. M
on.
%—
El1
1uer
IG
ross
RE
QU
IRE
ME
NT
7DA
MIN
MD
AV
MN
Our
terI
yCO
MP2
4
. a)
A
4S
AT
UR
EO
FP
RIN
GIP
AL
XE
GU
OR
7
tHD
ATE
TY
PED
OR
PRIN
TE
DA
UT
hOR
IZE
DA
GEN
T-
1AR
EA
a.)
NU
MB
ER
MD
O/Y
Y1Y
CO
MM
ENTS
AN
DEX
PLA
NA
TIO
NO
FAN
VV
IOLA
TIO
NS
lRef
eren
eal
lao
linen
she
re)
-tO
I-
Q.
(PA
SS=
0FA
IL=
1)R
EPO
RT
PASS
AS
0O
RR
EPO
RT
FAIL
AS‘
INC
ON
CEN
TRA
TIO
NM
IN.
&A
UG
.A
EDV
E.PO
ST-C
ON
STR
UC
TIO
NTO
XIC
1TY
LIM
IT5
FRO
M12Ji
/OTH
RO
UG
HT
hEEX
PIR
ATI
ON
GA
TEO
FTH
EPE
RM
IT.
PAF
om
32O
.1(R
.v,C
f6)
Prv
iot
iNs
iybe
used
.
12/1
7/20
10
Village of Ruidoso Water System Drought Contingency Plan
The Village is taking a 4 step approach to insuring that we can continue to deliver waterto our customers during a prolonged drought.
Success in continuing to deliver water during the drought is fullydependent upon public cooperation through conservation of limitedwater resources.
The Village will be taking the following measures to aid inConservation and Drought Awareness:
1. Conduct an intensive public education program based on water conservation anddrought related issues.
a. Engage the Chamber of Commerce, service clubs, hotels, restaurants andbusinesses in water conservation.
i. Provide information to motels and rental agencies to post in each roomor property.
ii. Encourage restaurants to offer water only on request and provideinformation in a format that can be placed on each table.
iii. Remind residents to WINTERIZE, especially those residents that arenot home on a regular basis and or! those second home residents thatare gone in the winter.
b. Use inserts to notify rate payers of drought contingency measures.c. Schedule presentations to the schools.
d. Provide news releases.
e. Talk on the radio.
2. Update ordinance language related to water conservation to give the Village clearauthority to limit water use when needed.
The Village will also take the following actions to insure infrastructurereliability and redundancy during the Drought:
3. Reestablish connections between the 3 primary delivery systems:a. Open valves that isolate the various zones.
47
b. Construct new connections between zones.
c. Install new or upgrade existing pressure regulating valves (PRV’s) to balancepressures between the zones.
4. Increase supply options:
a. Rehabilitate the Grindstone Reservoir raw water feed line to increase thecapability of capturing high flows in the Rio Ruidoso when they occur.
b. Rehabilitate or improve existing permitted wells to increase raw waterpumping rates.
c. Install a new raw water feed line from the Eagle Creek wells to the Alto WaterTreatment Plant (AWTP) in order to allow a higher raw water flow rate to theAWTP.
d. Rehabilitate existing potable water storage tanks that have been out ofservice for some time in order to inórease potable water storage (mid term).
e. Replace potable water with reclaimed water for turf irrigation (long term).f. Develop alternative sources of water to fill Grindstone Reservoir (long term).
Failure is not an option. We ask the Public’s support in successfullynavigating the Drought!
We would like to request that Part-Time residents turn off their water
when they leave for the winter in order to prevent a possible repeat of
the freeze of 2011. Also, any full time residents that will be gone over
the holidays, we recommend they shut off their water at their valve.
We do not want to waste water on unnecessary leaks.
48
eservants.P.O. Box 1723
Ruidoso NM 88355-1723505-808-1204
ecoservants.org
EcoServants would very much like to present our new program to the Village of
Ruidoso City Council on November 8th We have hired 8 young people for our
EcoRangers Program. This is an AmeriCorps project that will run 1 lmonths to fulfill
1,700 hours of service to our community. Their pay is quite small but they will receive a
scholarship over $5,000 at the end of their service.
This crew is afready planning an event on December 3’”to help improve the Skate
Park and create a local community volunteer group. Attached is the EcoRangers press
release that will better explain their goals.
Our presentation is in order to introduce these young people to you and our
community. We are not asking for any money or extra time from the cities resources, just
want to show that we are here and ready to make a difference.
Thanks for your Help!
Stephen Carter
Executive Director
EcoServants
49
ecoservants.P.O. Box 1723
Ruidoso NM 883 55-1723505-808-1204
ecoservants.org
EcoServants is a small non-profit organization based in Ruidoso, New Mexico.EcoServants has helped the U.S. Forest Service, Village of Ruioso and the BLM withrecreational trail building and restoration, provided education programs to grades 7-12,and helped numerous young people in the community through work experience andscholarships. To continue this mission, EcoRangers, a year long AmeriCorps communityoutreach program, will directly engage the community through services towards a moresustainable future. Many new and ongoing projects are in progress including improvinglocal parks, recycling programs, developing youth education, promoting eco-tourism, andvolunteering with White Mountain Search and Rescue.
Hi I am Nathaniel Mays from Ruidoso, NM. I have been a part of this communityfor some years, helping with land restoration, environmental restoration, and promotingecotourism within the community. I feel encouraged by the progress seen in thecommunity first hand, and this is also my reason for joining.
Alvin Smith from Chicago, IL. I joined this AmeriCorps program to get hands onexperience working with environmental issues and helping with communitydevelopment. I am excited to be joining this community and look forward to theoncoming year.
My name is Robert M. Eldred. I have lived in Ruidoso and the surrounding areasfor 12 years, helping local school projects throughout those years. I joined Eco-Rangersto work with the youth towards a positive outcome and give to the community.
My name is Shilaquay Carbajal; I’ve been living here in Ruidoso NM for most ofmy life. I am well known in this community and I would like to help and interact morewithin the community to bring it closer together and build a more sustainable future.
My name is Casey Stephenson and I’m from Bayfield, Colorado. I joinedAmeriCorps because I wanted to help protect the environment and gain experience inconservation work. I’m excited to be a part of this community and to see the work wecan accomplish this year.
Nicholas Giusti, been living in Ruidoso, NM since 2006 and graduated fromRuidoso High. I joined EcoServants and this AmeriCorps program seeing it is as the clearway to take direct action in serving the community.
My name is Tyler Jones and I have lived and been a part of the Ruidosocommunity for over 20 years. I joined AmeriCorps to become part of a program that willdirectly affect my own conununity in a positive way.
Molly Heuss from Hooksett, NH. Interested in a year of service with a group thatcombines natural resources and community outreach.
We wish to accomplish these goals using the talents and hopes of our owncommunity.
50
Item Summary:
Consent ItemX Public Hearing
Regular ItemBoard and Commission AppointmentsInformationalWorkshop Item
Items valued at $50,000.00 or greater mustbe placed as a regular item
The New Mexico Municipal League has recommended a modification to the language inthe Uniform Traffic Ordinance.
Fund: Line Budceted AvailableItem: Amount: Balance:
No direct financial impact.
Item Discussion:
The proposed change is a correction to the verbiage in a section of the UTO.
Recommendations:
Adopt the proposed ordinance.
EAGENDA MEMORANDUMS, ALONG WITH BACK.UP DOCUMENTATION, ARE DUE IN THE VILLAGE CLERK’S OFFICE BY 8:30 AM ONWEDNESDAY PRIOR TO THE PRE.AGENDA MEETING FOR THE CORRESPONDING COUNCIL MEETING (PER COUNCIL’S ADOPTEDRESOLUTION #20 1.02). ,
THIS AGEJflA 0 NIIM WAS RFCEIVED IN THE VILLAGE CLERK’S OFFICE ON:f/f BY:
_________
DATE AND Té,E INITIALS
AGENDA MEMORANDUM
Village of RuidosoRtIIDOSQ
1i’To: Mayor Alborn and
Cou nci lors
Presenter: Joe MagillPolice Chief
Meeting Date: November 8, 2011
Re: Conduct a Public Hearing on November 8, 2011 to consider adoptionof Ordinance 2011-17 amending the Village of Ruidoso MunicipalCode of Ordinances Chapter 12 Uniform Traffic Ordinance, specificallySection 12-1-2.1 Access Aisle.
(Revised 1/11/11)
51
_AL VILLAGE OF RUIDOSO=RuIDOSo 313 Cree Meadows Drive RUIDOSO
Rudoso, NM 88345(877)700-4343 or (575)258-4343; Fax (575)258-5361
PRE-AGENDA ITEM CHECKLIST
Pc) J— Items for Village Manager’s Report must be turned in to the Deputy Manager by 5:00
p.m. on Friday prior to the pre-agenda meeting.
_____
Legal Review Completed (if applicable).
,&.) /4 Completed Task Order (All task orders for legal review must be approved by
Village Manager.
Received Finalized Document and/or Legal Written Opinion
V Agena-Memorandum Completed.
_____
Finalized Document Attached (i.e. Ordinances, Resolutions,
Agreements/Contracts).
_____
Back-up Documentation Attached*.
_____
All provided documents must be 8%” x 11”, unless it is impossible to do so.
/
_____
Above items have been complied with and provided to the Village Clerk’s Office on or
before 5:00 p.m. on Monday prior to the pre-agenda meeting.
*Back..up Documentation could be, but is not limited to, any of the following corresponding items:
• For renewal and/or amended agreements/contracts, copies of all previous
agreements/contracts or any other information pertaining to the document being
presented. For Agreements/Contracts, 2 originals must be submitted.
• Any and all maps, charts, spreadsheets, and/or previous minutes pertaining to the
document being presented.
[F YOU HAVE ANY QUESTIONS, PLEASE CONTACT:[rma Devine, CMC Bertha Randolph, CMCV[unicipal Clerk Deputy ClerklrrnaDevine@ruidoso-nm . gov BerthaRandolph@ruidoso-nm .gov
‘hone Ext. 1002 Phone Ext. 1003
:Issued Date: 7/16/10)
52
VILLAGE OF RUIDOSOORDINANCE 2011-17
AN ORDINANCE AMENDING THE VILLAGE OF RUIDOSOMUNICIPAL CODE OF ORDINANCES CHAPTER 12 UNIFORMTRAFFIC ORDINANCE, SPECIFICALLY SECTION 12-1-2.1ACCESS AISLE.
Whereas, the New Mexico Municipal League has provided a recommended amendment to theUniform Traffic Ordinance.
NOW, THEREFORE BE IT ORDAINED BY THE GOVERNING BODY OF THE VILLAGE OFRUIDOSO THAT Chapter 12 Uniform Traffic Ordinance, Section 12-1-2.1 Access Aisle ishereby amended by the addition of new text and modification of existing text as follows:
New Text is Underlined Deleted Text is Struck-out
Sec. 12-1. - Adoption by reference; modifications.The 2010 Compilation of the New Mexico Uniform Traffic Ordinance, comprising Sections 12-1-1 through 12-13-6 inclusive, and all changes through July 1, 2010, are herewith adopted byreference, pursuant to Section 3-17-6 NMSA 1978 with the following modifications:(1) No change.(2) No change.(3) No change.(4) No change.(5) No change.(6) No change.(7) No change.(8) No change.(9) 12-1-2.1 Access Aisle. “Access Aisle” means a space designed to allow a person with a
significant mobility limitation to safely exit and enter a motor vehicle that is immediately adjacentto a designated parking space for persons with significant mobility limitations and that may becommon to two such parking spaces of at least sixty inches in width or, if the parking space isdesignated for van accessibility, ninety-six inches in width, and clearly marked and maintainedwith blue striping, and after January 1, 2011 the words “NO PARKING” in capital letters, each ofwhich shall be at least one foot high and at least two inches wide, placed at the rear of theparking spaceaccess aisle so as to be close to where an adjacent vehicle’s rear tires would beplaced (66-1-4.1 NMSA 1978).
Passed, Approved and Adopted this 8th Day of November, 2011.
Gus Raymond Alborn, Mayor
SEAL
ATTEST:
Irma Devine, Village Clerk
53
c•*;•’ 4’ .j):XWak r. •v.;:;r,• :c• ...
... tr.c”ti-v v -,.ç. .‘ ;ñ’;. tcj’.”’
,4 71.e i, •1
:-P.Ibk.t
_• t9ç ;• .:Øt .i:.4tcJ)t) ... J ‘J t:: —‘ t3.. ., :.“... • ..4’tt PtY*:• . inS’%t nØ;d
El W (4fl’%•
.Jj 4pr flnt -La , c r4 :‘
- .y Ø4fl(3t - -
• b 1%- b fln a a
t
- I I4:,I.
t — I
S -
• •• • • •• •• • • • •• • ••••••• •• • •.t::•:• •
—
0...t’• ••iJ • •. •..• . •. %
;: .••;;•
:..- 44) •m-i .fl .t)LS. .:..r .t’-k•i’..; ‘i:pi:.3: •...•f 13 .t’.ç: •:• i443;
a scyEL Øt4flçr ;. 4 ‘. 1. r’ •-: :.•• s,: :.44.niç’> ‘
:.:‘..*y, .t..-t • .;s:.. •,,.4s.eat.*;• . %ikq4-iMQ.-.-4 :-‘i. •tt, I Mth&en4 • Its ( 3. .*4n ,!1%1
:‘:.w.• .u. .G... 3.4çt jq •4*41Jfrj4ttQn:..ç
:wb. i 4swvqt
• • J. •.••• •
••.
• .••..• :-:•: •1 •
:..: .•
a?’, t•...
•.
C:
54
AGENDA MEMORANDUM
To: Councilors
Village of Ruidoso
Presenter: Mayor Ray Alborn
Meeting Date: November 8, 2011
Re: Adoption of Resolution 2011- 32, A ResolutionSupporting The Filing Of An Application To NewMexico Department Of Transportation For FundingAssistance For Lincoln County Transit ForFY 2012-2013
Item Summary: Adoption of Resolution 2011-32, a Resolution Supporting The Filing Of AnApplication To New Mexico Department Of Transportation For Funding Assistance For LincolnCounty Transit For FY 2012-2013
Item Discussion: The funding grant will cover the expenses of the transportation programwith a reimbursement of administrative cost at 80% and operational cost at 50%. The NMDOTwill provide partial funds to the City of Ruidoso Downs to cover expenses of the program asdescribed below.
The Resolution of Support is required by the 5311 Grant to show that the Village of Ruidoso isin support of continuing Public Transportation for the Fiscal Year 2012-2013.
5311 PROGRAM REQUESTED FEDERAL LOCAL MATCHAdministration (80/20) $118,217.85 $94,574.31 $ 23,643.57
Operating (50/50) $ 144,681.84 $ $ 72,340.9272,340.92
*Capital (80/20) $ 38,273.71 $ $ 7,654.7430,618.97
TOTAL $301,173.40 $197,534.20 $ 103,639.23
Recommendations: That Council approve the Resolution as presented.
AGENDA MEMORANDUMS, ALONG WITH BACK.UP DOCUMENTATION, ARE DUE IN THE VILLAGE CLERK’S OFFICE BY 8:30 AM. ONWEDNESDA PRI R TO THE CORRESPONDING MEETING (PER COUNCIL’S ADOPTED RESOLUTIOJP#i (.02rH)y4)5P/RA W VILLAGE CLERK’S OFFK?N:__INALS
(Revised 1/11/11)
= RUIDOSO
“*‘
— Consent Item— Public Hearing
Regular Item— Board and CommIssion Appointments
InformationalWorkshop Item
Items valued greater than $50,000.00 must beplaced as a regular item.
55
jilt. VILLAGE OF RUIDOSO313 Cree Meadows Drwe =EI1Iooso
Ruidoso, NM 88345(877)700-4343 or (575)258-4343; Fax (575)258-5361
PRE-AGENDA ITEM CHECKLIST
Items for Village Manager’s Report must be turned in to the Deputy Manager by 5:00
p.m. on Friday prior to the pre-agenda meeting.
Legal Review Completed (if applicable).
_____
Completed Task Order (All task orders for legal review must be approved by
Village Manager.
_____
Received Finalized Document and/or Legal Written Opinion
/ Agenda Memorandum Completed.
_____
Finalized Document Attached (i.e. Ordinances, Resolutions,
Agreements/Contracts).
_____
Back-up Documentation Attached*.
V All provided documents must be 84” x 11”, unless it is impossible to do so.
Above items have been complied with and provided to the Village Clerk’s Office on or
before 5:00 p.m. on Monday prior to the pre-agenda meeting.
*Back..up Documentation could be but is not limited to, any of the following corresponding items:
• For renewal and/or amended agreements/contracts, copies of all previous
agreements/contracts or any other information pertaining to the document being
presented. or Agreements/Contracts, 2 originals must be suhmtted.
• Any and all maps, charts, spreadsheets, and/or previous minutes pertaining to the
document being presented.
IF YOU NAVE ANY QUESTIONS, PLEASE CONTACT:Irma Devine, CMC Bertha Randolph, CMCMunicipal Clerk Deputy Clerk
Phone Ext. 1002 Phone Ext. 1003
(Issued Date: 7/16/10)
56
VILLAGE OF RUIDOSORESOLUTION 2011-32
SUPPORTING THE FILING OF AN APPLICATIONTO NEW MEXICO DEPARTMENT
OF TRANSPORTATIONFOR FUNDING ASSISTANCE FOR FY 2012-2013
WHEREAS, the State of New Mexico received federal funding through the NewMexico Department of Transportation (NMDOT) from the Federal Transit Administration(FTA) under 49 U.S.C. 5311; and
WHEREAS, the New Mexico Department of Transportation authorized toadminister this program and provide funding assistance for local transportationprograms; and
WHEREAS, the Village of Ruidoso desires to continue transportation servicesand providing additional services as needed by residents of Lincoln County; and
WHEREAS, the Village of Ruidoso supports this program and supportsapplication for federal funding.
THEREFORE, BE IT RESOLVED BY THE GOVERNING BODY OF THEVILLAGE OF RUIDOSO, New Mexico that the filing of an application to the New MexicoHighway and Transportation Department for funding assistance for the continuation of alocal supplemental public transportation program for Fiscal Year 2012-2013, isauthorized. The Mayor is hereby authorized to act as the representative of the Villageof Ruidoso in the support of this program.
PASSED, ADOPTED, AND APPROVED this 8l day of November, 2011.
Gus Raymond Alborn, Mayor
SEALATTEST:
Irma Devine, Village Clerk
57
58
_L AGENDA MEMORANDUMRtIiOSO
Village of Ruidoso
TO: Mayor Alborn andCouncilors
ent Item
FROM: Nancy Klingman, .1(111— Board and Commission Appointments
Chns Muirhead,— Informational
Modrall, Sperling,— Workshop Item
Roehl, Harris & Sisk, P.A. Items valued at $50,000.00 or greater must beLaw Firm placed as a regular item.
Meeting Date: November 8, 2011
Re: Discussion and Possible Action on Adoption of Resolution 2011-33,Relating to the Village of Ruidoso, New Mexico Water SystemImprovement Revenue Bonds, Series 2011; Establishing the ExactAggregate Principal Amount of the Bonds of $570,000, MaturityDates, Rates of Interest, Redemption Features and Price withRespect to Such Bonds in Accordance with Village Ordinance No.2011-12 Adopted on September 27, 2011; Approving DocumentsRelating to the Bonds; and Ratifying Action Previously Taken inConnection Therewith.
Item Summary:
Attached is Sale Resolution 2011-33 that will finalize the sale of the Village’s WaterSystem Revenue Bonds issued to pay-off the Capitan water rights.
Fund: Utilities Line $108,635 @ Budgeted Amount: Purchase PriceItem: 10% interest Annual Payment $570,000502- $108,6354211- $70,00055002 3.2% interest
Item Discussion:
This Sale Resolution is presented pursuant to the Bond Ordinance in order to approvethe terms, sale price and other matters with respect to the Bonds. As previously stated,Capital One Public Funding has agreed to purchase the Bonds at the purchase price of$570,000 and has presented a final Bond Purchase Agreement setting out the terms
59
and conditions. The attached Resolution provides for those provisions.
Mr. Chris Muirhead will be present at the November 8 meeting to answer any questionsregarding this transaction and to execute the closing documents.
Recommendations:
Adopt Resolution 2011-33, Relating to the Village of Ruidoso, New Mexico WaterSystem Improvement Revenue Bonds, Series 2011; Establishing the Exact AggregatePrincipal Amount of the Bonds of $570,000, Maturity Dates, Rates of Interest,Redemption Features and Price with Respect to Such Bonds in Accordance with VillageOrdinance No. 2011-12 Adopted on September 27, 2011; Approving DocumentsRelating to the Bonds; and Ratifying Action Previously Taken in Connection Therewith.
AGENDA MEMORANDUMS, ALONG WITH BACK-UP DOCUMENTATION, ARE DUE IN THE VILLAGE CLERK’S OFFICEBY 8:30 A.M. ON WEDNESDAY PRIOR TO THE CORRESPONDING MEETING (PER COUNCIL’S ADOPTED RESOLUTION
VILLAGE CLERK’S OFFICEON
60
jI VILLAGEOFRUIDOSO=RUIDOSO 313 Cree Meadows Drive =IZU!DQSO=
Ruidoso, NM 88345(877)700-4343 or (575)258-4343; Fax (575)258-5361
PRE-AGENDA ITEM CHECKLIST
/iJJ Items for Village Manager’s Report must be turned in to the Deputy Manager by 5:00
p.m. on Friday prior to the pre-agenda meeting.
Legal Review Completed (if applicable). frXL-ecL
pJ )4. Completed Task Order (All task orders for legal review must be approved by
Village Manager.
Received Finalized Document and/or Legal Written Opinion
Agenda Memorandum Completed.
_____
Finalized Document Attached (i.e. Ordinances, Resolutions,
Agreements/Contracts).
Back-up Documentation Attached*.
All provided documents must be 86” x 11”, unless it is impossible to do so.
Above items have been complied with and provided to the Village Clerk’s Office on or
before 5:00 p.m. on Monday prior to the pre-agenda meeting.
*Back_up Documentation could be, but is not limited to, any of the following corresponding items:
• For renewal and/or amended agreements/contracts, copies of all previous
agreements/contracts or any other information pertaining to the document being
presented. For Agreements/Contracts, 2 originals must be submitted.
• Any and all maps, charts, spreadsheets, and/or previous minutes pertaining to the
document being presented.
YOU RAVE ANY QUESTIONS, PLEASE CONTACT:ma Devine, CMC Bertha RandoLph, CMCunicipal Clerk Deputy ClerknaDevmne@;ruidoso-nm.gy BerthaRandoIphruIdoso-nm.gov
one Ext. 1002 Phone Ext. 1003
sued Date: 7/16/10)
61
62
VILLAGE OF RUIDOSO, NEW MEXICORESOLUTION NO. 2011-33
RELATING TO THE VILLAGE OF RUIDOSO, NEW MEXICO WATER SYSTEMIMPROVEMENT REVENUE BONDS, SERIES 2011; ESTABLISHING THE EXACTAGGREGATE PRINCIPAL AMOINT OF THE BONDS OF $570,000, MATURITY DATES,RATES OF INTEREST, REDEMPTION FEATURES AND PRICE WITH RESPECT TOSUCH BONDS IN ACCORDANCE WITH VILLAGE ORDINANCE NO. 2011-12 ADOPTEDON SEPTEMBER 27, 2011; APPROVING DOCUMENTS RELATING TO THE BONDS;AND RATIFYING ACTION PREVIOUSLY TAKEN IN CONNECTION THEREWITH.
WHEREAS, unless otherwise defined in this Resolution (hereinafter the “SaleResolution”) or the context requires otherwise, capitalized terms in this Sale Resolution have thesame meaning assigned to those terms in Section 1 of Village Ordinance No. 2011-12 (the “BondOrdinance” and together with the Sale Resolution, the “Bond Legislation”) adopted by theVillage Council (the “Council”) on September 27, 2011; and
WHEREAS, the Sale Resolution is adopted pursuant to the Bond Ordinance in order toapprove the terms, sale price and other matters with respect to the Bonds; and
WHEREAS, the Council has adopted the Ordinance which authorizes the issuance of theBonds and provides for the adoption of the Sale Resolution by the Council to approve specifictenns and documents relating to the issuance, delivery, sale and administration of the Bonds, andthe Sale Resolution is adopted by the Council for those purposes; and
WHEREAS, it is in the best interests of the Village to sell the Bonds to the Purchaserupon the terms as set forth in the Bond Legislation and the Bond Purchase Agreement; and
WHEREAS, Capital One Public Funding, LLC has agreed to purchase the Bonds at apurchase price of $570,000 and has presented a final Bond Purchase Agreement to the Councilsetting out the terms with respect to the purchase and sale of the Bonds for approval by theCouncil in connection with adoption of this Sale Resolution; and
WHEREAS, the Bond Purchase Agreement is on deposit with the Village and arepresented to the Council; and
WHEREAS, all required authorizations, consents and approvals of any governmentalbody, agency or authority in connection with (i) the use and pledge of the Net Revenues for thepayment of the Bonds, and (ii) the authorization, execution and delivery of the Bonds, which arerequired to have been obtained by the date on which the Sale Resolution is adopted have been orwill have been obtained;
63
BE IT RESOLVED BY THE COUNCIL, THE GOVERNING BODY OF THEVILLAGE OF RUIDOSO, NEW MEXICO:
Section 1. Ratification of Prior Actions and Awarding the Bonds. All actionpreviously taken (not inconsistent with the provisions of this Sale Resolution or the BondOrdinance) by the Council and the officers of the Village, directed toward the authorization,pledge, collection and distribution of the Net Revenues and the authorization, issuance and saleof the Bonds is ratified, approved and confirmed, and the Bonds are awarded to Capital OnePublic Funding, LLC, at the interest rates as described below:
SERIES 2011 MATURITY SCHEDULE
MATURITY(JUNE 1) PRINCIPAL INTEREST
2012 $70,000 3.20%2013 75,000 3.20%2014 80,000 3.20%2015 80,000 3.20%2016 85,000 3.20%2017 90,000 3.20%2018 90,000 3.20%
Section 2. Findings. The Council declares that it has considered all relevantinformation and data and makes the following findings:
A. The issuance of the Bonds under the Act to provide funds for the Project isnecessary and in the interest of the public health, safety, morals and welfare of the residents ofthe Village.
B. The net effective interest rate of 3.20% on the Bonds is reasonable underexisting and anticipated bond market conditions.
C. The Village will complete the Project with the proceeds of the Bondstogether with other funds of the Village.
D. It is economically feasible to defray, in part, the cost of the Project by theissuance of the Bonds.
Section 3. Bond Details.
A. Principal Amount. The Bonds shall be issued in one series in theaggregate principal amount of $570,000 to provide funds, together with other available funds ofthe Village, if any, to finance the Project and to pay Expenses relating to the issuance of theBonds.
64
B. Series Date; Registration. The Bonds shall be dated as of the date oforiginal issuance and delivery (the “Series Date”), and shall be issued in fully registered formonly, without coupons, and when issued will be registered in the name of Capital One PublicFunding, LLC, as registered owner of the Bonds, all as provided in the Bond Ordinance.
C. Interest Payment Date; Interest Rates; Maturities; Price. The Bonds shallbear interest, payable on June 1 and December 1 of each year beginning June 1, 2012 (the“Interest Payment Date”). The interest rates on the Bonds shall be the rates provided in Section1 herein. The final maturity of Bonds shall be June 1, 2018.
D. Record Date. The Record Date shall be the 15th day of the calendarmonth preceding each scheduled Interest Payment Date.
E. Optional Redemption. The Bonds shall not be subject to optionalredemption prior to maturity.
Section 4. Parameters of Resolution. The net effective interest rate on the Bonds isless than 12% per annum. The maturity dates of the Bonds do not exceed fifty years. All otherterms and conditions relating to the Bonds and the sale of the Bonds to the Purchaser set forth inthis Sale Resolution are within the parameters established by the Bond Ordinance.
Section 5. Accounts and Funds. The Village shall establish such Funds andAccounts as required by the Bond Ordinance and the net proceeds from the sale of the Bondsshall be deposited or used as follows:
A. The accrued interest of $-0- received on the date of delivery of the Bondsshall be deposited into the Bond Fund.
B. $570,000 shall be deposited in the Acquisition Fund for the Project.
Section 6. Approval and Use of Documents. The form, terms and provisions of theBond Purchase Agreement is on file with the Village Clerk and presented to the Council isratified and approved. The Mayor is authorized and directed to execute and the Village Clerk isauthorized and directed to affix the seal of the Village to and attest where applicable, the BondPurchase Agreement in substantially the form presented at this meeting, or with such changestherein as are not inconsistent with the Bond Legislation and as shall be approved by the Mayor,his execution thereof to constitute conclusive evidence of his approval of any and all changes orrevisions thereof from the form presented to the Council. The officers of the Village, includingwithout limitation, the Mayor, Manager and Clerk be, and they hereby are, authorized anddirected to take all action necessary or appropriate to effectuate the provisions of this SaleResolution, including, without limiting the generality of the foregoing, the distribution ofmaterial relating to the Bonds, the printing of the Bonds, and the execution of the Bond PurchaseAgreement and such other certificates as may be required by the Purchaser or bond counsel.
Section 7. Sale of the Bonds. The Bonds are hereby sold to Capital One PublicFinance, LLC, in accordance with the Bond Purchase Agreement at the total purchase price forthe Bonds as set forth in the preambles of this Sale Resolution.
65
Section 8. Bond Ordinance. Except with respect to the terms set forth in this SaleResolution, the Bonds are governed by the Bond Ordinance. In the event of any conflict in theterms of this Sale Resolution and Bond Ordinance, the terms of the Bond Ordinance shallprevail. The adoption of this Resolution, and all procedures undertaken incident thereto, are infull compliance and conformity with all applicable requirements, provisions and limitationsprescribed by the Constitution and laws of the state of New Mexico.
Section 9. Repealer Clause. All bylaws, orders and resolutions, or parts thereof,inconsistent with this Sale Resolution are repealed to the extent of such inconsistency. Thisrepealer shall not be construed to revive any bylaw, order or resolution, or part thereofpreviously repealed.
Section 10. Effective Date and Publication. This Sale Resolution shall be in full forceand effect immediately upon adoption and approval by the Council and its execution andapproval by the Mayor. A title and general summary of the subject matter contained in this SaleResolution shall be published in substantially the following form after adoption of this SaleResolution.
[Form of Summary of Sale Resolution for Publication]
Village of Ruidoso, New Mexico
Notice of Adoption of Sale Resolution
Notice is hereby given of the title and of a general summary of the subject mattercontained in Village Resolution No. 570,000 duly adopted and approved by the Ruidoso VillageCouncil on November 8, 2011, relating to the details of the Village’s Water System ImprovementRevenue Bonds, Series 2011 as authorized pursuant to its Ordinance No. 201 1-12 duly adoptedby the Council on September 27, 2011. Complete copies of the Sale Resolution are available forpublic inspection during the normal and regular business hours of the Village Clerk, 313 CreeMeadows Drive, Ruidoso, New Mexico.
The title of the Resolution is:
RELATING TO THE VILLAGE OF RUIDOSO, NEW MEXICO WATER SYSTEMIMPROVEMENT REVENUE BONDS, SERIES 2011; ESTABLISHING THE EXACTAGGREGATE PRINCIPAL AMOUNT OF THE BONDS OF $570,000, MATURITY DATES,RATES OF INTEREST, REDEMPTION FEATURES AND PRICE WITH RESPECT TOSUCH BONDS IN ACCORDANCE WITH VILLAGE ORDINANCE NO. 2011-12 ADOPTEDON SEPTEMBER 27, 2011; APPROVING DOCUMENTS RELATING TO THE BONDS;AND RATIFYING ACTION PREVIOUSLY TAKEN IN CONNECTION THEREWITH.
The title sets forth a general summary of the subject matter contained in the Resolution.
[End of Form of Summary for Publication]
66
PASSED, APPROVED, AND ADOPTED this 8th day of November, 2011.
VILLAGE OF RUIDOSO, NEW MEXICO
[SEAL] By_____________________Gus Raymond Alborn. Mayor
ATTEST:
By___________________Irma Devine, Village Clerk
67
Councilor moved adoption of the foregoing resolution, duly seconded byCouncilor
The motion to adopt said resolution, upon being put to a vote, was passed and adopted onthe following recorded vote:
Those Voting Aye:
Those Voting Nay:
Those Absent:
_____
() Councilors having voted in favor of said motion, the Mayor declared saidmotion carried and said ordinance adopted, whereupon the Mayor and Village Clerk signed theordinance upon the records of the minutes of the Council.
68
After consideration of the matters not relating to the resolution, the meeting on motionduly made, seconded and unanimously carried, was adjourned.
VILLAGE OF RUIDOSO, NEW MEXICO
[SEAL] By____________________________Gus Raymond Alborn, Mayor
ATTEST:
By_______________________Irma Devine, Village Clerk
-7
69
STATE OF NEW MEXICO )
COUNTY OF LINCOLN ) ss.
VILLAGE OF RUIDOSO )
I, Irma Devine, the duly qualified and acting Clerk of Ruidoso, New Mexico (the“Village”), do hereby certify:
I. The foregoing pages are a true, perfect, and complete copy of the record of theproceedings of the Council of the Village (the “Council”), constituting the governing board ofthe Village, had and taken at a duly called, open, regular meeting held in the Village Hall, 313Cree Meadows Drive, Ruidoso, New Mexico, on November 8, 2011, at the hour of 3:00 p.m.insofar as the same relate to the proposed bond issue, a copy of which is set forth in the officialrecords of the proceedings of the Village kept in my office. None of the action taken has beenrescinded, repealed, or modified.
2. Said proceedings were duly had and taken as therein shown, the meeting thereinwas duly held, and the persons therein named were present at said meeting, as therein shown.
3. Notice of said meeting was given by publishing the notice in a newspaper ingeneral circulation within the Village. Such notice constitutes compliance with one of thepermitted methods of giving notice of regular meetings of the Council as required by the openmeetings standards presently in effect.
IN WITNESS WHEREOF, I have hereunto set my hand this 15th day of November, 2011.
Irma Devine, Village Clerk
[SEAL]
K:’dox’client\74435\1 17\W1578679DOC
70
Consent ItemTo: Mayor Alborn and Public HearingCouncilors X Regular ItemBoard and Commission Appointments
Presenter: Nancy Klingman InformationalFinance Director Workshop Item
Items valued at $50,000.00 or greater mustMeeting Date: November 8, 2011 be placed as a regular tern
Re: Discussion and Possible Action on Adoption of Resolution 2011-34, aResolution to Adopt the Fund Balance Policy of the Village of Ruidoso.
Item Summary:
To adopt the Fund Balance Policy of the Village of Ruidoso.
Fund: NA LJ NA Budgeted $NA Available NAItem: Amount: Balance:
Item Discussion:
The Governmental Accounting Standards Board (GASB) has approved GASBStatement 54, which is effective for fiscal year 2011. GASB Statement 54 provides forclearly defined and uniform fund balance categories, specifies the appropriate use ofthe various governmental funds, and requires certain disclosures regarding fundbalance in the notes to the financial statements. GASB Statement 54 also providesguidance on the criteria for a fund balance policy.
The purpose of the Fund Balance Policy is to establish a key element of the financialstability of the Village, and in particular as it relates to the General Fund. Within theGeneral Fund, the chief operating fund of the Village, the unassigned fund balance is animportant measure of economic stability. It is essential that the Village maintainadequate levels of unassigned fund balance in the General Fund to mitigate revenuefluctuations and unanticipated expenditures. The goal of the Village will be to maintainan unassigned fund balance in the General Fund of 8.33%, or 1/12 of the annualbudgeted expenditures.
In order to comply with GASB standards, it is necessary for the Village of Ruidoso toimplement GASB Statement 54 and adopt a Fund Balance Policy for the Village whichis required to complete the Fiscal Year 2011 Audit.
There are four options that can be taken:1. Vote “Yes”; this will enable the VilIr “ adopt the Fund Balance Policy and
comply with GASB Statement 54. 71
1rAGENDA MEMORANDUM
Village of Ruidoso
2. Vote “No”; this will not allow the Village to adopt the Fund Balance Policy and theVillage will not comply with GASB Statement 54.
3. Vote to “Amend”; this could delay adoption of the Fund Balance Policy ad leavethe Village in non-compliance with GASB Statement 54.
4. Vote to “Table”; this could delay adoption of the Fund Balance Policy and leavethe Village in non-compliance with GASB Statement 54.
Voting for options 2, 3, or 4 will not only leave the Village in non-compliance with GASBStatement 54 but will also prevent the Fiscal Year 2011 Audit from being completed.
Recommendations:
Vote of “Yes” to adopt Fund Balance Policy.
AGENDA MEMORANDUMS, ALONG WITH BACK-UP DOCUMENTATION, ARE DUE IN THE VILLAGE CLERK’S OFFICE BY 8:30 AM ONWEDNESDAY PRIOR TO THE PRE-AGENDA MEETING FOR THE CORRESPONDING COUNCIL MEETING (PER COUNCIL’S ADOPTEDRESOLUTION #2011.02).
____________________
OFFICE ON:
(Revised 1/1 1/11)
72
JL1L.. VILLAGE OF RUIDOSO _JL[ZUID0S0 313 Cree Meadows Drive RLIIDOSQRuidoso, NM 88345
liii (877)700-4343 or (575)258-4343; Fax (575)258-5361 liii
PRE-AGENDA ITEM CHECKLIST
Items for Village Manager’s Report must be turned in to the Deputy Manager by 5:00
p.m. on Friday prior to the pre-agenda meeting.
Legal Ryiew Completed (if applicable).
_____
Completed Task Order (All task orders for legal review must be approved by/ ,/ Village Manager.
Received Finalized Document and/or Legal Written Opinion
Agenda Memorandum Completed.
_____
Finalized Document Attached (i.e. Ordinances, Resolutions,
/ Agreements/Contracts).
_____
Back-up Documentation Attached*.
All provided documents must be 8” x 11”, unless it is impossible to do so.
Above items have been complied with and provided to the Village Clerk’s Office on or
before 5:00 p.m. on Monday prior to the pre-agenda meeting.
*Back_up Documentation could be, but is not limited to, any of the following corresponding items:
• For renewal and/or amended agreements/contracts, copies of all previous
agreements/contracts or any other information pertaining to the document being
presented. For Agreements/Contracts, 2 originals must be. submitted.
• Any and all maps, charts, spreadsheets, and/or previous minutes pertaining to the
document being presented.
VOU HAVE ANY QUESTIONS, PLEASE CONTACT:ia Devine, CMC Bertha Randolph, CMCnicipal Clerk Deputy [email protected] BerthaRando1ph(rui,doso-nm.govne Ext. 1002 Phone Ext. 1003
ied Date: 7/16/10)
‘;.tt,Cj çye:j>i$ç.t/
•.
.4,,. •rt. tiYq:
•• ••%•.
—-
‘! .r.t:.:..:....
4..... . S...
• ;:*:.._::t;,:a•
••••
: ‘:•
5z .f $ ctY;it”• ‘v’r
• ••aP4* 741: 11:—••
$1 y/w4t:a r’ b’ - I%j ‘t
.$k 4.
• $;&t’1$.:ztb( •.c. S’ ‘“• ••
I—
1.1! I
Jfr as3. j• .wJ. 4
.. • .z: ‘!j•y
. f1zt%a 1 V ••
p4%
qstitt’t’ t4t- %‘ 4 C
‘ n#4”’
.. cI’3w
• •.ç’ig:L .:t “.tt.;M ..t;Vt. nfr s.•4tJ*ç.ii.. t4r
1:.hS.)t ‘tIa’
S. êq
I .‘,‘i3ifr
74
VILLAGE OF RUIDOSORESOLUTION 2011-34
A RESOLUTION TO ADOPT THE FUND BALANCE POLICY OF THEVILLAGE OF RUIDOSO.
The Village Council is informed that:
WHEREAS, the purpose of this policy is to establish a key element of thefinancial stability of the Village; and
WHEREAS, the unassigned fund balance in the General Fund is an importantmeasure of the economic stability of the Village; and
WHEREAS, it is essential that the Village maintain adequate levels ofunassigned fund balance in the General Fund to mitigate revenue fluctuations andunanticipated expenditures; and
WHEREAS, the goal of the Village is to maintain an unassigned fund balance inthe General Fund of 3112th of the annual budgeted expenditures.
NOW, THEREFORE, Be it resolved by the governing body of the Village ofRuidoso:
(I)That the Village will adopt the Village of Ruidoso Fund Balance Policy, attached
as Exhibit “A”, effective beginning immediately.
(II)THAT Village staff is hereby authorized to do all deeds as necessary in the
accomplishment of the herein above.
PASSED, APPROVED AND ADOPED THIS 8th DAY OF NOVEMBER, 2011.
Gus Raymond Alborn, Mayor
SEALATTEST:
Irma Devine, Village Clerk
75
76
Village of Ruidoso
Fund Balance Policy
AUTHORITY:
Government Accounting Standards Board (GASB) Statement 54
PURPOSE:
The purpose of this policy is to establish a key element of the financial stability of theVillage of Ruidoso by setting guidelines for fund balance.
The Unassigned Fund Balance in the General Fund is an important measure of theeconomic stability of the chief operating fund of the Village. It is essential that theVillage maintain adequate levels of Unassigned Fund Balance to mitigate financial riskthat can occur from unforeseen revenue fluctuations, unanticipated expenditures, andsimilar circumstances.
DEFINITIONS:
Fund Balance— Fund balance is generally the difference between a fund’s assets and itsliabilities. An accounting distinction is made between the portions of fund balance thatare restricted and unrestricted. In accordance with GASB 54, fund balance in theGeneral Fund is reported in five categories:
1) Non-spendable fund balance — includes amounts that are not in a spendableform or are required to be maintained intact. Examples are inventory or long-term receivables.
2) Restricted fund balance — includes amounts that can be spent only for thespecific purposes imposed by creditors, grantors, contributors, or laws andregulations of other governments. An example is grants. ‘
3) Committed fund balance — include self-imposed limitations on amounts thatcan be used only for a specific purpose, set in place prior to the end of theperiod by a formal action of the Village’s highest level of decision-makingauthority. Commitments established by the Village Council may be changed orlifted only by an action of the Village Council, taking the same formal action thatimposed the original constraint.
4) Assigned fund balance — comprises amounts intended to be used by theVillage for specific purposes. Intent can be expressed by the Village Council, orby an official or body to which the Village Council delegates the authority. Ingovernmental funds other than the General Fund, assigned fund balancerepresents the amount that is not restricted or committed. This indicates that
77
resources in other governmental funds are, at a minimum, intended to be usedfor the purpose of that fund.
5) Unassigned fund balance — is the residual classification of the General Fundand includes all amounts not contained in other classifications. Unassignedamounts are technically available for any purpose. Unassigned Fund Balance isonly reported in the General Fund.
POLICY:
CommItted Fund Balance
- The Village Council is the Village’s highest level of decision-making authority.The formal action that is required to establish, modify, or rescind a fundbalance commitment is a resolution approved by the Council at a VillageCouncil meeting. The resolution must either be approved or rescinded, asapplicable, prior to the last day of the fiscal year for which the commitment ismade.
Assigned Fund Balance
- As provided in this Fund Balance Policy, the Village Council has approved theVillage Manager as an authorized official to assign fund balance to a specificpurpose.
MINIMUM UNASSIGNED FUND BALANCE:
It is the goal of the Village to achieve and maintain an Unassigned Fund Balance in theGeneral Fund equal to 8.33% or 1112th of budgeted expenditures. The Village considersa balance of less that8.330!o or 1112th to be cause for concern, barring unusual ordeliberate circumstances. The Village has set a goal to achieve 25% or 3112th ofbudgeted expenditures as the Unassigned Fund Balance.
In the event that the Undesignated Fund Balance in the General Fund is calculated tobe less than the policy requires, the Village shall plan to control operating expendituresand use budget surpluses in subsequent fiscal years to restore the balance. Theminimum Unassigned Fund Balance shall be restored within one to three fiscal years, aseconomic conditions allow. Except in extraordinary circumstances, the minimumUndesignated Fund Balance should not be used to fund any portion of the ongoing androutine year-to-year operating expenditures of the Village. It should be used primarilyto insure adequate designated reserves, to respond to unforeseen emergencies, toprovide cash flow, and to provide overall financial stability.
ORDER OF EXPENDITURE OF FUNDS:
When multiple categories of fund balance are available for expenditure (for example, aconstruction project is being funded partly by a grant, funds set aside by the VillageCouncil, and unassigned fund balance), thc ViIIige will start with the most restricted
78
category and spend those funds first before moving down to the next category ofavailable funds.
ADMINISTRATIVE RESPONSIBILITIES:
The Finance Director shall be responsible for monitoring and reporting the Village’svarious reserves. The Village Manager may make recommendations to the VillageCouncil on the use of unassigned funds both as an element of the annual operatingbudget submission and from time to time throughout the year as needs may arise.
79
08
r Attachment ‘A
. I
GA
SBS5
4
Sta
tem
ent N
o.54
ofth
eG
over
nmen
tal A
ccou
ntin
gSt
anda
rds
Boa
rdF
und
Bal
ance
Rep
orti
ngan
dG
over
nmen
tal
Fun
dT
ype
Def
initi
ons
STA
TU
S
Issu
ed:
Febr
uary
2009
Effe
ctiv
eD
ate:
Forp
erio
dsbe
ginn
ing
afte
r Jun
e15,
2010
Aff
ects
:S
uper
sede
sN
CG
AS
1,St
anm
wy
Stat
emen
t ofP
rinc
iple
sN
o.3,
¶36,
1118
,112
0,an
dI12
1A
men
dsN
CG
AS
1,18
0,¶6
1,an
d11
19S
uper
sede
sN
CG
AI
3,11
0A
men
dsN
CG
AI 3
,111
Am
ends
NC
GA
I 6,1
4an
d¶5
Am
ends
GA
SBS
14,1
178
Sup
erse
des
GA
S8S
25,f
nl5
Sup
erse
des
GA
SBS
33,M
l 3A
men
dsG
ASB
S33
,fn9
Sup
erse
des
GA
SSS
34,1
84A
men
dsG
ASB
S34
, ¶37
.116
4,¶6
5,fn
24, a
ndfn
38S
uper
sede
sG
AS8
S43
,mu
Am
ends
GA
SBS4
4,¶1
2
coS
medes
GA
SBI4
, fn3
and
rA
men
dsG
ASB
I 4,¶
4ar
id¶7
Am
ends
GA
SBI 6
,116
Aff
ecte
dby
:N
oot
herp
rono
unce
men
ts
Oth
erIn
terp
retiv
eU
tera
ture
:G
ASB
Com
preh
ensi
veIm
plem
enta
tion
Gui
de
Prim
ary
Cod
ifica
tion
Sect
ion
Ref
eren
ces:
1300
and
1800
Sum
mar
y
The
obje
ctiv
eof
this
Stat
emen
tis
toen
hanc
eth
eus
eful
ness
offu
ndba
lanc
ein
form
atio
nby
pro
vidi
ngde
arer
fund
bala
nce
àlas
sifi
catio
nsth
atca
nbe
mor
eco
nsis
tent
lyap
plie
dan
dby
dari
f4ng
the
exis
ting
gove
rnm
enta
lfun
dty
pede
fist
ions
.IN
sS
tate
men
test
abli
shes
fund
bala
nce
clas
sifi
catio
nsth
atco
mpr
ise
ahi
erar
chy
base
dpn
man
lyon
the
exte
ntto
whi
cha
gove
rnm
ent
isbo
und
toob
serv
eco
nstr
aint
sim
pose
dup
onth
eus
eof
the
reso
urce
sre
port
edin
gove
rnm
enta
lfun
ds.
The
initi
aldi
stin
ctio
nth
atIs
mad
ein
repo
rtin
gfu
ndba
lanc
ein
form
atio
nis
iden
tifyi
ngam
ount
sth
atar
eco
nsid
ered
nonsp
ende,
such
asfu
ndba
lanc
eas
soci
ated
with
inve
ntor
ies.
Thi
sS
tate
men
tal
sopr
ovid
esfo
rad
ditio
nalc
Iass
ifli
on
asre
stri
cted
,com
mitt
ed,a
ssig
ned,
and
unas
sign
edba
sed
onth
ere
lativ
es1
renh
ofth
eco
nstr
aint
sth
atco
ntro
l how
spec
ific
amou
nts
can
besp
ent.
The
,esb
icte
dfun
dba
lanc
eca
tego
ryin
clud
esam
ount
sth
atca
nbe
spen
tonl
yfo
rthe
spec
ific
pur.
pose
sst
ipul
ated
byco
nstit
utio
n,ex
tern
alre
sour
cepr
ovid
ers,
or
thro
ugh
enab
ling
legi
slat
ion.
The
asw
nrne
dftm
ndba
lanc
ecl
assi
fica
tion
inri
idos
amou
nts
that
can
beus
edon
lyfo
r the
spec
ific
pu
rpo
ses
dete
rmin
edby
afo
rmal
acti
onof
the
gove
rnm
ent’
shi
ghes
tlev
elof
deci
sion
-mak
ing
auth
ority
.A
mou
nts
inth
eas
sign
edtu
ndba
lanc
ecl
assi
fica
tIon
are
inte
nded
tobe
used
byth
ego
vern
men
t for
spec
ific
purp
oses
butd
ono
tmee
tthe
crite
ria
tobe
clas
sifi
edas
rest
rict
edor
com
mitt
ed.
Ingo
vern
men
talf
unds
othe
r tha
nth
ege
nera
lfun
d,as
sign
edfu
ndba
lanc
ere
pres
ents
the
rem
aini
ngam
ount
1178
0
Fun
dB
alan
ceR
epor
ting
and
Gover
nm
enta
l Fun
dfl
’pe
Def
init
ions
GA
SBS
54
that
Isno
t res
tric
ted
orco
mil
iltt
ed.
Una
ssig
nedf
und
bala
nce
isth
ere
sidu
alcl
assi
fica
tion
fort
heg
ov
ern
men
t’s
genera
lfu
ndan
din
cludes
alls
pend
able
am
ou
nts
not
co
nta
ined
inth
eot
her
clas
sifi
catio
ns.
Inoth
er
fun
ds,
the
unaé
slgn
edcl
assi
fica
tion
shou
ldbe
used
only
tore
port
ade
fici
tbal
ance
resu
itin
gfr
omov
ersp
endi
ngfo
rsp
ecir
icpu
rpos
esfo
rw
hich
amou
nts
had
been
rest
rict
ed,
com
mit
ted,
oras
sign
ed.
Gov
ernm
ents
are
requ
ired
todi
sclo
sein
form
atio
nab
out t
hepr
oces
ses
thro
ugh
whi
chco
nstr
aint
sar
eim
pose
don
amou
nts
in
the
com
nitle
dan
das
sign
edcl
assi
ficat
ions
.”G
over
nmen
tsal
soar
ere
quir
edto
clas
sify
and
repo
rtam
ount
sin
the
appr
opri
ate
fund
bala
nce
clas
sifi
catio
nsby
appl
ying
thei
rac
coun
ting
polic
ies
that
dete
rnin
ew
heth
erre
stri
cted
, com
mitt
ed,
assi
gned
and
unas
sign
edam
ount
sar
eco
nsid
ered
to
have
been
spen
tD
iscl
osur
eof
the
polic
ies
With
eno
tes
toth
efi
nanc
ial s
tate
men
tsis
requ
ired
.Th
isSt
atem
enta
lso
prov
ides
guid
ance
ford
assi
f4ng
stab
iliza
tion
amou
nts
onth
efa
ceo
fth
eba
lsh
odsh
eet
and
requ
ires
disc
losu
reo
fce
rtai
nin
form
atio
nab
out s
tabi
hzat
ron
arra
ngem
ents
inth
eno
tes
toth
efin
anci
alst
atem
ents
.V
V
The
defin
ition
sof
the
gene
ral
fund
,spe
cial
reve
nue
fund
type
,cap
ital
proj
ects
fund
type
,deb
tse
rylc
efu
ndty
pe,a
ndpe
rman
ent f
und
type
are
clar
ified
byth
epr
ovis
ions
inth
isSt
atem
ent.
Inte
rpre
.ta
tions
of
cert
ain
term
sw
ithin
the
defin
ition
ofth
esp
ecia
lre
venu
ehi
ndty
peha
vebe
enpr
ovid
edan
d,fo
rso
me
gove
rnm
ents
,tho
sein
terp
reta
tions
may
affe
ctth
eac
tMtie
sth
eych
oose
tore
port
inth
ose
fund
s.T
heca
pita
lpro
ject
sfu
ndty
pede
fniti
onal
sow
ascl
arif
ied
forb
ette
ral
lgnm
entw
ithth
ene
eds
ofpr
epar
ers
and
user
s.D
efin
ition
sof o
ther
gove
rnm
enta
l fun
dty
pes
also
have
been
mod
ified
forc
larit
yan
dco
nsis
tenc
y.T
here
quir
emen
tso
fth
isS
tate
men
tare
effe
ctiv
efo
r fin
anci
alst
atem
ents
for p
erio
dsbe
ginn
ing
afte
rJun
e15,
201G
.Ear
lyim
plem
enta
tion
isen
cour
aged
.Fun
dba
lanc
ere
dass
ific
atio
nsm
ade
toco
nform
to
the
prov
isio
nso
fth
isSt
atem
ents
houl
dbe
appl
ied
retr
oact
ivel
yby
rest
atin
gfu
ndba
lanc
efo
ral
lprio
rper
iods
pres
ente
d.V
How
the
Cha
nges
InT
hIs
Stm
en
tW
illfn
ipro
veF
inan
cial
Rep
oili
ngV
The
requ
irem
ents
inth
isSt
atem
entw
illim
prov
efi
nanc
ialr
epor
ting
bypr
ovid
ing
fund
bala
nce
cat
egor
ies
and
clas
sifi
catio
nsth
atwi
llbe
mor
eea
sily
unde
rsto
odEl
imin
atio
nof
She
rese
rved
corn
po
nent
offu
ndba
lanc
eIn
favo
rofa
rast
ride
dcla
ssff
icat
ion
will
enha
nce
the
cons
iste
ncy
betw
een
into
rrn
atlo
nre
port
edin
the
gove
rnm
ent-
wid
estatem
en
ts
and
inform
ation
in
the
gove
rnm
enta
lfu
ndfi
nanc
ials
tate
men
tsan
dav
oid
conf
usio
nab
outt
here
lati
onsl
betw
een
msø
rved
fund
bala
nce
and
rest
rict
edne
tass
ets.
The
fund
bala
nce
clas
sifi
catio
nap
proa
chin
this
Sta
tem
entw
illre
quir
ego
vern
men
ts
to
classify
amou
nts
cons
lste
nd,ç
rega
rdle
sso
fth
efu
ndty
peor
colu
mn
in
whi
chth
eyare
pre
sent
ed,A
sa
resu
lt,an
am
ount
can
no
tbe
clas
sifi
edas
rest
rict
edin
one.
fund
bu
tun
rest
ricte
din
an
othe
r.T
hefu
ndba
lanc
edi
sclo
sure
swi
llgi
veus
ers
info
rmat
ion
nece
ssar
yto
unde
rsta
ndth
epr
oces
ses
unde
rw
hich
cons
trai
nts
are
impo
sed
upon
the
use
ofre
sour
ces
and
how
thos
eco
nstrain
ts
may
bem
odif
ied
or
elim
inat
ed.T
hecl
arif
icat
ions
ofth
ego
vern
men
tal
fund
type
defi
titio
nswl
llre
duce
unce
rtai
nty
abou
tw
hich
reso
urce
scan
or
shou
ldbe
repo
rted
inth
ere
spec
tive
fund
type
s
1178
1
Unl
ess
othe
rwis
esp
ecif
ied,
pron
ounc
emen
tsof
the
GA
SBap
ply
tofi
nanc
ial
repo
rts
ofal
lst
ate
and
loca
lgov
ernm
enta
lent
ities
,inc
ludi
ngge
nera
lpur
pose
gove
rnm
ents
;pub
licbe
nefi
tco
rpor
atio
nsan
dau
thor
ities
;pu
bllc
empl
oyee
retir
emen
tsys
tem
s;an
dpu
blic
utiit
ies,
hosp
ita
lsan
dot
her
heal
thca
repr
ovid
ers,
and
coll
eges
and
univ
ersi
ties
.P
arag
raph
3di
scus
ses
the
appl
icab
ility
ofth
isS
tate
men
t.
.4
INTR
OD
UC
TIO
N
1.N
atio
nal
Cou
ncil
onG
over
nmen
tal
Acc
ount
ing
(NC
GA
)S
tate
men
t1,
Gov
ernm
enta
lA
cco
unti
ngan
dF
inan
cial
Rep
orti
ngPr
inci
ples
,pa
ragr
aphs
fl8-
121,
esta
blis
hed
the
fund
bal
ance
clas
aifl
cati
oes
for
gove
rnm
enta
lfu
nds.
Sta
tem
ent
No.
34
,B
asi
cF
inancia
lSl
atem
eots
—.a
ndM
anag
emen
t’s
Dis
cuss
ion
and
Ana
lysi
s—fo
rS
tate
and
Loc
alG
ov
ern
men
ts,
reta
ined
thos
ecl
assi
llca
tion
requ
ire-
mer
its.
Res
eatc
hco
nduc
ted
afle
rki
pl6m
enta
-ti
onof
Sta
tem
ent
34,
ho
wev
er,
found
cons
ider
able
diff
eren
ces
Inho
wgo
vern
men
tsin
terp
retd
appl
yth
est
anda
rds
for
fund
bal
ence
repo
rtin
g.T
hedi
ffer
ence
sex
iste
d,in
part
,be
caus
ece
rtai
nte
rms
wer
erio
tW
ebde
fine
d,w
ith
affe
cted
the
amàu
nts
that
wer
ere
port
edas
rese
rved
and
unre
serv
edfu
ndba
lanc
es.
Con
secu
ently
man
yuS
ers
have
been
rece
ivin
gin
cons
iste
ntar
idno
ncom
para
ble
info
rmat
ion
which
redu
ecd
itsus
eu,ik
iess
end
led
tocnfu
sion
asto
wha
tth
ein
form
atio
npr
esen
ted
infu
ndba
lanc
ere
port
ing
actu
aty
com
mun
icat
ed.
The
seco
ncer
nsw
ere
exac
erba
ted
byo
addi
tiona
lfa
ctor
s.F
irst
dlff
etén
tin
terp
reta
tion
sof
cert
ain
aspe
cts
ofth
ede
fint
hons
ofgo
vern
men
talf
und
type
sre
duce
dth
eco
mpa
rabl
ilty
ofth
ego
vern
men
tal
fund
fina
ncia
lst
atem
ents
,be
caus
eth
efu
nds
used
and
the
purp
oses
foru
sin
gth
emva
ried
sign
ifica
ntly
from
gove
rnm
entt
ogo
vern
men
t.S
econ
d,th
ein
trod
uctio
nof
rest
rict
edne
tas
sets
unde
rS
tate
men
t34
led
toco
nfus
ion
rega
rdin
gits
rela
tions
hip
tore
serv
edfu
ndba
lanc
e.
2.T
heob
iect
ive
ofth
isSt
atem
enti
sto
wnp
rove
the
usef
ulne
ss,
Incl
udin
gth
eun
ders
tand
abili
ty,
ofgo
vern
men
tal
fund
bala
nce
info
mia
tion.
Thi
sS
tate
men
tpr
ovid
esm
ore
clea
rly
defi
ned
cat
egon
esto
mak
eth
ena
ture
and
exte
ntof
the
consi
nts
plac
edon
agov
ernm
enrs
fund
bal
ance
mor
efr
ansp
aren
tIt
also
clar
ifie
sth
eex
ist
ing
gove
rnm
enta
lfu
ndty
pede
flni
tiens
torim
prov
eth
eco
mpa
rabi
lity
ofgo
vern
men
tal
fund
fina
ncia
lst
atem
ents
and
help
fina
ncia
lst
ate
men
tus
ers
tobe
tter
unde
rsta
ndth
epu
rpos
es
STA
ND
AR
DS
OF
GO
VER
NM
ENTA
LA
CC
OU
NTI
NG
AN
DFi
NA
NC
IAL
RE
POR
TIN
G
See
p. a
ndA
pplic
abili
tyof
Thi
sS
tate
men
t
3.T
his
Sta
tem
ent
esta
blis
hes
acco
untin
gan
dfi
nanc
ial
repo
rtin
gst
anda
rds
for
all
gove
rn-
mer
itsth
atre
port
gove
rnm
enta
lfu
nds.
Ites
tab
Ush
escr
iteri
afo
rcl
assI
fyin
gfu
ndba
lanc
esin
tosp
ecif
ical
lyde
fine
dcl
assi
fica
tions
and
clar
ifies
defi
nitio
nsfo
r gov
ernm
enta
lfun
dty
pes.
4.T
his
Sta
tem
ent
supers
edes
NC
GA
Sta
tem
ent
1,“S
umm
ary
Sta
tem
ent
ofth
eP
rinc
iple
s—T
ypes
ofF
unds
,”an
dp
ara
grap
hs26
,11
8,12
0,an
d12
1;N
CG
AIn
te,p
reta
-lio
n3,
Rev
enue
Rea
gofl
kxr—
Prc
peit
yTa
xes,
para
grap
h10
;GA
SBSt
atem
ent
No.
25,
Fin
anoa
t Rep
orik
ig(o
rDef
ined
Ben
efit
Pen
skn
Plan
san
dN
ote
Dis
clos
ures
for
Def
ined
Con
tribu
tion
man
s,fo
otno
te15
;G
ASB
Stat
emen
tN
o.33
,A
ccou
ntin
gan
dFi
nanc
ialR
epor
ting
forN
onex
chan
geT
rans
actio
ns,f
ootn
ote
13;G
ASB
Sta
tem
ent
34,
para
grap
h84
;G
ASB
Sta
tem
ent
No.
43,F
inan
cial
Rep
ortin
gfo
r Pos
tern
ploy
men
tB
enef
itPl
ans
Oth
erT
han
Pens
ion
Plan
s,fo
otno
te11
;an
dG
ASB
Inte
rpre
tati
onN
o.4,
Ac
coun
bhg
and
fina
ncia
lRep
ortin
gfo
Cap
itafi
zade
nC
ontr
ibut
ions
toPu
blic
Ent
ityR
isk
Pool
s,fo
otno
tes
3an
d6.
Inad
ditio
n,th
isS
tate
men
tem
erid
sNC
GA
Sta
tem
entI
para
grap
hs30
,91,
and
119;
NCG
AIn
terp
reta
tion
3,pa
ragr
aph
11;
NC
(AIn
terp
reta
tion
6,N
otes
toTh
efi
nanc
ial
Sta
tem
ents
Dis
clos
ure,
para
grap
hs4
and
5;G
ASB
Sta
tem
ent
33,
foot
note
9;G
ASB
Sta
tem
ent
34,
para
grap
hs37
,64
,an
d65
and
foot
note
s24
and
38;G
ASB
Stat
emen
tN
o.44
,E
cono
mic
Con
diti
onR
epor
ting
:T
heS
tati
stic
alSe
ctki
n,pa
ragr
aph
12,
GA
SBIn
terp
reta
tion
4,pa
ragr
aphs
4an
d7;
and
GA
SBIn
terp
reta
tion
No.
6,R
ecog
niV
onan
dM
easu
rem
ent o
fCer
tain
Lia
bilit
ies
and
Exp
endi
ture
sin
Gov
ernm
enta
lF
und
Fina
ncia
lSta
tem
ents
,par
agra
ph16
.
Ftm
daa
lance
Rep
ort
ing
and
GA
SSS
54G
over
nm
enta
l Fund
Typ
eD
efin
itio
ns
for w
hich
gove
rnm
ents
have
chos
ento
use
par
ticul
arfu
nds
forf
inan
cial
repo
rtin
g.
GA
SES
54G
AS
BS
tais
ento
f StE
ndar
ds
Sta
tem
ent
No.
54of
the
Gov
ernm
enta
l Acc
ount
ing
Sta
nd
ard
sB
oard
Fun
dB
alan
ceR
epor
ting
and
Gov
ernm
enta
lF
und
Typ
eD
efin
itio
ns
CO
NT
EN
TS
Par
agra
phN
umbe
rs
Intr
oduc
tion
Stan
dard
sof
Gov
ernm
enta
l Acc
ount
ing
and
Fina
ncia
l Rep
ortin
g3-
35Sc
ope
and
App
licab
ility
ofTh
isSt
atem
ent
Gov
ernm
enta
lFun
dR
epor
ting
5_35
Fund
Bal
ance
Rep
orhi
g5-
22N
onsp
enda
ble
Fund
Bal
ance
5-7
Res
tric
ted
FJi
dBae
tioe
8-9
Com
mitt
edFu
fldB
aian
ce10
-12
13-16
Una
ssig
ned
Fund
Bal
anco
Cla
ssify
ing
Fund
Bal
ance
Am
ount
s18
-19
Sta
bize
tion
Arr
soig
emen
ts20
—21
Dis
play
ing
Fund
Bal
ance
Cla
ssif
icat
ions
onth
eFa
ceof
the
Bal
ance
She
ets
22Fu
ndB
alan
ceD
iedo
surv
e23
—27
(DO
Fund
Bal
ance
Cla
ssif
icat
ion
Pdi
cies
and
Pro
cedu
res
23(i,
)R
epor
ting
Enc
umbr
ance
s24
Det
ails
ofFu
ndB
alan
ceC
lass
ific
atio
nsD
ispl
ayed
inth
eA
ggre
gate
25St
abili
zatio
nA
rran
gem
ents
26M
birn
umFu
ridB
aIan
tlaP
ocie
s27
Gov
ernm
enta
lFun
dT
ype
)efi
nltI
ons
28—
35G
ener
alFu
ndSp
ecia
lRev
enue
Fund
s30
-32
Cap
italP
roje
cts
Fund
s33
Deb
tSef
vice
Fund
s34
Perm
aile
tflF
tsft
ls35
Effe
ctiv
eD
ate
and
Tra
nsiti
on36
App
endi
xA:
Bac
kgre
und
37-4
7A
pJB
Bas
isfo
rCon
clus
ions
afld
Boa
rdM
embe
rDis
sent
48-1
36B
asis
for’
Cdr
lclU
sion
a49
—13
4B
asis
totB
oard
Mem
berD
isse
nt13
5-13
6A
ppen
dix
C:l
liust
ratio
n13
7
1178
2
A
1178
3
GA
SS
S64
GA
SBS
em
nto
fS
tàns
Gov
ernm
enta
lFun
dR
epor
ting
Fun
dB
alan
ceR
epor
ting
5.Fu
ndbe
lano
efo
rgov
ernm
enta
lfun
dssh
ould
bere
port
edin
clas
slIk
tion
sth
atco
mpr
ise
ahi
erac
hyba
sed
prim
arily
onth
eex
tent
tow
hich
the
gove
rnm
ent
Isbo
und
toho
noi
cons
trai
nts
onth
esp
ecif
icpu
rpos
esfo
rw
hich
amou
nts
inth
ose
fund
sca
nbe
spen
t.So
me
gove
rnm
ents
may
noth
ave
polic
ies
orpr
oced
ures
that
are
com
para
ble
toth
ose
polic
ies
that
unde
rlie
the
clas
sifi
catio
nsdi
scus
sed
Inpa
ragr
aphs
10-1
6an
dth
eref
ore
wou
ldno
tre
port
amou
nts
inal
lpo
ssib
lefu
ndba
lanc
ecl
assi
fica
tions
.
Nonspeae
ftm
dba
lanc
e
6.T
heno
nspe
ndab
lefu
ndba
lanc
ecl
assi
fica
tion
incl
udes
amou
nts
that
cann
otbe
spen
tbe
caus
eth
eyar
eei
ther
(a)
not
insp
enda
ble
form
or(b
)le
gally
orco
ntra
ctua
llyre
quir
edto
bem
aint
aine
din
tact
.The
“not
insp
enda
ble
form
”cr
iterio
nin
clud
esite
ms
that
are
not e
xpec
ted
tobe
conv
erte
dto
cash
,fo
rexa
mpl
e,in
vent
orie
s—
amou
nts.
Ital
soin
clud
esth
elo
ng-
COim
ount
cilo
ans
anc
note
sre
ceiv
able
, pa
..
spr
oper
tyac
quir
edfo
rres
ale.
liove
ver,
ifre
ofth
epr
ocee
dsfr
omth
eco
llect
ion
ofth
ose
rece
ivab
les
orir
omth
esa
leof
thos
epr
oper
ties
isre
stri
cted
,com
mitt
ed,o
rass
igne
d,th
enth
eysh
ould
bein
clud
edin
the
appr
opri
ate
fund
bala
nce
clas
sifi
catio
n(r
estr
icte
d,co
mm
itted
,or
assi
gned
),ra
ther
than
nons
pend
able
hind
bal
ance
.T
heco
rpus
(or
prin
cel)
ofa
perm
anen
tfu
ndis
anex
ampl
eof
anam
ount
that
Isle
gally
orco
ntra
ctua
llyre
quir
edto
bem
aint
aine
din
tact
.
7.Fo
rpu
rpos
esof
repo
rtin
gne
tas
sets
.S
tate
men
t34
,pa
ragr
aph
35,
requ
Ires
amou
nts
that
are
“req
iEed
tobe
reta
ined
inpe
rpet
uity
”to
becl
assi
fied
“non
expe
ndab
le”
with
inth
ere
stri
cted
neta
sset
cate
gory
For
fund
bala
nde
repo
rtin
gpu
rpos
es.
lOw
ever
.th
ose
amou
nts
shou
ldbe
clas
sifi
edas
nons
pend
able
rath
erth
anre
stri
cted
.
Res
frlc
tad
fund
bala
nce
8.E
xcep
tas
prov
ided
for
inpa
ragr
aph
7,am
ount
sth
atar
ere
stri
cted
tosp
ecif
icpu
rpos
es,
purs
uant
toth
ede
fini
tion
ofre
stri
cted
inpara
grap
h34
ofS
tate
men
t34
,as
amen
ded
byS
tate
men
tN
o.46
,N
etA
sset
sR
esb’
icte
dby
En
ebli
ng
Leg
isla
tion,
shou
ldbe
repo
rted
asre
str
Idfu
ndba
lanc
e.Ft
mcl
bala
nce
shou
kibe
repo
rted
asre
stri
cted
whe
nco
nstr
aint
spl
aced
on
theu
seefc
urc
ssere
lher
V
a.E
xtar
nafl
ylm
pose
dby
cred
itor
s(s
thas
thro
ugh
debt
cove
nant
s),
grat
itors
,co
nlnb
uta
rs, o
rla
ws
orre
gula
tion
. at
ethe
rgo
vern
men
ts;o
rV
b.Im
pose
dby
law
thro
ugh
cons
titut
iona
lpr
ovi
sion
sor
enab
ling
legi
slat
ion.
9.E
nabl
ing
legi
slat
ion,
asth
ete
rmis
used
inth
isS
tate
men
t,au
thor
izes
the
gove
rnm
ent
toas
sess
, lev
y,ch
arge
,or o
ther
wis
em
anda
tepay
men
tof
reso
urce
s(f
rom
exte
rnal
reso
urce
pro
vide
rs)
and
incl
udes
ale
gally
enfo
rcea
ble
requ
irei
nent
that
thos
ere
sour
ces
beus
edon
lyfo
rth
esp
ecif
icpu
rpos
es.s
tipu
late
din
.the
Iesla
ticn.
Leg
alen
forc
eabl
hity
mea
nsth
ata
gove
rnm
ent
can
be
com
pel
led
bysr
iex
tern
alpa
rty—
such
asci
tizen
s,pu
blic
inte
rest
grou
ps,
orth
eju
dici
ary—
tou
sere
sour
ces
crea
ted
byen
ablin
gle
gisl
atio
non
lyfo
rthe
purp
oses
sped
fled
byth
eleg
hlat
ion.
Com
mit
ted
fund
bala
nce
V
Id,
cen
on
lyba’u
sed
fors
ped
flc
purp
os.
purs
uant
toco
nstr
ains
impo
Sed
byfo
rmal
actio
nof
the
gdvè
mm
ent’
shl
giiS
stle
Ol
ofdl
ldsl
on-t
naid
ngau
thor
itysh
ould
bere
porl
edas
com
mitt
edfu
ndba
lari
be:
Tho
seod
titf
litt
edam
ount
sca
nnot
beus
edfo
ran
yot
her
purp
ose
unle
ssth
ego
vOm
rnàn
tmni
oveb
orcti
ans
the
spec
ifie
dus
eby
tald
dgth
eS
eme
type
ci(f
orex
ampl
e,le
gisl
atio
n,re
solu
tion,
ordi
nanc
e)it
emplo
yed
topre
vio
usl
yco
mm
itth
ose
amou
nts.
The
auth
odzb
ticn
epec
ifyi
ngth
ep
ur
pose
sfo
t’w
hldi
amou
ntS
can
beus
edSh
ould
have
the
cons
ento
fbo
thth
ele
gisl
ativ
ear
idex
ecut
ive
bran
ches
ofth
ego
vern
men
t,if
appl
ica
ble.
Com
mitt
edfu
ndba
lanc
eal
soSh
ould
Inco
rpor
ate
cont
ract
ual
cblig
aflo
nsto
the
exte
ntth
atex
isti
ngre
sourc
esin
the
fund
hav
ebee
nsp
edfi
call
yco
mm
itte
dfo
ruse
insa
tisl
ying
those
VV
.
11.
lnco
rit,
Bst
tofu
ndba
lanc
etha
tisr
estr
icte
dby
enab
lIng
legi
slat
ion,
asdi
scus
sed
inpar
agr
aph
9,am
ount
sin
the
com
mit
ted
fund
bal
ance
dass
ific
atio
nm
aybe
rede
ploy
edfo
roth
erpu
rpos
esw
ithap
prop
riat
edu
epr
oces
s,as
ex
plaI
ned
Inpa
ragr
aph
10.
Con
stra
ints
impo
sed
onth
eus
eof
com
mit
ted
amou
nts
are
Impo
sed
1*78
4
byth
ego
vern
men
t,se
para
tefr
omth
eau
thor
iza
tion
tora
ise
the
unde
rlyi
ngre
venu
e.T
her
efo
re,
com
plia
nce
with
cons
trai
nts
impe
sed
byth
egc
vem
men
t.tha
t com
mft
amow
dstd
epec
iflc
purp
osas
Isno
t Con
side
red
tobe
lega
llyen
forc
eab
le, a
sde
fine
din
para
grap
h9.
iaT
hefo
rmal
actio
nof
the.
gove
mnl
ant’
shi
ghes
tle
vel
ofde
cisi
on-m
akin
gau
thor
ityth
atco
mm
itsfu
ndba
lanc
eto
asp
ecifi
cpu
rpos
esh
ould
occu
r pri
orto
the
end
ofth
ere
port
ing
peri
od,b
utth
eam
ount
.if
any,
whi
chwi
llbe
subj
ect t
oth
eco
nstr
aint
,m
aybe
dete
rmin
edin
the
subse
quen
t per
iod.
Ass
igne
dfu
ndba
lanc
e
13.
Am
ount
sth
atar
eco
nstr
aine
dby
the
gov
ernm
ent’
sin
tent
tobe
used
for
spec
ific
pur
pose
s,bu
tar
ene
ither
rest
rict
edno
rcom
mitt
ed,
shou
ldbe
repo
rted
asas
sign
edfu
ndba
lanc
e,ex
cept
for
stab
lliat
Ion
arra
ngem
ents
,as
dis
cuss
edin
para
grap
h21
.In
tent
shou
ldbe
expr
esse
dby
(a)
the
gove
rnin
gbo
dyits
elfo
r(b
)a
bocl
V(a
budg
etor
fina
nce
com
mitt
ee,
forex
ampl
e)or
offic
ial t
ow
hich
the
gove
rnin
gbo
dyha
sde
lega
ted
the
auth
ority
fgnw
.ts
tobe
used
for s
peci
fic
purp
oses
.
14.
Bot
hth
eco
mm
itted
and
assi
gned
fund
bal
ance
clas
sifi
catio
nsin
clud
eam
ount
sth
atha
vebe
enco
nstr
aine
dto
bein
gus
edfo
rSpe
cific
pur
pose
Sby
actio
nsta
ken
byth
ego
vern
men
titse
lf.H
owev
er,
the
auth
ority
for
mak
ing
anas
sign
men
tIs
not
fequ
ired
tobe
the
gove
rnm
ent’
shi
ghes
tle
vel
ofde
cisi
on-m
akin
gau
thor
ity.
Fur
ther
mor
e,th
ena
ture
ofth
eac
tions
nece
ssar
yto
rem
ove
orm
odify
anas
sign
men
tIs
not
aspro
scri
ptiv
eas
itis
with
rega
rdto
the
com
mitt
edfu
ndba
lanc
ecl
assi
fica
tion
.C
onst
rain
tsim
pose
don
the
use
ofas
sign
edam
ount
sar
em
ore
easi
lyre
mov
edor
mod
ifie
dth
anth
ose
Impo
sed
onam
ount
sth
atar
ecl
assi
fied
asco
mm
itted
.S
ome
gove
rnm
ents
may
not
haye
both
com
mitt
edan
das
sign
edfu
ndba
lanc
es,
asno
tal
lgover
nm
ents
hav
em
ulti
ple
level
sof
deci
sion
-mak
ing
auth
ority
.
15.
Ass
igne
dfu
ndba
lanc
ein
clud
es(a
)al
lre
mai
ning
amou
nts
(exc
eptf
orn
eg
at
bala
nces
,as
disc
usse
dIn
para
grap
h19
)th
atar
ere
port
edin
gove
rnm
enta
lfu
nds,
othe
rth
anth
ege
nera
lfu
nd,
that
are
not
clas
sifi
edas
nons
pend
able
and
are
notif
ier
rest
rict
edno
rcom
mitt
edan
d(b
)
amou
nts
inth
ege
nera
l fun
dth
atar
ein
tend
edto
beus
edfo
ra
spec
ific
purp
ose
inac
cord
ance
with
the
prov
isio
nsin
para
grap
h13
.By
repo
rtin
gpa
rtic
ular
amou
nts
that
are
not
rest
rict
edor
com
mitt
edin
asp
ecia
l rev
enue
,cap
ital p
roje
cts,
debt
serv
ice,
orpe
rman
ent
fund
,th
ego
vern
men
tha
sas
sign
op’ t
tose
arno
unis
toth
ep
ur
pose
sof
the
resp
ecti
vefu
nds.
Ass
ignm
ent
with
inth
ege
nera
lfu
ndco
nvey
sth
atth
ein
tend
edus
eof
thos
eam
ount
sis
for
asp
ecif
icpu
rpos
eth
atis
narr
ower
than
the
gene
ral
pur
pose
sof
the
gove
rnm
ent
itsel
f.H
owev
er,
gov
ernm
ents
shou
ldno
tre
port
anas
sign
men
tfo
ran
amou
ntto
asp
edti
cpu
rpos
eif
the
assi
gn
men
twou
klre
suft
inad
efic
itin
unas
sign
edfu
ndba
lanc
e.
16.
An
appr
opri
atio
nof
exis
ting
fund
bala
nce
toel
imin
ate
apr
ojec
ted
budg
etar
yde
fici
tin
the
subs
eque
ntye
ar’s
budg
etin
anam
ount
nogr
eate
rth
anth
epr
ojec
ted
exce
ssof
expe
cted
expe
nditu
res
over
expe
cted
reve
nues
satis
fies
the
crite
ria
tobe
clas
sifi
edas
anas
sign
men
tof
fund
bala
nce.
As
disc
usse
din
para
grap
h15
,as
sIgn
men
tssh
ould
not
caus
ea
defic
itin
un
assl
9ned
fund
bala
nce
tooc
cur,
(Jna
s*lp
idf
uno’
bala
nce
17.
Una
ssig
ned
fund
bala
nce
isth
ere
sidu
alcl
assi
fica
tion
for
the
gene
ral
fund
.T
hisd
assi
fica
tion
repr
esen
tsfu
ndba
lanc
eth
atha
sno
tbe
enas
sign
edto
othe
rfu
nds
arid
that
has
not
been
rest
rict
ed,
com
mltl
ed,.o
ras
slgn
ed.f
osp
eci
ficpu
rpos
esw
ithiri
the
gene
ralf
und.
The
gen
eral
fund
Shou
ldbe
the
only
fund
that
repo
rts
apo
sitiv
eun
assi
gned
fund
bala
nce
amou
nt.
Inot
her
gove
rnm
enta
lhi
nds,
ifex
pend
itur
esin
curr
edfo
rsp
ecif
icpu
rpos
esex
ceed
edth
eam
ount
sre
stri
cted
,co
mm
itted
,or
assi
gned
toth
ose
purp
oses
,it m
aybe
nece
ssar
yto
repo
rta
nega
tive
unas
sign
edfu
ndba
lanc
e,as
dis
cuss
edin
para
grap
h19
.
cfas
afly
b,g
hind
bala
nce
amou
nts
18.
Fund
bala
nce
clas
sifi
catio
nssh
ould
depi
ctth
ena
ture
ofth
e.ne
tres
ourc
esth
atar
ere
port
edin
ago
vern
men
tal
fund
.A
n.in
divi
dual
gove
rnm
enta
lfu
ndco
uld
incl
ude
nonsp
endab
lere
sour
ces
and
amou
nts
that
are
rest
rict
ed,
com
mitt
ed,o
r ass
igne
d,or
any
com
bina
tion
ofth
ose
clas
sifi
catio
ns.
Typi
cally
,th
ege
nera
lfu
ndal
sow
ould
incl
ude
anun
assi
gned
amou
nt. A
gove
rnm
ent
shou
ldde
term
ine
the
com
posi
tion
ofits
FU
ndB
alan
ceR
epo
rtln
gan
dG
ov
ern
men
tal
Fun
d1,
Def
initi
ons
GA
SB
S54
1178
5
GA
SB
S54
G6ta
is,a
nt
olS
idW
ds
‘si’
.:“s
erdng
kind
bala
nce
byap
plyi
ngits
aunti
ng
polic
ies
reg
gwhe
thor
Itco
nsid
ers
rest
rict
edor
unre
stri
cted
amou
nts
toha
vebe
ensp
ent
whe
nan
expe
nditu
reIs
incu
rred
for p
urpo
ses
for
whi
chbo
thm
stiic
ted
and
unre
stri
cted
(cor
rwnl
tte
d,as
sign
ed,
orun
assi
gned
)am
ount
sar
eav
aila
ble.
Sim
liady
, with
inui
’wCs
bict
edfu
ndb
alan
ce,
the
dass
ilca
tion
shou
ldbe
base
don
the
gove
rnm
ent’
sac
coun
ting
polic
ies
rega
rdin
gw
heth
erit
cons
ider
sco
mm
itted
,as
sign
ed,
ortin
assi
gnad
amou
nts
toha
vebe
enSp
ent w
htlfl
anex
pend
itur
eIs
!ncu
rrO
dfo
rpu
rpos
esfo
rw
hich
amou
nts
inan
yof
thos
eL#
iresl
ncte
dfu
ndba
lanó
eda
ssif
icat
idns
dx%
d’be
used
.a
emm
ent d
oes
note
stab
lish
apo
licy
for I
tsu
éof
unre
stri
cted
fund
bala
nce
amou
nts,
itsh
ould
cons
ider
that
com
mitt
edam
ount
sw
ould
bere
chce
dfir
st,fo
llow
edby
assi
gned
amou
nts,
and
(hen
unas
sign
edam
ount
sw
hen
expe
ndit
ures
are
incu
rred
for
purp
oSes
icr
wi*
ham
ount
sin
any
ofth
ose
unre
stri
cted
fund
bala
nce
cias
sifi
catio
rie
coul
dbe
used
.
rho
amou
ntth
atsh
ould
bere
port
edas
pend
abie
fund
bala
nce,
asde
scri
bed
inC.
71gr
aph
6,sh
ould
bede
term
ined
befç
ireci
asg
amou
nts
inth
ere
stri
cted
,co
mm
itte
d.an
das
sign
edfu
ndba
lanc
ecl
assi
fica
tions
,as
disc
usse
din
para
grap
h18
.In
ago
vern
men
tal
fund
othe
rth
anth
ege
nera
lfu
nd,
expe
nditu
res
incu
rred
fora
spec
lfic
purp
ose
mig
htex
ceed
the
amou
nlel
,th
efu
nd.t
hat
are
rest
rict
ed, c
omm
itte
d,an
das
sign
edto
that
purp
ose
andafle
tive
resi
dual
bala
nce
for
that
purp
ose
may
resu
it.If
thato
ccur
s,am
ount
sas
sign
edto
Oth
erpu
rpos
esin
that
fund
shou
ldbe
rOuc
edto
elim
inat
eth
ede
fici
t Ift
here
mai
ning
dot ic
itel
imi
nate
sal
loth
eras
sign
edam
Oun
tsin
the
fund
, or
ifth
emar
eno
Smou
nts
assi
gned
tobt
her’
pur
pose
s,th
ene
gativ
Sre
sidu
alan
toun
tsh
ould
becl
assi
fied
asun
assi
gned
fund
bala
fice
.In
the
gene
ral f
und,
asim
ilar
nega
tive
resi
dual
amou
ntw
ould
have
been
elim
inat
edby
redu
cing
unas
sign
edfu
ndba
lanc
epu
rsua
ntto
the
polic
yd
osc
ribe
din
para
grap
h18
Ane
gati
vere
sidu
alam
ount
shou
ldho
tbe
repo
rted
for
rest
rict
ed,
com
mitt
ed,
oras
sign
edfu
ndba
lanc
esin
any
fund
.
Sta
bili
zati
onar
mn
g.m
ents
20.
Som
ego
vern
men
tsfo
rmal
lyse
tas
ide
amou
nts
for
use,
inem
erge
ncy
situ
atio
nsor
whe
nre
venu
esh
orta
ges
orbu
dget
a,y
imba
lan
ces
aris
e.T
hose
amou
nts
are
subj
ect t
oco
ntr
ols
that
dict
ate
the
circ
umst
ance
sun
der
whi
chth
eyca
nbe
spen
tM
any
gove
rnm
ents
have
for
mal
arra
ngem
ents
tom
aint
ain
amou
nts
for
budg
etor
reve
nue
stab
liiza
tlon,
1w
oddn
git
al
nee
ds.
cont
inge
ncie
sO
rem
ere
ndes,
and
othe
rsl
iNla
dytil
ted
purp
oses
. The
auth
ority
tose
tas
ide
thos
eam
ount
sge
nera
llyco
meS
from
stat
ute,
ordi
nanc
e,re
sohf
flon
, cha
rter
, oro
&ts
titu
tlon.
Sta
bza
tlon
amou
nts
may
beex
pend
edon
lyw
hen
cert
ain
sped
? Ic
curn
stan
ces
edst
.T
hefo
rmal
actio
nth
atim
pose
sth
epa
ram
eter
sfo
rsp
endi
ngSh
beld
iden
tify
and
déSC
iibS
the
spec
ific
circ
usis
tan
Os
unde
rw
hich
‘abe
for
stat
liza
tio
nar
ises
: Tho
seci
rcu
rrta
ncS
Ssh
ould
besu
chth
atth
eyw
ould
not b
eex
pect
edto
occu
rro
utin
ely.
For
exam
j2le
,a
st2bati
on
amou
ntth
atca
nbp
acce
sOd
‘11’
Win
er
genc
y”w
ould
not
qual
ityto
becl
assi
fied
with
inth
eco
mm
itle
dca
tego
rybe
caus
eth
eci
rcum
stan
ces
orco
nditi
ons
that
cons
titut
eap
emer
genc
yar
eho
tsu
ffic
ient
lyde
taile
d.an
dit
isno
tun
like
lyth
atan
“em
erge
ncy”
ofso
me
natu
rew
ould
rout
inel
yoc
cur.
Sim
ilarly
,a
stab
Wza
tion
amou
ntth
atca
nbe
acce
ssed
toof
fset
an“en
ticlp
ated
reve
nue
shor
tfal
l”w
ould
notq
ualit
yun
Iess
.the
shor
tfal
lw
asqu
anti
fied
and
was
ofa
mag
nitu
deth
atw
ould
dist
ingu
ish
itfr
omot
her
ortfaits
that
occu
rdu
ring
the
.ner
mal
cour
seof
gove
rnm
enta
l ope
ratio
ns.
21.
For t
hepu
rpos
esof
repo
rtin
glu
ridba
lanc
e,st
abili
zatio
nis
cons
ider
eda
sped
ttc
pulp
ose,
asdi
scus
sedi
npa
ragr
aphS
. Sta
biliz
atio
nam
ount
ssh
ould
b.
repo
rted
inth
ege
nera
l fun
das
rest
udie
dor
com
mitt
edif
they
mee
t the
ciut
eria
set
fort
hin
parr
ap
lis
8-11
,b
ased
on
ttie
sour
ceof
the
cofl
etra
int
onth
eir
use.
Stab
iliza
tion
ar
rang
emen
tsth
atdo
not
mee
tth
ecr
iteri
ato
bere
port
edw
ithin
the
rest
riCte
dor
com
mitt
edfu
ndba
lanc
ecl
assi
fica
tion
ssh
ould
bere
port
edas
unas
sign
edin
the
gene
ral
fund
.A
stab
iliza
tion
arra
ngem
ent
wou
ldsa
tisfy
the
crite
riato
bere
port
edas
ase
para
tesp
ecia
lre
venu
efu
ndon
ts
ifth
ere
sour
ces
deri
vefr
oma
spec
ific
rest
rict
edor
com
mitt
edre
venu
eso
urce
,as
requ
ired
bypa
ragr
aph
30.
Dis
play
ing
fund
bala
nce
clas
sifI
catI
ons
onth
efa
ceof
the
bala
nce
shee
ts
22.
Am
ount
sfo
rth
etw
oco
mpo
nent
sof
non
spen
dabl
efu
ndba
lanc
e—(a
)no
tin
spen
dabl
efo
rman
d0’
)leg
ally
orco
ntra
ctua
llyre
quir
edto
bem
aint
aine
dIn
tact
—as
desc
ribe
din
par
agr
aph
6,m
aybe
pres
ente
dse
para
tely
,or
non-
spen
dabl
efu
ndba
lanc
em
aybe
pres
ente
din
the
aggr
egat
e.R
estr
icte
dfu
ndba
lanc
em
aybe
disp
laye
din
am
anne
rth
atdi
stin
guis
hes
be
twee
nth
em
ajor
rest
rict
edpu
rpos
es,
orit
may
bedi
lspt
ayed
inth
eag
greg
ate.
Sim
ilarly
, Spe
cific
purp
oses
info
rmat
ion
for
com
mitt
edan
das
sign
edfu
ndba
lanc
esm
aybe
ctep
laye
din
suf I
tde
ntde
tail
soth
atth
em
ajor
com
mitm
ents
and
assi
gnm
ents
are
evid
ent t
oth
efi
nanc
ialst
ate
men
tus
er,
orea
chcl
assi
fica
tion
may
bed
ispl
ayed
inth
eag
greg
ate.
Fund
aala
nce
DIs
clo
sure
s
Fund
bala
nce
clas
sifi
catio
npo
licie
san
dpre
c.dw
es
23.
Gov
ernm
ents
shou
lddi
sclo
seth
efo
llow
ing
abou
tth
eir
fund
bala
nce
clas
sifi
catio
npo
licie
san
dpr
oced
ures
inth
eno
tes
toth
efi
nanc
ial
stat
emen
ts:
a.Fo
rco
mm
ifte
dfun
dba
lanc
e:(1
)th
ego
vern
men
t’s
high
est
leve
lof
deci
sion
-mak
ing
au
thor
ityan
d(2
)th
efo
rmal
actio
nth
atis
isqu
ired
tobe
take
nto
esta
blis
h(a
ndm
odif
yor
resc
ind)
afu
ndba
lanc
eco
mm
itmen
tb.
For
assi
gned
fund
bala
nce:
(1)
the
body
orof
ficia
lau
thor
ized
toas
sign
amou
nts
toa
spec
ific
pu
rpo
sean
d(2
)th
epo
licy
esta
bli
shed
byth
ego
vern
ing
body
purs
uant
tow
hich
that
auth
oriz
atio
nis
give
nc.
For t
hecl
assi
fica
tion
offu
ndba
lanc
esin
ac
cord
ance
with
para
grap
h18
:(1)
whe
ther
the
gove
rnm
ent
cons
ider
sre
stri
cted
orun
rest
rict
edam
ouri
tsto
have
been
spen
twhe
nan
expe
nditu
reIs
incu
rred
for
purp
oses
for
whi
chbo
thre
stri
cted
and
unre
stri
cted
fund
bala
nce
Isav
aila
ble
and
(2)w
heth
erco
mm
itte
d,as
sign
edor
unas
sign
edam
ount
sar
eco
nsid
ered
toha
vebe
ensp
entw
hen
anex
peri
citu
reis
incu
rred
for
purp
oses
for
whi
ch
Rep
ort
ing
ncu
mbra
nce
s
24.
For
gove
rnm
ents
that
use
encu
mbr
ance
acco
untin
g,si
gnif
ican
ten
cum
bran
ces
shou
ldbe
disc
lose
din
the
note
sto
the
finan
cial
stat
em
ents
bym
ajor
fund
sar
idno
nmaj
orfu
nds
inth
eag
greg
ate
inco
njun
ctio
nw
ithre
quir
eddis
clo
sure
sab
out
othe
rsi
gnif
ican
tco
mm
itm
ents
.E
ncu
mbe
ting
amou
nts
for
spec
ific
purp
oses
for
whi
chre
sour
ces
alre
ady
have
been
rest
rict
ed,
com
mit
ted,
oras
sign
edsh
ould
not
resu
ltIn
sep
arat
edi
spla
yof
the
encu
mbe
red
amou
nts
wit
hin
those
clas
sifI
catI
ons.
Enc
umbe
red
amounts
for
spec
ific
purp
ose
sfo
rw
hich
amou
nts
have
not
been
prev
ious
lyre
stri
cted
,co
mm
itted
, or a
ssig
ned
shou
ldno
t be
clas
sifi
edas
unas
sign
edbu
t,ra
ther
,sh
ould
bein
clud
edw
ithin
com
mitt
edor
assi
gned
fund
bala
nce,
asap
prop
riat
e,ba
sed
onth
ede
fini
tions
and
crite
ria
inpa
ragr
aphs
10-1
6.
Det
ails
of
fun
dba
lanc
ecl
assi
fica
tion
sdis
pla
yed
Inth
eag
greg
ate
25.
Itno
nspe
ndab
lefu
ndba
lanc
eis
disp
laye
din
the
aggr
egat
eon
the
face
ofth
eba
lanc
esh
eet,
amou
nts
for
the
two
nons
pend
able
com
pone
nts
shou
ldbe
disc
lose
din
the
note
sto
the
fina
ncia
lst
atem
ents
.It
rest
rict
ed,
com
mit
ted,
oras
sign
edfu
ndba
lanc
esar
edi
spla
yed
inth
eag
greg
ate,
spec
ific
purp
oses
info
rmat
ion,
asre
quir
edin
para
grap
h22
,sh
ould
bedi
sclo
sed
inth
eno
tes
toth
efi
nanc
ial
stat
emen
ts.
Gov
ern
men
tsm
aydi
spla
yth
esp
ecif
icpu
rpos
ede
tails
for
som
ecl
assi
fica
tion
son
the
face
ofth
ebal
ance
shee
t,as
disc
usse
din
para
grap
h22
,an
ddi
sclo
seth
ede
tails
for
othe
rcl
assi
fica
tions
inth
eno
tes
toth
efi
nanc
ials
tate
men
ts.
26.
Gov
ernm
ents
that
esta
blis
hst
abili
zatio
nar
iwig
emei
Ss, n
dat
arra
ngem
ent d
oes
ixt
mee
t
the
aite
dato
becl
assi
fied
asre
sitid
ied
orccns
ted,
strc
xid
ded
ose
the
follo
win
gir
dom
iatio
nin
the
note
sto
the
fina
ncia
lme:
a.T
heau
thor
ity
for
esta
blis
hing
stab
iliz
atio
nar
rangem
ents
(for
exam
ple,
byst
atut
eor
ordi
nanc
e)b.
The
requ
irem
ents
for
addi
tion
sto
the
stab
ili
zati
onam
ount
Am
d8als
nc.R
epoand
Gov
sira
men
tal F
und
Typ
Def
init
ions
GA
SBS5
4
amou
nts
inan
yof
tho
seun
rest
rict
edfu
ndba
lanc
eda
sslf
icat
ions
coul
dbe
used
.
me
S*nw
*,
the
lein
sth
ldu
sne
used
tote
45il
o1on*sa
se.e
rs,e
s5
ion
,bu
dget
aty
slab
V
1178
6.1
1787
GA
SB
S54
GA
GS
Sta
toth
en
tofS
iderd
sG
AS
BS
54
27.
ifaggbaslo
rmaly
erl
op
ted
am
inim
umfu
ndba
lanc
epo
licy
(for
exam
ple,
Inlie
uof
sepa
rate
lyse
ttin
gas
ide
stab
iliz
atio
nam
ount
s),
the
gove
rnm
ent
shou
ldde
scri
beIn
the
note
sto
itsfi
nanc
ial
stat
emen
tsth
epo
licy
esta
blis
hed
byth
ego
vern
men
tth
atse
tsfo
rth
the
mI*
nu
amow
t
GO
wi7
men
taI F
und7e
Def
krft
lons
26.
Gov
ernm
enta
lfu
ndty
pesi
nclu
deth
eg
enor
alfu
nd,s
peci
alre
venu
efu
nds,
capi
tal p
roje
cts
fund
s,de
btse
rvic
efu
nds,
and
perm
anen
tfu
nds,
asdi
scus
sed
inpa
tagr
aphs
29-3
5.
“ia
gene
ref f
und
shou
ldbe
used
oac
coun
td
repo
rtal
lfi
nanc
ial
reso
urce
sno
tac
idfo
r and
repo
rted
inan
othe
r fun
d.
.pb.U
WB
flU
efu
nd
s
30.
Spec
ial
reve
nue
fund
sar
eus
edto
a(o
un
tfo
ran
dre
port
the
proc
eeds
ofsp
ecif
icre
venu
eso
ces
that
are
rest
rict
edor
corn
mltt
ed.to
exper
dti
refo
rspe
cifi
edpu
rpos
esot
hert
han
debt
serv
ice
orca
pita
l per
4ect
s.T
hete
rmpr
ocse
cts
ofsp
ecre
ysn
ues
ourc
eses
láblI
shes
that
one
orm
ore
spec
ific
rest
rict
edor
com
mitt
edre
venu
essh
ould
beth
efo
unda
tion
for
asp
ecia
lre
venu
efu
nd.T
hose
spec
ific
rest
rict
edor
com
mitt
edre
ven
ues
may
bein
itial
lyre
ceiv
edin
anot
her
fund
and
siA
iseq
uent
lydi
stri
bute
dto
asp
ecia
lre
ven
uefu
nd.T
hose
amou
nts
shou
ldno
tbe
reco
gni
zed
asre
venu
ein
the
fund
initi
ally
rece
ivin
gth
em;
how
ever
,tho
seitl
tow
ssh
ould
bere
cog
nize
das
reve
nue
inth
esp
ecia
lrev
enue
fund
Inw
hich
they
wil
beex
pend
edin
acco
rdan
cew
ithsp
ecif
ied
pu
rpose
sS
peci
alre
venu
efu
nds
shou
ldno
tb
eus
edto
acco
unt
for
reso
urce
she
ldIn
trus
tfo
rin
divi
dual
s,pr
ivat
eorg
aniz
atu
e.
orot
her g
over
nmen
ts.
31.
The
rest
rict
edor
com
mit
ted
proc
eeds
ofsp
ecif
icre
venu
eso
urce
ssh
ould
beex
pect
edto
cont
inue
toco
mpr
ise
asu
bsta
ntia
l por
tlen
ofth
ein
flow
sre
port
edin
the
fund.
2O
ther
reso
urce
s(am
ings*id
1renste
mram
sthe
rfu
nds,
fore
xam
ple)
also
may
bere
port
edin
tIle
fund
ifth
ose
reso
urce
sar
ere
stri
cted
,co
rrw
Nt
ted,
oras
alge
odto
the
spec
ifie
dpu
rpos
eof
the
fund
.G
ovem
men
ts’&
iotid
disc
ontin
uere
port
ing
asp
ecla
frev
etlu
efu
nd,
and
inst
ead
repo
rtth
efu
nd’s
rem
aini
ngre
sourc
esin
the
gene
ral
fund
, If t
hego
vern
men
t no
long
erex
pect
sth
ata
subs
tant
ial p
ortio
nof
the
lilfio
wew
lildee
’1m
rnre
stri
cted
orco
osl’
iitt
edre
venu
eso
urce
s.
32.
Gov
ernm
ents
shou
lddi
sclo
sein
the
note
sto
the
fnan
cial
stat
emen
tsth
epu
rpos
efo
r çac
fim
a)or
spec
ial
reve
nue
fund
—4d
entif
’,4ng
whi
chre
vsas
and
othe
rre
sour
ces
are
repo
rted
inea
chof
thos
etu
nd.
Cppic
tafun
33.
Cap
ital
proj
ects
fund
sb
use
dto
acco
unt
for
and
repo
rtfi
nanc
ial
reso
urce
sth
atar
ere
stri
cted
,co
rnrr
Mtta
d;or
aseg
ned
toex
perd
itir
efo
rca
pita
lou
tlays
,in
clud
ing
the
acqt
islt
ion
orco
nstr
uctio
nof
Oap
itál t
adhi
tlesa
nddi
hot c
apita
las
sets
.C
apita
lpr
ojec
tsfu
nds
excl
ude
thos
ety
pes
ofca
pita
l-re
late
dou
tflow
sfi
nanc
edbypic
prié
tary
fund
sor
far
asse
tsth
atw
illbe
held
Intr
ust
for
Indi
vidu
als,
pdva
te’o
rgan
izat
lons
,or
othe
r gov
ernm
ents
.
Deb
t dse
fund.
34.
Deb
tse
rvic
efu
nds
arw
used
toac
coun
tfor
and
repo
rtfi
nanc
ial
reso
urc
esth
atar
ere
stri
cted
,co
mm
itted
,or
assi
gned
toex
pend
iture
for
prin
cipa
lan
dIn
tere
st.
Deb
tse
rvic
efu
nds
shou
ldbe
used
tore
port
reso
urce
sif
lega
llym
anda
ted.
Fina
ncia
lre
sour
ces
that
are
bein
gac
ctem
late
dfo
rpr
inci
pala
ndin
tere
stm
atur
ing
infu
ture
year
sal
sosh
ould
bere
port
edin
debt
sece
kind
s.
Pennanñin
ds
35.
Per
man
ent
fund
ssho
Uld
beus
edtO
acco
unt f
orah
drep
ortr
esou
rces
that
are
test
rict
edto
the
exte
ntth
aton
lyea
rnin
gs,
and
riotp
rinc
ipa
l,m
aybe
used
forp
urØ
oses
that
supp
ort t
he
repo
rtin
ggo
vern
men
t’s
prog
ram
s—th
atis
,fo
rth
ebe
nefi
tof
the
gove
rnm
ent
orits
citiz
enry
.P
erm
anen
tfu
nds
dono
tin
clud
epr
ivat
e-pu
rpos
etr
ust f
unds
, whi
chsh
ould
beus
edto
repo
rtsi
tuat
ions
iiw
hich
the
gove
rnm
ent
Isre
quir
edto
use
the
prin
cipa
lor
earn
ings
for
the
bene
fit
ofin
divi
dual
s,pr
ivat
eor
gani
zatio
ns,
orot
her g
ovem
men
te.
EFF
EC
TIV
ED
ATE
AN
DT
RA
NS
ON
36.
The
requ
irem
ents
ofth
isS
tate
men
tar
eef
fect
ive
for f
inan
cial
stat
emen
tsfo
r per
iods
be-
App
endi
xA
BA
CK
GR
OU
ND
37.
Apr
ojec
ton
fund
bala
nce
repo
rtin
gw
asm
iha
ted
byth
eG
ASB
inA
ugus
t20
02.
Con
cern
sw
ere
expr
esse
dto
the
GA
SBth
atso
me
user
sof
gove
rnm
enta
lfi
nanc
ial
info
rmat
ion
wer
eun
clea
rab
out
the
dist
inct
ions
betw
een
rese
rved
and
unre
serv
edfu
ndba
lanc
esan
dth
ere
lati
onsh
ipbe
twee
nre
serv
edfu
ndba
lanc
esan
dre
stri
cted
net
asse
ts,
the
latte
rof
whi
chw
asfir
stre
quir
edto
bere
port
edby
Sta
tem
ent
No.
34,
Bas
icF
inan
cial
Sta
tem
ents
—an
dM
anag
em
ent’
sD
iscu
ssio
nan
dA
naty
sis—
forS
tate
and
Laos
.)G
oven
wne
nts.
38t
At
itsIn
itial
stag
e,th
epr
ojec
tal
soen
com
pass
edan
issu
ere
gard
ing
the
dete
rmin
atio
nof
ginn
ing
afte
rJu
ne15
,201
0.Ea
rlyim
plem
enta
tion
isen
cour
aged
.Fu
ndba
lanc
ere
clas
sifi
catio
nsm
ade
toco
nfor
mto
the
prov
isio
nsof
this
Stat
emen
t sho
uld
beap
plie
dre
troa
ctiv
ely
byre
stat
ing
fund
bala
nce
for
all
prio
rpe
riod
spre
sent
ed.
Cha
nges
toth
efu
ndba
lanc
ein
form
atio
npr
esen
ted
ina
stat
istic
alse
ctio
nm
aybe
mad
epr
ospe
ctiv
ely
alth
ough
retr
oact
ive
appl
ica
tion
isen
cour
aged
.If t
hein
form
atIo
nfo
r pre
viot
isye
ars
isno
tre
stat
ed,
gove
rnm
ents
shou
ldex
plai
nth
ena
ture
ofth
edi
ffer
ence
sfr
omth
epn
oin
form
atio
n.
net
asse
tre
stri
ctio
nsre
sulti
ngfr
omen
abli
ngle
gisl
atio
n.R
esea
rch
onbo
thth
ene
tass
etan
dfu
ndba
lanc
eIs
sues
was
cond
ucte
din
2003
.S
epar
ate
surv
eys
offin
anci
alst
atem
entp
repa
rer
san
duse
rspr
oduc
eda
tota
lof
170
resp
oris
es.T
heG
ASB
also
revi
ewed
the
fund
bal
ance
info
rmat
ion
inth
eau
dite
dfi
nanc
ial
stat
emen
tsof
191
gove
rnm
ents
that
repo
rtgo
ver
nmen
tal
fund
san
dha
dim
plem
ente
dS
tate
men
t 34
atth
attim
e.T
hose
finan
cial
stat
emen
tsw
ere
sele
cted
atra
ndom
from
the
GA
SB’s
fina
ncla
lre
port
repo
sito
ryan
din
clud
ed12
7gen
eral
purp
ose
loca
lgo
vern
men
ts, 3
5ge
nera
lpur
pose
coun
tygo
vern
men
ts,
and
29sc
hool
dist
rict
sT
here
sult
sof
that
rese
arch
wer
eco
mp
lem
ente
db
yth
efi
ndlti
gsof
two
othe
r
c.T
heco
ndit
ions
unde
rw
hich
stab
iliz
atio
nam
ount
sm
aybe
spen
td.
The
stab
iliza
tion
bala
nce,
ifno
t app
aren
ton
the
face
ofth
efi
nanc
ials
tate
men
ts.
Fu
nd
Bal
ance
Rep
orth
rgan
dG
over
nmen
talF
und
T,p
eD
efin
itio
ns
The
pro
vis
ions
ofth
isS
tate
men
tnee
dno
tb
eap
plie
dto
Imm
ater
ial
item
s.
This
Sta
tem
ent
wes
adop
ted
byth
eaf
fl,’r
nath
’evo
tes
ofsi
xm
embe
rsof
the
Gov
ernm
enta
l Ac-
—St
anda
rds B
oard
.Mr
VvlT
ham
sdis
sent
ed.
Mem
bers
ofth
eG
over
nmen
talA
cuju
nhin
gSt
anda
rds
Boa
,tf:
Rob
ert H
. Attm
ore,
Cha
irm
anM
icha
el0.
Bel
sky
Whh
ianiW
.Hol
der
Jari
l.Syl
vis
Mar
cia
LTa
ylor
Ric
hard
C.T
racy
Jam
esM
.Will
iam
s
2arrIgenw
thar
ek-
M&
ylr
iide
dw
Ihre
edgm
nt?aera
the
cori
side
retlo
nny
eltw
thoee
rese
leed
rec0
us
cont
inue
locars
ise
aese
port
Ion
01th
efw
dr*
rth
eti
rid’
sblc
eiee
1178
811
789
GA
SBS
54G
ASB
Sta
fem
ento
fstE
nd
aro
fsG
ASB
S54
stud
ies—
inte
rvie
ws
with
fina
ncia
l sta
tem
ent u
ser
sco
nduc
ted
for t
heG
ASB
byDr
.Gilb
ert C
iat
in20
00,
and
the
GA
SB
sst
udy
ofth
ein
form
slio
nne
eds
ofus
ersi
n20
05.
39.
The
GA
SS’s
rese
arch
indi
cate
sth
atfu
ndba
lanc
eis
one
ofth
em
ost
univ
ersa
Ii,
used
piec
esof
gove
rnm
enta
lfm
anI
lrifà
rmaf
Ion
bya
very
dive
rse
com
mun
ityof
user
s,in
clud
ing
mun
icip
alan
alys
tsat
rati
ngag
enci
esd
mu
tual
fund
s;ta
xpay
eras
soci
atio
ns;
legI
slat
ors
and
legi
slat
iveffatthe
coun
tyan
dlo
cal I
ovet
san
dth
em
acha
.In
gene
ral,
fund
bal
ance
Isea
rmki
edas
part
ofan
effo
rtto
iden
tify
reso
urce
sth
atam
liqui
dar
idav
aila
ble
tofm
ance
apa
rtic
uiar
activ
itypr
ogra
m, o
r pro
ject
Mun
ici
pal
anal
ysts
,fo
rex
ampl
e,as
sess
agover
nm
ont’
sab
ility
toca
llup
onre
ady
reso
urce
sit
need
edto
repa
ylo
ng-t
erm
debt
. How
ever
, the
rear
eco
nsid
erab
ledi
ffer
ence
sin
the
way
that
us
ers
inte
rpre
t fun
dba
lanc
ein
form
atio
nan
dw
ide
spre
adco
nfus
ion
abot
the
natu
reof
the
info
rm
atio
nan
dth
ere
port
ing
requ
irem
ents
with
inth
ege
nera
llyac
cept
edac
coun
ting
prin
cipl
es(G
AA
P)fo
r sta
tean
dlo
cal g
over
nmen
ts.
The
GA
SB’s
rese
arch
eisa
reve
aled
issu
es
,-%J
igot
hcan
llyaf
fect
the
usaf
i*ie
ssof
fund
hal
*n
nati
for m
eetin
gus
erne
eds.
Itis
evi
that
som
ego
vern
men
tsre
port
rese
rved
turd
bala
nce
that
man
yw
oha
veco
ndud
adsh
otid
have
been
prcp
eity
repo
rted
asun
rese
rved
. iN
sdi
ffer
ence
ofcp
ifon
iipio
eo
x*
bebecaie
repart
sdG
MP
aeundeeç
orb
ecai
seth
egu
idin
gpr
onou
ncem
ent
inqu
esti
on—
Nat
iona
lC
ounc
ilon
Gov
ernm
enta
lA
ccou
ntin
g(N
CG
A)
Se,m
ie1,
GnenefA
u*rg
an
dP
inR
epot
*vjA
*-w
as
30ye
ars
old,
and
sorr
.eofe
r*io
risb
evenc(b
eenpass
aci
abig
tone
wer
gene
ratk
,ns
offk
wid
alst
atem
ent
parp
arer
san
daudib
Rag
aide
ssof
the
reas
on,
the
unev
enap
plic
atio
nof
thes
est
anda
rds
can
mal
eitc
hffW
tfor
user
sto
iden
tify t
heam
ount
cfre
sour
cesth
atIufyaIa
Th
issl
tlo
nis
exac
ert,a
ted
byfere
*om
gcrv
eirn
wtt
om
mei
lti,
them
&lo
ck,u
sedfo
e$h
fijn
db
ax
ere
serv
atio
nsan
dby
aik
tcld
my
betw
een
gove
rnm
ents
that
veiL
1ta
yre
port
dssl
gnaf
ions
offu
ndbw
idif
iose
Uta
tda
not C
deq
uen
lly
som
efu
ndba
taic
eiri
tom
iatl
onm
ayno
t be
suita
ble
for
41.
Bas
edon
thes
efl
edin
gs,
the
proj
ect
was
mov
edto
the
GA
SB’s
curr
ent a
gen
da
inD
ece
mbe
r20
03,
and
deli
bera
tion
sbe
gan
inJa
nu
sty
2004
.In
,Jun
e20
04,
the
GA
SS
deci
ded
topu
rsue
addi
tiona
lre
sear
cho
fund
bala
nce
repo
rtin
gan
dcr
eate
da
sepa
rate
proj
ect
onth
enet
asse
t Iss
uea.
The
net a
sset
repo
rtin
gpr
ojec
tul
timat
ely
led
toth
eis
suan
ce,
InD
ecem
ber
2004
,of
Sta
tem
ent
No.
46;
Net
Ass
ets
Re
scfe
db
yE
nab
thig
Le,
Jatj
o,
42.
The
obje
ctiv
esof
the
kind
bala
nce
repo
rtin
gpr
ojec
t wer
eto
cons
ider
whe
ther
repo
rtin
gre
quir
emen
tsre
late
dto
fund
bal
ance
ad
eqia
rtel
ym
etth
ene
eds
offi
nanc
ial
stat
emen
tus
ers
and
toco
ntem
plat
epo
tent
Ial c
hang
esth
atw
ould
impr
ove
the
usef
ulne
ssof
fund
bala
nce
info
rmat
ion.
Bec
ause
itw
asap
pare
ntth
atth
equ
ality
offu
ndba
lanc
ein
form
atio
nis
affe
cted
byth
ety
pes
offu
nds
inw
hich
reso
urce
sar
ere
port
edan
dby
the
circ
umst
ance
sun
der
whi
chre
sour
ces
flow
betw
een
hind
s,th
epr
ojec
tal
soco
nsid
ered
clar
ific
atio
nsto
the
defi
nitio
nsof
gove
rnm
enta
l fun
dty
pes.
43.
Fort
yin
terv
iew
sw
itha
mbc
twe
ofty
pes
ofus
ers
wer
eco
nchj
c*ed
onfu
ndba
lanc
eis
sues
Inth
ela
tterh
afl o
f 200
4.T
hein
teM
ows
soug
htan
swer
sto
fund
amen
tal
ques
tion
ssu
chas
wha
tfu
ndba
lanc
ein
form
atio
nw
asus
edto
rw
hat
part
sof
fund
bala
nce
wer
em
ost
impo
rtan
t,w
hat t
hepe
rcei
ved
prob
lem
s wer
ein
usin
gfu
ndba
lanc
èlnf
omia
tion,
and
wha
t pre
fere
nces
exis
tre
gard
ing
how
Mid
bala
nce
shou
ldbe
repo
rted
.A
lthou
ghth
ein
terv
iew
subj
ects
offe
red
ava
riet
yof
reas
ons
why
they
use
fund
bala
nce
info
rma
tion,
thei
ran
swer
sm
aybe
dist
illed
asfo
llow
s:U
sers
wan
tto
asse
ssa
gove
rnm
ent’
sfi
nanc
ial
flexi
bhut
yor
liqu
idly
spec
ific
ally
asit
rela
tes
toth
eav
aila
bilit
yof
curr
ent
fina
ncia
lre
sour
ces.
How
ever
,man
yex
pres
sed
frus
trat
ion
inth
eire
tfo
rts
tom
ake
that
asse
ssm
ent
for
seve
ral
rea
sons
,ind
udin
gdi
ffer
ence
sin
the
fund
sth
atgo
ver
nm
ents
Cho
ose
tore
port
and
impe
rfec
tun
ders
tand
ing
amon
gus
ers
offu
ndba
lanc
ete
rmin
olog
y
44.
Follo
win
gco
mpl
etio
nof
this
ph
ase
ofre
sear
ch,
disc
ussi
ons
offu
ndba
lanc
eIs
sués
fesu
med
inJu
ly20
05.
Ove
rth
een
suin
g15
mon
ths,
the
GA
SSex
amin
edth
ein
form
atio
nan
dfe
edba
ckco
llect
edfr
omits
rese
arch
and
deve
lope
dan
Invi
tatio
nto
Com
men
t,F
und
Bal
ance
Rep
ortin
gan
dG
over
nmen
tal
FUnd
Type
Def
initi
ons,
toso
licit
cons
titu
ents
’vle
ws
and
pref
eren
ces
ona
vari
ety
ofIs
sues
.E
adin
the
GA
SB’s
disc
ussi
ons
lead
ing
toth
eIn
vIta
tion
to
Ccm
me
the
Boa
rdde
tem
ikie
dth
atad
dre
ssri
gfu
ndba
lanc
eIs
sues
wou
ldre
quir
eno
tonl
yim
prov
ing
the
cate
gori
esin
whi
chfu
ndba
lanc
ew
aspr
esen
ted
onth
eba
lanc
esh
eet
but
also
clar
ifyin
gth
em
eanl
ng.o
fth
efu
ndty
peda
finl
lion
sth
atgo
vern
edw
hat
reso
urce
sar
ere
port
edIn
the
vari
ous
type
sof
gove
rnm
enta
lfu
nds.
As
are
sult,
the
Invi
tatio
nto
Com
men
tco
nsid
ered
two
dist
inct
butc
ompl
emen
tary
ap
proa
ches
toim
prov
ing
fund
bala
nce
info
rma
tion.
itdi
scus
sed
poss
ible
clar
ific
atio
nsof
the
defi
nitio
nsof
gove
rnm
enta
lfu
ndty
pes,
and
Itpr
esen
ted
alte
rnat
ive
met
hods
ofca
tego
rizi
ngan
dre
port
ing
the
com
pone
nts
offu
ndba
lanc
e.
45.
Ata
skfo
rce
was
asse
mbl
edco
mpr
isIn
g13
pers
ons
broa
dly
repr
esen
tati
veof
the
GA
SB’s
cons
titue
ncy.
The
task
forc
em
embe
rsre
view
edan
dco
mm
ente
don
pape
rspr
epar
edfo
rth
eB
oard
’sde
libe
rati
ons
and
onpr
elim
inar
yv
ersi
ons
ofth
elrr
vita
tion
toC
omm
ent
and
the
sub
sequ
ent
Exp
osur
eD
raft,
Fund
Bal
ance
Rep
ort
ing
arid
Gov
ernm
enta
lFun
dTy
peD
efin
ition
s.in
addi
tion,
atse
vera
lst
ages
ofth
epr
ojec
t,In
put
was
soug
htfr
omth
eG
over
nmen
talA
ccou
ntin
gS
tand
ards
Adv
isor
yC
ounc
il.
46.
The
Invi
tatio
nto
Com
men
twas
mad
eav
ail
able
inO
ctba
r20
06.
Nin
ety-
five
resp
onse
sw
ere’
reca
ived
.The
com
men
tsan
dsu
gges
tions
fràm
the
àrga
niza
tlons
and
indi
vidu
als
that
resp
onde
dto
the
Invi
tatio
nto
Com
men
tco
ntri
but
edto
the
Boa
rd’s
del
erat
ions
lead
ing
toth
eis
suan
ceof
anE
xpos
ure
Dra
ftof
prop
osed
stan
dard
sIn
4prM
2006
.
47;
FB
iati
ette
isw
ere
aica
ived
inre
spor
we
toth
eE
xpos
ure
Dra
ftan
deI
giit
irdv
kkja
isor
Org
aniz
atio
nste
ittlff
edat
apu
blic
hear
ing
held
inK
ansa
sCi
ty,
Mis
sour
iin
July
2008
.Tw
enty
-sIx
gove
rn-
man
ia,c
ompo
sed
of5ses,
8co
untie
S,10
dtie
s,an
d3
spec
ialc
hstri
osvo
luite
ered
tofie
ldte
stth
epr
opos
edan
cled
.is
sues
rais
edby
the
resp
ond
Sla
tan
dfie
ldte
stp
ert
iert
sar
erL
q,
hA
p
per
scB
Sfo
rCord
jsio
rs.
App
endI
xB
BA
SIS
FOR
CO
NC
UJS
ION
SA
ND
BO
AR
DM
EMB
ERD
ISSE
NT
.
49.
Thr
ough
outt
heea
rly
stag
esof
the
disc
ussi
oris
lead
ing
toth
eIn
vita
tion
toC
omm
ent,
the
Boa
rdw
asde
term
ined
tolim
itth
esc
ope
ofth
epr
ojec
tto
only
fund
bala
nce
clas
sifi
catio
nan
ddi
spla
yis
sues
.U
ltim
atel
y,ho
wev
er,
the
Boa
rdw
aspe
rsua
ded
that
apa
thfo
rwar
dto
war
dso
lvin
gth
efu
ndba
lanc
ere
port
ing
issu
esm
ight
in-
dude
impr
ovin
gth
eco
nsis
tenc
yin
how
gove
rnm
enta
lfu
ndty
pos
wer
ere
port
ed.
How
ever
,ra
ther
than
taki
nga
“dea
nsh
eet
ofpa
per’
ap
proa
ct,
toth
ede
fini
tions
ofth
esp
ecia
lre
venu
efu
ndty
pe,
capi
tal
proj
ects
fund
type
,an
dde
btse
rvic
efu
ndty
pe,
the
Boa
rdco
nclu
ded
that
fund
bala
nce
repo
rtin
gis
sues
coul
dbe
ad
dres
sed
bycl
arif
ying
,or
inte
rpre
ting,
cert
ain
term
sw
ithin
fund
type
defi
nitio
nsat
this
time.
Som
ere
spon
dent
sto
the
Invi
tatio
nto
Com
men
tan
dto
the
Exp
osur
eD
raft
ques
tione
dw
heth
erex
pand
ing
the
scop
eto
also
cons
ider
fund
type
defi
nitio
nsw
asap
prop
riat
ew
ithin
the
cont
exto
f“f
und
bala
nce
repo
rtin
g,”
whi
leot
hers
qu
esti
onS
dth
ead
equa
cyof
ali
mit
ed-s
cope
ap
proa
chto
mod
ifyin
gfu
ndty
pede
fini
tions
.
50.
Eac
hof
the
vari
ous
alte
rnat
ive
mod
ific
a
tions
toth
ede
fini
tions
ofth
ego
vern
men
talf
und
type
spr
opos
edin
the
Invi
tatio
nto
Com
men
tw
ould
have
resu
lted
inso
me
leve
lof
chan
gein
the
prac
tice
sfo
llow
edby
man
ygo
vern
men
ts,
espe
cial
lyw
ithre
gard
tore
port
ing
spec
ial
rev
enue
fund
s.T
heB
oard
cons
ider
edth
eco
nce
rns
expr
esse
dab
out
the
proj
ect
scop
eto
get
her
with
oth
erco
mm
ents
from
tho
sere
spon
dent
sth
atdi
dno
tsu
ppor
tth
epr
opos
edm
odif
tions
toth
ede
fini
tions
bec
ause
ofth
epo
tent
ial.t
orsi
gnifi
cant
chan
ges
inpr
actic
e.W
ithth
ose
conc
erns
inm
ind,
the
Boa
rdco
ntin
ued
tode
libe
rate
the
poss
ibili
tyof
amen
ding
orcl
anly
ing
the
exis
ting
defi
nitio
nsof
the
spec
ial
rev
enue
fund
type
,ca
pita
lpr
ojec
tsfu
ndty
pe,
and
debt
serv
ice
fund
type
.In
the
end,
how
ever
,th
eB
oard
decl
ined
toal
ter
the
exis
ting
fund
type
defi
nitio
nsin
way
sth
atw
ould
gene
rall
yim
pose
mor
ere
stri
ctiv
ein
terp
reta
tion
sre
gard
ing
ther
e-so
urc
esth
atm
aybe
repo
rted
inth
ose
fund
Fuf
ldB
alan
ceR
epo
rtin
gan
dG
over
nm
enta
lFun
d7)
rpe
Def
init
ions
ofal
larn
tves
,.JJF
.,kle
wd
end
the
Boa
rd’s
reas
ons
fore
ccap
ling
exii
eai
dre
jedk
othe
rs.
hdvi
diia
lB
oald
mar
cher
sm
ayha
vegv
angr
eete
rwei
ght t
oso
meis
than
toot
hers
.
Bas
isfo
rC
oncl
usi
ons
Sco
pean
dApp
llca
bill
fy
‘IV
I(
P.A.
..r.8
5tl
5.c
onsi
defo
dsl
grit
fica
itby
the
Bee
rdm
ente
rsin
iear
l*.g
the
conc
lusi
ons
inth
eS
tete
men
tItI
nd
ud
osm
1179
011
791
GA
SBS
54G
ASB
Sta
tsnt
ont o
fSta
ndar
ds
type
sbe
yond
wha
twas
otig
inal
ypr
ovid
edfo
rin
NC
GA
Sta
tem
ent
1(b
utno
talw
ays
follo
wed
inpr
actic
e).
The
Boa
rdco
ndud
edth
atan
yd
el
erat
ions
that
coul
dlo
adto
mor
esu
bsta
ntiv
ech
ange
sto
the
fund
type
defi
nitio
nssh
ould
com
edn
lyaf
ter a
broa
derr
eexa
min
atio
nof
gov
ernm
enta
l hin
dre
port
ing.
Fun
dB
alan
ceR
epor
ting
The
alte
rnat
ive
mod
els
Infh
htvI
tafS
onto
com
men
t
51.
The
Invi
tatio
nto
Com
men
t pre
sent
edth
ree
aite
rati
vem
odel
sfor
repo
rting
fund
bala
nce
info
rmat
ion.
Mod
elA
pres
erve
dth
eex
istin
gfu
ndba
lanc
eco
mpo
nent
s(r
eser
ved,
unre
serv
ed,
desi
gnat
ed)
but
inco
rpor
ated
chan
ges
toth
eir
defi
nitio
nsto
addr
ess
mis
conc
eptio
nsan
din
cons
iste
ncie
sid
entif
ied
Inth
eG
ASB
’sre
sear
ch.
The
two
othe
rm
odel
s,B
and
C,
feat
ured
alte
rna
bve
title
sfo
rth
eir
hind
bala
nce
com
pone
nts
and
focu
sed
ondi
ffer
ent
aspe
cts
offu
nd
baJ
ance
.M
odel
Bm
ade
anin
itial
dist
inct
ion
be
twee
nre
sour
ces
that
are
avai
labl
efo
r‘ap
pro
iian
dth
ose
that
are
not.
With
inth
e0
0Io
for
appr
opri
atio
nca
tego
ry.
Mod
elB
00
‘dis
tIng
uish
edbe
twee
nam
ount
sth
atar
ett
edto
spec
ific
uses
(nar
row
erth
anth
ehi
nd’s
purp
ose)
and
thos
eth
atar
eav
aila
ble
for
any
purp
ose
ofth
eM
dM
odel
Cdi
stin
guis
hed
betw
een
rest
rict
edan
dun
rest
rict
edfu
ndbat
aric
es,
usin
gth
ede
fini
tion
ofre
stri
cted
from
para
grap
h34
ofSt
atem
ent 3
4,as
amen
ded.
52.
Eac
hof
the
thre
em
odel
sre
ceiv
edsu
ppor
-tfr
omth
ere
spon
dent
sto
the
Invi
tatio
nto
Com
men
tM
any
resp
onde
nts
indi
cate
da
pref
eren
cefo
rM
odel
Afo
rre
ason
sin
clud
ing
(a)
they
be
lieve
the
mos
tapp
ropr
iate
appr
oach
wou
ldbe
tocl
arify
the
mea
ning
sof
the
exis
ting
com
pone
nts
offu
ndba
lanc
ean
ded
ucat
eco
nstit
uent
sab
out
thos
ene
wly
clar
ifie
dco
mpo
nent
san
d)t
hey
belie
veth
atit
wou
ldbe
adva
ntag
eous
tore
tain
fam
iliar
term
inol
ogy
and
that
the
intr
oduc
tion
ofne
wte
rms
wou
ldse
rve
mor
eto
conf
use
than
clar
ify.H
owev
er,s
uppo
rter
sof
Mod
elB
appr
eci
ated
itsus
eof
“und
erst
anda
ble”
term
s,as
did
prop
onen
tsof
Mod
elC.
The
Boa
rdfo
und
itin
for
mat
ive
toco
ntr
ast
the
sent
imen
tsof
the
sup
port
ers
ofM
odel
Bor
Cto
the
view
sex
pres
sed
byth
ose
pro
ponen
tsof
Mod
el’A
who
favo
red
that
appr
oach
beca
use
ituse
dfa
mili
arte
rms.
Sim
ilarl
y,th
eB
oard
com
pare
dth
eco
nten
tion
that
Mod
elB
empl
oys
un
der
stan
dab
lete
rms
with
the
com
men
tsby
som
eM
odel
Asu
ppot
-ter
sth
atth
ete
rms
inth
eot
her
appr
oach
es(B
and
C)w
ould
beco
nfus
ing
tous
ers.
53.
The
char
acte
rist
icof
the
Mod
elC
appr
oach
that
was
mos
tcom
mon
lyem
brac
edby
the
Invi
tatio
nto
Com
men
tre
spon
dent
sw
asits
per
ceiv
edco
nsis
tenc
y;th
atis
,th
eyfa
vore
dth
eco
nsis
tent
use
ofth
esa
me
clas
sifi
catio
nre
gard
less
ofth
efu
ndor
colu
mn
inw
hich
Itis
’use
d,
asw
ell
asth
eco
nsi
sten
cyw
ith
the
res*
ricte
dAsi
rest
rlcte
ddi
atin
ctio
nine
dein
pro
pri
etai
yhi
nds
and
the
gove
mm
ent-
wid
esta
tem
ent
ofne
tass
ets.
54.
Alth
ough
InV
itatio
nto
Com
men
tre
spond
ents
may
have
expr
esse
da
p?ef
erei
icef
ora
part
icul
arm
odel
, man
yal
sore
ferr
edto
aspe
cts
ofth
eot
her
mod
els
that
they
belie
vem
aypro
vide
Impo
rtan
tIn
fOrm
atio
n.T
hus,
rath
erth
anpu
rsui
ngan
yof
the
thre
eaf
tem
atrv
es,
asse
tfo
rth
inth
eIn
vita
tion
toC
omm
ent,
the
Boa
rdcö
hdlu
ded
that
the
mos
tef
fect
ive
ap),
roac
hw
ould
beto
sh’n
ulta
neou
sly
cons
ider
(a)w
hatI
nfo
rmat
ion
Isim
port
ant t
ou
&s
and
(b)
theh
atu
reor
char
acte
rof
the
reso
te’c
esre
port
edin
gove
rnm
enta
lfun
ds.
55,
The
mos
tfr
eque
ntly
arti
cula
ted
need
(pni
man
lyfrO
mcr
edit
mar
ketu
sers
)Is
toac
hiev
ean
unde
rsta
ndin
gab
out
avai
labi
lity
orliq
uidi
tyof
the
net
curr
entf
inan
cial
reso
urce
sth
atco
nst
itin
efu
ndba
lanc
e.T
hose
user
sw
antt
okn
owab
out
the
char
acte
rdl
‘res
idua
lam
aunt
s.T
hey
wan
tto
know
the
exte
ntfo
whI
chth
eus
eof
amou
nts
repo
rted
Ingo
vem
men
talf
unds
Is-c
onst
rain
edan
dho
wbi
ndin
gth
ose
cons
frai
nts
are.
Are
they
enfo
rcea
ble
bypa
rtie
sex
tern
W,to
the
gove
rnm
ent?
Doe
sth
ego
vern
men
tits
elf
have
the
abili
tyth
roug
hso
me
spec
ifie
dle
vel
ofdu
epr
oces
sto
rem
ove
orm
odify
the
cons
trai
nts?
Or
are
they
less
-bin
ding
orev
enno
nbin
ding
con
stra
ints
that
are
sim
ply
indi
catio
nsof
man
age
men
t’s
inte
ntto
use
reso
urce
sfo
r’sp
ecif
icp
ur
pose
s,w
ithm
anag
emen
tha
ving
the
pow
erto
chan
geth
eir
Inte
ntio
nsth
roug
ha
less
dlgc
xous
pro
cess
?T
hat
info
rmat
ion,
the
Boa
rdcon
chid
ed,
wou
ldpr
obab
lybe
stbe
depi
cted
byus
ing
term
inol
ogy
that
isap
plie
dco
nsIs
tent
lyin
each
ofth
ego
vern
men
talf
unds
..
5T
heB
oar
dac
keI
edged
wt-
the
gehe
iW,
sped
ahev
anue
,cap
italp
nple
cts,
andd
ebts
erv
ice
fund
type
sat
ceul
din
dudd
amou
nts
that
are
rest
rict
edto
asp
ecif
icus
e(a
sde
fine
dby
Sta
tem
ent3
4,as
’am
ende
d),c
omm
itted
toa
spec
ific
use
byth
ego
vern
men
t’s
own
actio
ns,a
ssig
ned
toa
spec
ific
use
byth
ego
vern
men
t,or
any
com
bina
tion
ofth
eth
ree
clas
sifi
catio
ns.A
ccor
din
gly,
the
Boa
rdco
ndüd
edth
atto
resp
ond
toth
ene
edfo
rin
form
atio
nab
out’
avaI
Iabi
ll4fu
ndba
lanc
esh
ould
becl
assi
fied
and
disp
laye
din
am
anner
that
will
reve
alto
read
ers
whe
ream
ount
sIn
thos
ecl
assi
fica
tions
are
repo
rted
.B
ecau
seth
ose
fund
type
sha
veso
me
flexi
bilit
yw
ithre
gard
toth
eam
ount
sth
atca
nbe
repo
rted
inth
em,
sim
ply
know
ing
that
amou
nts
are
repo
rted
ins
part
icul
artu
ndty
peor
cduf
nn’m
ayno
the
lpre
ader
sin
thei
ras
sess
men
tof
avai
labi
lity
57.
Tald
nig
into
cons
ider
atio
nth
ein
put r
ecei
ved
from
the
Invi
tatio
nto
Com
men
tre
spon
dent
san
dth
eco
mm
ents
and
pref
eren
ces
expr
esse
dby
Inte
rvie
wee
san
dsu
rvey
part
icip
ants
,th
eB
oard
conc
lude
dth
atth
ere
quir
edco
mpo
nent
sof
fund
bala
nce
shou
idcl
earl
ydi
stin
guis
hth
eva
riou
sle
vels
ofco
nstr
aint
s tha
tare
impo
sed
onits
use.
Inde
velo
ping
the
Exp
osur
eDr
aft,’
the
Boa
rdag
reed
that
the
appr
oach
shou
ldfir
stdis
tingu
ish
betw
een
amou
nts
that
are
nons
pend
able
and
those
that
are
spen
dabl
e,an
dth
enpr
ovid
ea
furt
herb
reak
dow
nba
sed
onth
edi
ffer
ent
leve
lsof
cons
trai
nts.
Fun
dba
lanc
ecl
assi
fica
tions
58.
Som
eE
xpos
ure
Dra
ft’r
espo
nden
tsco
rnm
ente
dth
atfi
nanc
ial
stat
emen
tus
ers
unde
rst
and
the
exis
ting
fund
bala
nce
cate
gofl
ésan
dth
atsh
arpe
ning
those
defi
niti
ons
and
reed
ucat
ing
use
rsw
ould
bea
pref
erab
leap
proa
chto
the
chan
ges
prop
osed
inth
eE
xpo
sure
Dra
ft.
The
GA
SB’s
subs
tant
ial
body
ofre
sear
ch,t
here
sults
ofw
tiicl
i wer
esu
mm
ariz
edin
both
the
invi
tatio
nto
Com
men
tand
the
Exp
osu
reD
raft,
char
acte
rize
dth
est
atus
ofus
erco
mpr
ehen
sion
offu
ndba
lanc
ein
form
atio
nun
der
the
exis
ting
stan
dard
sto
besu
chth
atch
ange
wou
ldbe
adva
ntag
eous
The
argu
men
tfro
mre
spon
dent
sth
atus
ers
unde
rsta
ndth
eex
istin
gfu
ndba
lanc
eca
tego
ries
may
beac
cura
tein
thei
rsp
ecif
icca
ses;
how
ever
that
gene
rali
ze-
lion
Isno
tbo
rne
out
byth
eB
oard
’sre
sear
chre
sults
.
59.
Oth
erre
spon
dent
sar
gued
that
rest
ruct
urin
gth
epr
esen
tati
onof
fund
bala
nce
isin
consi
ste
ntw
ithst
ated
user
s’n
eed
sin
oth
erG
AS
8
stan
dard
s,T
hey
refe
rred
todi
scus
sion
sin
par
agr
aphs
417
and
418
ofth
eB
asis
for
Concl
usi
ons
sect
ion
ofS
tate
men
t34
toill
ustr
ate
thei
rpo
int.
Tho
sepa
ragr
aphs
stat
eth
atth
eB
oard
belie
ves
that
the
dist
inct
ion
betw
een
rese
rved
and
unre
serv
edfu
ndba
lanc
e“p
rovi
des
info
rm
atio
nth
atus
ers
nave
cons
iste
ntly
deem
edim
port
ent
and
usef
ul”
and
that
‘inf
orm
atio
nab
out
amou
nts
that
are
‘ava
ilabl
efo
rap
prop
riat
ion’
has
alw
ays
been
rega
rded
asve
ryus
eful
bygo
vern
men
tal f
inah
clal
stat
emen
t ufi
ers”
Dur
ing
the
deve
lopm
ento
fSta
tem
ent3
4,th
eB
oard
did
not
have
the
bene
fit
ofth
efu
ndba
lanc
eus
erne
eds
rese
arch
that
was
subs
eque
ntly
con
duct
edin
conn
ect i
onit
hth
isS
tatm
ent.
The
refo
re,
the
refe
renc
esto
user
nøed
san
dto
the
impo
rtan
cean
dus
eful
ness
ofth
eex
istin
gfu
ndba
lanc
edi
spla
ym
etho
dsin
Stat
emen
t34
wer
eba
sed
onlo
ng-s
tand
ing
impr
essi
ons
and
gene
ral
rese
arch
disc
ussi
ons
with
fina
ncia
lst
atem
entu
sers
that
wer
ehe
lddu
nng
the
deve
lop
men
tof
Sta
tem
ent
34.T
heB
oard
’sm
ore
rece
ntre
sear
chfo
und
that
the
info
rmat
ion
that
us
ers
“ccn
slst
enlly
deem
edim
port
ant a
ndus
eful
”w
asno
tw
haf
was
-act
ually
bein
gde
liver
edto
them
inm
any
inst
ance
s.,T
here
sear
chre
sults
high
light
edin
para
grap
h39
inth
eB
ackg
roun
dse
ctio
nof
this
Sta
tem
ent
reaf
firm
sth
eno
tion
that
fund
bala
nce
info
rmat
ion
isve
ryim
port
ant
but
conc
lude
sth
at“t
here
are
cons
ider
able
dif
fere
nces
inth
ew
ayth
atus
ers
inte
rpre
tfun
dbal
ance
info
rmat
ion
and
wid
espr
ead
conf
usio
nab
out
the
natu
reof
the
info
rmat
ion
and
the
repo
rtin
gre
quir
emen
tsw
ithin
the
gene
rally
ac
cept
edac
coun
ting
prin
cipl
esfo
rst
ate
and
loca
lgo
vern
men
ts.”
60.
Inls
cuss
ion
sle
adin
gto
the
Exp
osur
eD
raft,
theB
oard
cons
ider
edth
esi
gnif
ican
ceof
jhe
stat
emen
tfr
ompar
agra
ph417
ofS
tate
mon
t34
that
“inf
orm
atio
nab
outa
mou
nts
‘ava
ilab
lefo
rap
prop
riat
ion’
has
alw
ays
been
rega
rded
asve
ryus
eful
bygo
vern
men
talf
inan
cial
stat
emen
tus
ers.
”lt
was
dete
rmin
edth
atto
rega
rdun
rese
rved
fund
bala
nce
aseq
uiva
lent
toav
aila
ble
for
appr
opri
atio
nw
aspo
tent
laqy
mis
lead
ing
beca
use
rese
rved
amou
nts
are
alsO
“ava
ilabl
efo
rap
prop
niah
ot”
toth
eex
tent
that
they
can
beap
prop
riat
edfo
rth
epu
rpos
esfo
rW
hich
they
have
been
‘res
erve
d.W
hen
Sta
tem
ent
34w
asIs
sued
,th
eB
oard
did
not’
have
asu
ffic
ient
baSi
sfo
rpr
opos
ing
chan
ges
tofu
ndba
lanc
ere
port
ing
atth
attim
e,bu
tsi
nce
that
Fund
Bal
ance
Rep
ort
lng*nd
Gover
nm
enta
l Fund
Typ
eD
efin
itio
nsG
ASB
S54
1179
211
793
GA
SBS5
4
time,
rese
arch
hasp
rovl
dedc
ompe
flin
gre
ason
sfo
r the
noIt
och
ange
.
Con
flIc
wiw
g,ow
talg
sgag
ency
61.
Som
ere
spon
dent
sto
the
Exp
osur
eD
raft
poin
ted
out t
hat s
ome
gove
mro
pnts
are
subj
ect
tore
quir
emen
tsto
esta
blis
h‘p
eO,v
esor
toatt
im
itre
port
sth
atin
clud
eIn
form
atio
nba
sed
onex
istin
gfu
ndba
lanc
eda
sslil
catlo
ns, T
hey
are
Con
cern
edth
atre
port
ing
new
dass
iflc
atlo
nöof
fund
bala
nce
wou
ldco
nflic
tw
ithth
est
atut
ory
and
regu
lato
ryre
quir
emen
tsth
eyfo
llow
.T
heB
oard
isse
nsiti
veto
thes
eco
ncer
nsbu
tb
elo
ves
tilat
ifsp
ecif
ictis
pect
sof
GA
AP,
asm
aybe
inco
rpoi
pted
mst
auory
or r
dgul
atoi
yre
port
kig,
coti
dno
t be
chan
ged,
itW
ould
sign
ific
antly
unde
rmin
eef
fort
sto
Impr
ove
fina
ncia
lre
po
rtin
g;Fu
rthe
rmor
e,’t
heB
oard
dâes
nOt a
gree
thàt
the
new
fund
bala
nOe
clas
sifi
catio
nsca
nnO
tm
oot
mos
tcu
rren
tst
atut
ory
and
regu
lato
ryre
port
ing
need
s,Fo
r exa
mpl
e,a
stat
ute
that
reg
ola
tes
the
esta
blis
hmen
t,fu
ndin
g,an
dus
eof
ree
bylo
cal
gove
rnm
ents
wou
ld,
unde
rth
efi
catio
nap
pioa
chin
this
Stat
emen
t,lik
ely
l’esu
tted
inth
ere
port
ing
ofre
sbic
ted
fund
ce.
Thu
s,in
form
atio
nre
gard
ing
thos
ere
serv
esw
ould
only
bela
bele
ddi
ffer
ently
but
wou
ldbe
equa
llytr
ansp
aren
t.O
vern
ight
agen
des
that
curr
ently
requ
ire
info
rmat
ion
tobe
sub
mitt
edus
ing
prev
ious
fund
bala
nce
term
inol
ogy
wou
ldha
veth
eop
port
unity
toch
ange
thei
rre
quir
emen
tsfo
rco
nsis
tenc
yw
ithth
edas
sifl
catio
nsin
this
Stat
emen
t,If
such
aC
hang
ew
ere
not c
onsi
dere
dfe
asib
le, a
cros
swaf
lcto
the
reg
ula
tory
pres
enta
tion
coul
dbe
prov
ided
for
the
over
sigh
t bod
yT
heB
oard
reco
gniz
esth
atsu
chct
mng
esin
itial
lym
aybe
inco
nven
ient
togo
vern
-m
ontb
utIt
isco
nfid
hat t
he
Con
tiriL
Eig
valu
eof
the
revi
sad
fund
bala
nce
dass
ifle
alio
nsex
bas
ds
the
effo
rtre
quir
edto
inco
rpor
ate
the
chan
ges
62.
Som
ere
spon
dent
sto
the
Exp
osur
eD
raft
expre
ssed
árer
conc
erns
abou
tth
epo
tent
ial
diff
icul
ties
that
. new
kind
bala
nce
term
sw
ould
intr
oduc
ein
toth
eir
budg
etar
ypro
cess
es.
The
Boa
rdun
ders
tand
san
dre
spec
tsth
eco
ncer
nsof
thos
ew
hoco
nsid
erth
ebu
dget
and
the
exis
tin
gfu
ndbal
ance
clee
sifi
catl
ons
inex
tric
ably
linke
d,bu
tit
beli
eves
that
the
clas
sifI
cati
ons
inth
isS
tate
men
tco
nbe
equa
lty
ifno
t mor
e,p
erti
nei
lto
the
budg
etar
ypr
oces
s.F
orex
ampl
e,it
wou
ldbe
very
uSef
ulto
know
the
amountn
fre
souro
esth
atar
ere
stri
cted
,co
mm
itte
d,or
as
sign
edto
(and
thus
,av
aila
ble
tofi
nanc
e)a
pro
gram
orac
tMty
whe
nco
ntem
plat
ing
how
the
budg
etof
that
prog
ram
orac
tivity
Isto
befu
nded
.D
iffe
renc
esbe
twee
nbu
dget
ary
ac
coun
ting
and
GM
Pfin
anci
alre
port
ing
have
alw
ays
exis
ted
for
man
ygo
vern
men
t,s; b
udge
tary
term
inol
ogy
and
kind
stru
ctur
efo
r man
ygo
vern
men
tsdi
fler f
rom
wha
t is
repo
rted
inth
eir f
inan
delst
atem
ents
.T
heB
OaI
xtac
oep
tath
atth
efu
ndba
lanc
ecl
assi
fica
tions
Inth
isSt
atem
ent
may
not b
ring
finan
cial
repo
rtin
gerto
budg
etar
yco
ncep
ts, b
utit
does
not b
elie
veth
atth
ega
pw
inin
varia
bly
wid
enas
are
sr*c
f thi
sst
anda
ni
Nuofgjf
Icatl
o.
-
53S
ome
resp
onde
nts
toth
eE
xpos
ure
Dra
ftst
ated
that
itpr
opos
edto
om
ars)
clas
sifi
catio
nsof
fund
bala
nCe
and
wou
ldth
eref
ore
beto
oco
mpl
ex.
Aco
mm
onsu
gges
tion
was
tOco
mbi
neth
epr
opos
edcl
assi
fica
tion
sof
lim
ited
(com
mlt
teg
inth
isS
tate
men
t)an
das
sign
edfu
ndba
lanc
e.T
heB
oard
cons
ider
edth
atsu
gge
stio
nan
dot
her
appr
oach
esto
redu
cing
the
clas
sifi
cati
ons,
such
asrt
rquk
ing
adi
stin
ctio
non
lybe
twee
nre
stri
cted
and
unre
shic
ted
fund
bala
nceS
.H
owev
eth
eB
oard
conc
lude
dth
atcl
assi
fica
tion
ssu
chas
unre
Otf
lcte
dfu
ndbal
ance
ora
com
bine
dC
ornm
itted
fass
lgne
dfu
ndba
lanc
ew
ere
too
broa
dto
suff
icIe
ntly
mee
tus
era’
need
sto
iden
tify
dilif
eren
ces
inth
ore
lativ
est
reng
ths
ofth
eco
nstr
aint
spl
aced
onho
wre
sour
ces
can
beus
ed.
Con
sequ
entl
yth
eB
oard
deci
ded
tore
tain
the
five
prop
osed
dass
ific
eho
ne;
how
ever
,gr
eate
rcl
arity
was
prov
ided
rega
rdln
gth
ena
ture
ofea
chcl
assi
fica
tion
and
how
they
diff
erfr
omea
chot
her
64.
The
budg
etar
yco
nnot
atio
nsof
the
term
ap
prcx
iati
on,
and
conc
erns
expr
esse
dby
seve
ral
ofth
eIn
vita
tion
toC
ornr
rten
j res
pond
ents
abou
tits
inap
plic
abili
tyIn
cera
ln.d
rcun
ista
nces
,ed
the
Boa
rdto
base
fund
bala
nce
clA
ssif
icat
ions
ona
notio
nof
spen
dabl
eam
ount
s,ra
ther
than
amou
nts
that
are
avai
labl
efo
rap
prpp
rlat
ion.
The
Boa
atbe
Hev
sth
isap
proa
chis
cons
iste
ntw
ithth
efa
ctth
atgo
vern
men
tal f
unds
hist
oric
ally
have
bee
ndia
iact
e&ed
asha
ving
afo
cus.
The
nonsp
endab
ieca
tege.
y’c
cmpnse
sth
ene
tcu
rran
tfin
anci
alre
sour
nes
that
cann
ot
besp
ent b
ecau
seth
eyar
eei
ther
not i
nsp
end
able
form
or. l
egal
lyor
cant
radu
aliy
requ
ired
tobe
mai
ntai
ned
inta
ct,
65.
Res
pond
ents
gene
rally
reac
ted
favo
rabl
yto
the
prop
osed
nons
pend
able
fund
bala
nce
cat
egor
ybu
tthe
rew
eres
ome
who
sugg
este
dth
atce
rtai
ncl
arif
icat
ions
wou
ldim
prov
eth
efin
alst
anda
rd.
Som
ere
spon
dent
sur
ged
the
Boa
rdto
expl
ain
mor
ecl
earl
yw
hat
spen
dabl
efo
rmm
eans
and
toof
fer m
ore
exam
ples
ofIt
ems
that
coul
dpo
ssib
lybe
mot
ided
with
inth
enc
nspe
ndab
lefu
ndba
lanc
ecl
assi
fica
tion.
The
Boa
rdre
spon
ded
bycl
arif
ying
that
,ge
nera
lly,
noti
nsp
endabm
imaais
that
anla
mIs
not
ox
pool
edto
beco
nver
ted
toca
sh(f
or’e
xam
ple,
inve
ntor
y).
Als
o,pa
ragr
aph
6w
asex
pand
edto
disc
uss
how
the
Iong
’ter
mam
ount
oflo
ans
and
flot.
OS
rOC
AJy
thle
,an
dpr
oper
tyaö
quim
dfo
rre
sale
shou
ldbe
clas
sifi
ed.
Tha
tpa
ragr
aph
fur
ther
expl
ains
thai
ltth
epr
ocee
dsho
rnth
eir c
ol
lect
ion
orsa
le,
resp
ecti
vely
,ar
ere
stri
cted
,co
mm
itted
,or
assi
gned
,th
ose
cons
trai
nts
take
prec
eden
ceov
erth
eno
nspe
ndab
leii
atur
eof
the
reso
urce
sw
hen
clas
sify
ing
the
amou
nts.
—(a
ndba
lanc
e
66.
The
Exp
osur
eD
mit
prop
osed
that
the
rem
aini
ngda
ssif
icat
ions
offu
ndba
lanc
ebe
repo
rted
unde
rth
ege
nera
lhe
adin
gof
spen
dabl
efu
ndba
lanc
e.T
hela
bel
was
pnm
artiy
inte
nded
toco
mm
unic
ate
that
allf
und
bala
nce
notc
lass
ifi
edas
nons
pend
able
wou
ld,
byde
faul
t,be
spen
dabl
e,an
dfu
rthe
rto
conv
eyth
atth
ere
sour
ces
are
spen
dabl
efo
rth
epu
rpos
esto
whi
chth
eyha
vebe
enre
stri
cted
,co
mm
itte
d,or
assi
gned
.N
ever
thel
ess,
man
yE
xpos
ure
Dra
ftre
spo
nd
ents
belie
ved
that
the
term
wou
ldbe
mis
unde
rsto
od.
Aco
ncem
shar
edby
seve
ral
ofth
ere
sponden
tsis
that
bec
ause
the
term
spen
dabl
eIs
com
mon
lyus
edin
othe
rco
ntex
ts,
itm
ayca
rry
aco
nnot
atio
nth
atth
ere
sour
ces
insu
cha
cate
gory
may
besp
ent f
oran
ypu
rpos
e,w
hen
Infa
ctth
eym
aybe
subj
ect
tosi
gnif
ican
tex
tern
alor
Inte
rnal
cons
trai
nts
cont
rolli
ngth
epu
rpos
esfo
rw
hich
thos
ere
sour
ces
may
beus
ed.i
nre
spon
seto
thos
eco
ncer
ns,
the
Boa
rdde
cide
dih
at,
bec
ause
the
Exp
osur
eD
raft
only
used
the
term
asa
title
for
aca
tego
ryof
othe
rfu
ndba
lanc
ecl
assi
fica
tions
,el
imin
atin
gre
fer
enC
eS4o
itIn
ther
fiha
l Sta
tem
ent w
ould
have
nosu
bsta
have
sUed
er
the
spec
ific
hind
bal
ance
amou
nts
that
are
requ
ired
tobe
repo
rted
.
Res
frlc
f ad
ftm
dba
lanc
e
67.
Res
earc
hsh
ows
that
’cne
ofth
edi
ffici
jitie
sth
atus
ers
have
enco
unte
red
sinc
eth
eim
ple
men
tatio
nof
Stat
emen
t 34.
isun
ders
tand
ing
the
rela
tion
ship
betw
een
rese
rved
fund
bala
nce
and
rest
rict
edno
tass
da
The
sim
liarit
yin
term
ino
logy
has
caus
edm
any
user
sto
infe
r am
orn
dire
ctco
nnec
tion
than
wou
ldno
rmal
lyex
istp
ursu
antto
ast
rict a
pplic
atio
nof
the
two’
defln
ition
s.T
heB
oard
agre
edth
atth
ead
vant
ages
ofus
ing
aco
nsis
tent
term
thro
ugho
utth
efin
anci
alst
ate
men
tsw
ould
outw
eigh
the
disa
dvan
tage
sth
atco
me
with
repl
acin
ga
fam
iliar
term
.T
here
fore
,th
eB
oard
cond
uded
that
the
term
used
toid
entif
yth
em
ost
bind
ing
leve
lof
cons
trai
nton
the
use
offu
ndba
lanc
efri
the
fund
finan
cial
stat
em
ets
shou
ldbe
the
sam
ete
rmus
edto
de
scri
beth
eeq
uiva
lent
leve
lof
cons
trai
nt.o
nthe
use
ofne
tas
sets
inpr
oprie
tary
, fun
dsan
dth
ego
vern
men
twid
est
atem
ents
.T
heB
oard
be
lieve
sth
atth
ere
Isa.
dist
inct
adva
ntag
eto
usin
gth
esa
me
term
toch
arac
teri
zeth
est
atus
ofth
ese
bala
nces
rega
rdle
ssof
the
cont
ext
inW
hich
they
are
repo
rted
.By
doin
gso
,the
Boa
rdbe
lieve
sth
atth
eco
ntus
ion
that
aris
esw
hen
anam
ount
can
bere
port
edas
rese
rved
inon
epar
ticul
arfu
ndbu
tun
rese
rved
inan
othe
rw
illbe
elim
inat
ed.
68.
Exp
osur
eD
raft
resp
onde
nts
also
poin
ted
out
apo
tent
ial i
ncon
sist
ency
betw
een
rest
rict
edne
t ass
ets
and
rest
rict
edfu
ndba
lanc
es.
Par
agr
aph
35of
Sta
tem
ent 3
4in
dica
tes
that
perm
ane
ntfu
ndpr
inci
pal s
houl
dbe
incl
uded
inth
ere
stri
cted
neta
sset
sda
ssif
icat
ion.
How
ever
, in
the
Exp
osur
eD
raft,
perm
anen
t fun
dpr
inci
palw
ould
have
been
rega
rded
asno
nspe
ndab
lera
ther
than
rest
rict
edfu
ndba
lanc
e,re
sulti
ngin
adis
cont
inui
tybe
twee
nm
sthd
ed.f
und
bala
nce
and
rest
rict
edne
t ass
ets.
The
Boa
rd’s
gene
rali
nten
tion
was
that
the
defin
ition
ofre
stri
cted
fund
bal
ance
beid
entic
alto
that
ofre
stri
cted
neta
sset
s.In
deli
bera
ting
Sta
tem
ent3
4th
eB
oard
co
nd
ud
edth
atpe
rman
ent
fund
prin
cipa
lsh
ould
becl
assi
fied
asre
stri
cted
bec
ause
itco
uld
not
be
spen
tand
wou
ldbe
mis
cast
asu
nre
sfli
cted
,an
da
net
asse
tcl
assi
fica
tion
anal
ogous
tono
n-sp
endab
lew
asno
tun
der
cons
ider
atio
n.T
heB
oard
beli
eves
that
the
nons
pend
able
clas
sifi
cati
onm
ore
clos
ely
defi
nes
perm
anen
tfu
ndpr
inci
pala
ndsh
ould
beus
edto
repo
rtper
ma
nent
fund
eorp
usin
gove
rnm
enta
lfu
nds.
Fu
rth
er,
that
clas
sifi
catio
nin
cons
iste
ncy
will
notb
e
bahR
epond
Govem
men
Fund
Typ
eD
ofin
Won
s
1179
41.
1795
GA
SB
S64
the
sole
sour
ceof
diff
eren
ces
betw
een
rest
rict
odfu
ndba
lanc
ean
dre
stri
cted
net a
sset
s,in
mar
tyin
stan
ces,
diff
eren
ces
will
aris
efr
omth
edi
ffer
ent m
easu
rem
ent f
ocus
esan
dba
ses
ofac
coun
ting
empl
oyed
inre
port
ing
net
asse
tsan
dfu
ndba
lanc
e. fond
bat
anc.
69.
The
invi
tatio
nto
Com
men
tin
clud
eda
deft
ritio
nof
the
term
rasi
ted,
asit
nigh
t hav
ebe
enus
edin
the
defi
nitio
nof
spec
ial r
even
uehi
nds,
as“r
esou
rces
that
are
lega
llylim
ited
toa
part
icul
arpu
rpos
eby
ago
vern
men
t tha
t can
not
beus
edfo
ran
yot
her
purp
ose
unle
ssth
ego
ver
nmen
tre
mov
esor
chan
ges
the
limita
tion
byta
king
the
sam
eac
tion
item
ploy
edto
Impo
seth
elim
itatio
nor
byta
king
ahi
gher
auth
ority
antio
n.”
Man
yof
the
Invi
tatio
nto
Com
men
tre
spon
dent
ssu
ppor
ted
the
prop
osed
defin
ition
.Fo
rthe
Exp
osur
eD
raft,
the
Boa
rdus
eda
mod
ifie
dve
rsio
nof
that
defin
ition
tode
scrl
oeth
e1k
wlie
dfu
ndba
lanc
ecl
assi
fica
tion.
The
defi
nitio
nw
asm
odifi
edby
ánin
atin
gth
ew
ord
lega
ffyb
eim
plie
sa
rest
rictio
nth
atis
enfo
rcea
ble
CD
and
may
over
stat
eth
est
reng
thof
the
Otin
tsth
atca
nbe
impo
sed
bya
gove
rnx
nits
elf.
70.
Num
erou
sre
spon
dent
sto
the
Exp
osur
eD
raft
expr
esse
dco
ncer
nab
out
the
use
ofth
ete
rmlim
ited
for
this
port
ion
offu
ndba
lanc
e.A
mon
gth
eal
tern
ativ
eti
tles
sugg
este
d,th
eB
oard
sele
cted
the
term
com
mitt
edlu
rid
bal
ance
.T
heB
oard
had
prev
ious
lyco
nsid
ered
tilli
ngth
ispo
rtio
nof
fund
bala
nco
mm
itted
, but
itha
dop
ted
for
limite
dbe
caus
eth
eno
tion
ofco
mm
itmen
tsha
sot
her
mea
ning
sin
GM
RU
ltim
atel
y,th
eB
oard
conc
lude
dth
atco
mm
itted
had
few
erob
ject
iona
ble
conn
otat
ions
than
othe
rpo
ssib
leti
tles
.T
his
chan
ge,
how
ever
,sh
ould
not
be
const
rued
asa
subs
tant
ive
chan
geto
this
clas
sifi
catio
nof
hind
bala
nce
asit
was
prop
osed
inth
eE
xpos
ure
Dm
11
71.
Som
ere
spon
dent
sto
the
Exp
osur
eD
raft
sugg
este
dth
atth
ede
finiti
onof
com
mitt
ed,
and
how
itIs
dist
ingu
ishe
dfr
omre
stri
cted
and
as
signed
shou
ldbe
clar
ifie
dfo
rth
efin
alS
tate
men
t.In
resp
onse
,th
eB
oard
adde
dan
expla
nat
ion
ofhow
the
acti
on
sta
ken
bya
gover
nm
ent
toco
mm
itre
sou
rces
diff
erfr
omth
ose
take
nto
rest
rict
reso
urc
esth
roug
hen
atr1
kig
legi
slat
ion,
even
thou
ghbo
thki
nds
ofac
bori
sar
eta
ken
byth
ego
vern
men
tits
elf.
Inre
spon
seto
anot
her
conc
ern
byre
spon
dent
S,th
eB
oard
also
clar
ified
the
mea
ning
ofco
imni
Une
ntas
itap
plie
sto
fund
bala
nce
clas
sifi
cati
onby
prov
idin
gth
atco
ntra
ctua
l obl
igat
ions
that
will
besa
tisf l
edw
ithex
istin
gfu
ndre
scur
ces
shou
ldbe
repo
rted
asco
uwri
tted
fund
bala
nce.
Aut
hori
tyth
corn
mft
sseo
urce
s
72.
The
Boa
rdco
nsid
ered
whe
ther
this
Sta
tem
ent
shou
ldsp
ecif
yw
hich
form
alac
tion
sof
ago
vern
men
t’s
high
est
leve
lof
deci
sion
-mak
ing
auth
ority
are
requ
ired
toco
mm
itfu
ndba
lanc
eto
asp
ecif
icpu
rpos
e,bu
tit
dete
rmin
edth
atit
wou
ldno
t be
prac
tical
todo
sobe
caus
eof
dlff
enen
ces
Inth
epo
wer
sac
cord
edto
-gov
ernm
ents
.Fo
r exa
mpl
e,so
me
gove
rnm
ents
may
esta
blis
hst
atut
esor
ordn
ance
sai
dre
solu
tions
, whe
reas
som
em
ayon
lybe
able
topa
ssre
solu
tions
, and
othe
rgo
vern
men
ts—
such
asso
me
spec
ial-
purp
ose
gove
rnm
ents
—m
ayha
veno
legi
slat
ive
auth
ority
atal
l.Fu
rthe
rmor
e,th
ele
gal s
tand
ing
ofth
eac
tion
sav
alla
ble
toa
gove
rnm
ent
may
diffe
r.Fo
rso
me
gove
rnm
ents
,a
reso
lutio
nm
ayca
rry
the
forc
eof
law
, but
for o
ther
s,a
reso
lutio
nm
aybe
only
cere
mon
ial
inna
ture
.-In
resp
onse
toco
nce
rns
abou
tla
ckof
cons
iste
ncy,
this
Sta
tem
ent
ieqt
ims
cisd
asur
esth
atsh
ould
give
user
sa
clea
rtin
ders
tand
ing
ofth
eau
thor
ityb
ehi
ndth
eco
mm
itmen
tsof
fund
bala
nce
arid
the
spec
ific
acti
ons
take
nto
impo
seth
em.
73.
Bec
ause
the
over
all c
lass
ific
atio
nap
proa
chin
clud
estw
oca
tego
ries
ofse
lf-i
mpo
sed
con
stra
ints
(com
mitt
edan
das
sign
ed),
the
Boa
rdag
reed
that
itw
ould
beap
prop
riat
eto
star
twith
the
assu
mpt
ion
that
the
leve
lof
auth
orIt
yre
quir
edto
esta
blis
hco
nstr
aint
ssu
ffic
ient
toin
voic
edi
spla
yIn
the
canm
itte
dtun
dba
lanc
eca
teg
ory
shou
ldbe
high
enou
ghto
repr
esen
tth
eco
nsen
sus
obie
cliv
eof
the
gove
rnin
gbo
dyas
aw
hole
.In
othe
rw
ords
,th
epu
rpos
eco
nstr
aint
sim
pose
don
amou
nts
Inth
atca
tego
rysh
ould
com
efr
omth
eso
urce
that
poss
esse
sth
ehi
ghes
tlev
elOf
deci
sion
-mak
ing
auth
orlL
y
74.
The
leve
lof a
utho
rity
nec
essa
ryto
esta
blis
hfu
ndba
lanc
eco
mm
itmen
tsis
sim
itar
toth
atre
qulr
edin
the
rest
rict
ed(t
hrou
ghen
abli
ngle
gisl
atio
n)ca
tego
ry.
Ena
blin
gle
gisl
atio
nex
dusl
vely
invo
lves
leve
nues
auth
oitz
edby
the
rest
rict
ing
legi
slat
ion.
Itis
notu
ncom
mon
totg
over
nmen
tsto
pass
legi
slat
ion
tora
ise
new
reve
nues
for
a
spec
ific
purp
ose.
For
fund
bala
nce
clas
s Wic
atio
n,en
ablin
gle
gisl
atio
nIs
cons
ider
eda
com
pact
with
the
reso
urde
prov
ider
sth
atth
ere
ven
ues
rais
edpu
isua
litt
oth
atle
gisl
atio
nw
ould
beus
edc*
’,, f
orth
ero
mIe
edpu
rpos
e.In
con
tras
t,th
eco
tnrt
iltta
dfu
ndba
lafi
cecl
assi
fica
tion
indu
des
arn
ou
nge
fier
tited
frot
hex
istin
gre
ven
ueso
i.m3e
s tha
t are
form
ally
cons
trai
ned
tobO
used
for-
aSp
ecifi
cpu
rpos
e,bu
t the
reIs
noco
rnpar
dle
com
patt
with
the
prov
ider
sOf
thos
ere
sour
ces
abou
thow
they
can
beus
ed. T
hus,
the
subs
tant
ive
diff
eren
cebe
twee
nam
ount
sth
atar
ere
stri
cted
byen
abli
ngle
gisl
atio
nan
dam
ount
sth
atar
ein
the
com
mitt
edfu
ndba
lanc
eci
ttego
lyis
the
lela
tive
inab
ility
ofth
ego
vern
men
tto
iede
ploy
rSst
rict
edam
ount
sfo
rot
her
purp
oses
.
75.
this
Sta
tem
ent
requ
ires
,fo
rfi
nanc
ial
repo
rtin
gpu
rpos
es,
that
the
form
alac
tion
that
es
tabl
ishe
sco
mm
itted
fund
bala
nce
occu
rbe
fore
the
end
ofth
ere
port
ing
peri
od. T
heB
oard
rec
ogni
zes,
how
ever
,th
atev
enif
the
spec
ific
pur
pose
ofth
eco
mm
itmen
tis
esta
blis
hed
befo
reye
ar-e
nd, a
mec
hani
smor
form
ula
for d
eter
min
ing
the.
amou
nt. s
ubje
ctto
the
com
mitm
ent
isso
met
imes
base
don
even
tsco
nditi
ons,
orre
sults
that
are-
not k
now
nor
fina
lized
atth
attim
e.A
sa
resu
lt,-.,
this
Sta
tem
ent
allo
ws
that
the
amou
ntsr
Aia
dto
the
com
mitm
ent m
aybe
de
tem
ined
inth
esu
bseq
uent
peri
odbe
fore
firi
ande
lsta
tem
ents
are
issu
ed.
Ass
igne
dfu
ndba
lanc
e
76.
Thr
ough
out
itsd
eler
atio
ns
abou
t def
inin
gth
efu
ndba
lanc
ecl
assi
fica
tions
,th
eB
oard
gen
eral
lysu
ppor
ted
the
notio
nth
atth
ere
was
ane
edfo
ra
clas
sifi
catio
nre
pres
entin
ga
leve
lof
cons
trai
ntth
atw
asle
ssbi
ndin
gth
anth
atas
soci
ated
with
the
Ilei
ted
(com
m*t
edun
dba
lanc
ecl
assi
fica
tion
but
not
soav
aila
ble
asto
beco
nsi
dere
dun
assi
gned
.T
heB
oard
also
con
sid
ered
,an
dul
timat
ely
reje
cted
,al
tern
ativ
esth
atw
ould
have
repo
rted
thos
eam
ount
sin
the
corn
-m
iffed
orun
assi
gned
clas
sifi
catio
ns. T
hedec
isi
onto
esta
blIs
hth
eas
sign
edcl
assi
fica
tion
es
sen
tial
lydep
ended
on
whet
her
amounts
clas
sifi
edas
assi
gned
wou
ldbe
suff
icie
ntly
dis
ting
uish
able
from
those
oth
ertw
ocl
assi
fica
tions
.T
heB
oard
beli
eves
that
the
defin
ition
ofas
sign
edfu
ndba
lanc
ein
this
Sta
tem
ent a
pp
ropr
iate
lypr
ovid
esfo
r tha
tdis
tinct
ion.
GA
SBS
54
77.
The
Boa
rdvi
ews
anas
sign
men
t as
anex
pres
sion
of.a
gove
rnm
ent’
sin
tent
,co
mpa
rabl
eto
desi
gnat
ions
inth
epr
evio
usfu
ndba
lanc
ecl
assi
fica
tion
iand
disp
lay
mod
el.
Byac
cept
ing
the
valid
ityof
that
anal
ogy,
the
Boa
rdha
dth
ebe
nefi
tof
the
inpu
tob
tain
edfr
omIts
past
rese
arch
effo
rts
and
from
the
resp
onse
sto
the
Invi
tatio
nto
Com
men
t rel
ativ
eto
ques
tions
aske
dab
out
desi
gnat
ions
offu
ndba
lanc
es.
Tho
seso
urce
sde
arly
Indi
cate
dth
atin
form
atio
nab
out
man
agem
ent’
spl
ans
orin
tent
ions
isco
nsid
ered
impo
rtan
t.T
here
was
cons
ider
able
inte
rest
inin
form
atio
nab
out
the
desi
gnat
ions
them
selv
es:
thre
e-qu
arte
rsof
the.
surv
pyre
spon
dent
ssa
idth
atth
eyco
nsid
erin
form
atio
nab
out
the
pu
rpo
ses
ofde
sign
atio
ns“i
mpo
rtan
t”or
“ver
yim
port
ant”
Furt
herm
ore,
over
70pe
rcen
t oft
here
spondei
ts. t
oth
e20
03us
ersu
rvey
rate
din
form
atio
nab
out
unre
serv
ed-u
ndes
igna
ted
fund
ban
ceto
be‘v
ery
impo
rtan
t’to
the
deci
sion
sth
eym
ake
orto
thei
ras
sess
men
tsof
ago
vern
men
t’s
finan
cial
heal
th.
78.
Bot
hth
eco
mm
itted
and
assi
gned
fund
bal
ance
clas
sifi
catio
nsin
clud
eam
ount
sth
atha
vebe
enco
nstr
aine
dto
bein
gus
edfo
rspe
cifi
cpur
pose
sby
actio
nsta
ken
byth
ego
vern
men
t its
elf.
As
note
dea
rlie
rin
para
grap
h72
, thi
sSt
atem
ent
does
nots
peci
fyw
hich
acti
ons
ofa
gove
rnm
ent
wou
ldbe
requ
Wed
toes
tabl
ish
com
mitt
edfu
ndba
lanc
e,la
rgel
ybe
caus
eof
the
diff
eren
ces
inab
ilitie
san
dst
ruct
ures
from
gove
rnm
ent t
ogov
emin
ent.
Tho
sedi
ffer
ence
sle
dth
eB
oard
tore
ach
the
sam
eco
nclu
sion
with
rega
rdto
iden
tif4
ngpa
rtic
ular
actio
nsth
atsh
ould
bere
quir
edto
assi
gnam
ount
s.Se
vera
lre
spon
dent
sto
the
Exp
osur
eD
raft
com
men
ted
that
itw
ould
bedi
ffi
cult
todi
stin
guis
hbe
twee
nth
eac
tions
take
nto
com
mit
fund
bala
nce
amou
nts
and
acti
ons
take
nto
ssit
gi f
und
balS
nos
amou
nts.
Oth
erre
spon
dent
sin
dica
ted
conc
ern
that
som
ego
vern
men
tsm
ayno
tha
vede
cisi
on-m
akin
gpro
ces
ses
inpla
ceto
oom
mit
oras
sign
reso
urce
s,as
desc
ribe
din
the
Exp
osur
eD
raft
.T
hose
resp
onde
nts
urge
dth
eB
oard
topr
ovid
ecl
arit
ica
tion
ofth
ere
quir
emen
ts.
Inre
spon
se, t
heB
oard
adde
d-pa
ragr
aph
15-to
high
iight
the
diff
eren
ces
betw
een
the
com
mitt
edan
das
sign
edfu
ndbaI
ance
clas
sIfI
catio
nsem
phas
Izin
g(a
)the
leve
lof
auth
ority
requ
ired
,(b
)th
ena
ture
ofth
eac
tions
nece
ssar
yto
nullI
fya
com
mitm
ent
oras
sig
nm
ent o
ffun
dba
lanc
e,ad
c)
the
degr
eeof
ditf
icu
ltyw
ithw
hich
they
may
bere
trer
sed.
-The
GA
SB
-Sta
tem
ent c
liS
tandar
ds
Fund
Bal
ance
R.p
a.Y
big
and
Gover
nm
enta
l Fun
dT
ype
Def
init
ions
I’ 1’
-J11
796
1179
7
GA
SBS
64G
ASB
Sta
tem
ent o
f Sta
ndar
dsG
AS
BS
54
Boa
rdal
socl
arifi
edin
othe
rpl
aces
inth
isS
tate
men
tth
atso
me.
gove
mm
ents
may
not
repo
rtbo
thco
mm
itte
dar
idas
sign
edfu
ndba
lanc
esbe
caus
eno
t all
gove
rnm
ents
have
mul
tiple
lev
els
ofde
dsio
n-rn
aldn
gau
thor
ity.
79.
The
assi
gned
cate
gory
shou
ldin
clud
eam
ount
sth
atha
vebe
ense
t asi
defo
r asp
ecif
icpu
rpos
eby
anau
thor
ized
gove
rnm
ent
body
oroW
ida
butt
heco
nstr
aint
knpo
sed
does
not s
at.
sly
the
crite
ria
tobe
clas
sifi
edas
rest
rict
edor
com
mitt
ed.
How
the
gove
rnm
ent’
sIn
tent
shou
ldbe
expr
esse
dan
dco
mm
unic
ated
isno
tspe
cifi
cally
pres
crib
ed;
how
ever
,th
eSt
atem
ent
does
danf
yth
atan
auth
oriz
edgo
vern
men
tbo
dyor
offic
ial
shou
ldbe
char
acte
rize
das
“the
gove
rnin
gbo
dyits
elf
ora
body
(abu
dget
orfi
nanc
eco
mm
ittee
,fo
rex
ampl
e)or
offic
ial t
ow
hich
the
gove
rnin
gbo
dyha
sde
lega
ted
the
auth
ority
toas
sign
amou
nts
tobe
used
for
spec
ific
pu
rpo
ses.
”T
heB
oard
belie
ves
that
the
disc
losu
res
requ
ired
inpa
ragr
aph
23(b
)sh
ould
prov
ide
us
ers
with
acl
earu
nder
etan
ding
ofw
hois
empo
wto
mak
eas
signm
ents
and
byw
hat
-
1arag
raph
12in
this
Sta
tem
ent
prov
ides
that
the
spec
ific
purp
ose
for
afu
ndba
lanc
eco
mm
itmen
tsh
ould
bees
tabl
ishe
dpr
ior
toth
een
dof
the
repo
rtin
gpe
riod
but t
hatt
hesp
ecif
icam
ount
ofth
atco
mm
itmen
tcan
bede
term
ined
inth
efo
llow
ing
peri
od.T
heba
sis
for t
hatc
oncl
usi
onis
disc
usse
din
para
grap
h75
.S
ome
Exp
osu
reD
raft
resp
onde
nts
asite
dw
hysu
cha
prov
isi
onw
asno
tal
som
ade
for
fund
bal
ance
assi
gnm
ents
.The
Boa
rddo
esno
tbel
ieve
that
asi
mila
rtim
ing
requ
irem
ent
isne
cess
ary
orap
prop
riat
efo
rfu
ndba
lanc
eas
sign
men
tsla
rgel
yfo
rtw
ore
ason
s.Fi
rst,
the
proc
ess
ofas
sign
ing
amou
nts
tosp
ecif
icpu
rpos
esIs
less
bind
ing
than
the
proc
edur
esfo
rfu
ndba
lanc
eco
mm
itm
ents
,an
dse
cond
,as
sign
men
tsar
eof
ten
not
cons
ider
edun
tilaf
tert
heam
ount
ofun
rest
rict
edan
dun
com
mit
ted
fund
bala
nce
isqu
antif
ied.
Tha
tis
,it
isco
mm
onfo
rgo
vern
men
tsto
ex
pres
san
inte
ntto
use
accu
mul
ated
reso
urce
sfo
r spe
cifi
edpu
rpos
eson
lyaf
tert
heam
ount
that
Isav
aila
ble
for
assi
gnm
ent
has
bee
nd
ete
rm
ined
.P
aia
grh
15cl
arif
ies
that
gove
rnm
ents
cann
otas
sign
anam
ount
tea
spec
ific
purp
ose
ifth
atas
sign
men
twou
ldca
use
ade
fici
tto
occu
rin
unas
sign
edfu
ndba
lanc
e.
Una
ssig
ned
fund
baL
ance
81.
lnth
eExp
osur
eDra
ft,t
heB
oart
ipm
pose
dth
at,
base
don
the
defi
nitio
nsof
the
rest
rict
ed,
com
mitt
ed,
and
assi
gned
fund
bala
nce
clas
sifi
catio
ns,
unas
sign
edam
ount
sco
uld
exis
t onl
yin
the
gene
ral
fund
.E
vçn
thou
ghso
me
cont
end
that
amou
nts
inot
her
gove
rnm
enta
lfu
nds
coul
d,in
actu
ality
, be
just
asac
cess
ible
asu
nas
sign
edam
ount
sin
the
gene
ral
fund
,th
eB
oard
belie
ves
that
gove
rnm
ents
,th
roug
hth
efo
rmal
proc
ess
ofre
port
ing
amou
nts
inot
her
fund
s,ha
veas
sign
edth
ose
amou
nts
toth
epu
rpos
esof
the
resp
ectiv
efu
nds.
Thi
sS
tate
men
t pro
vide
sth
atun
assi
gned
fund
bala
nce
Isth
ere
sidu
alcl
assi
fica
tion
inth
ege
nera
lfu
ndan
din
clud
esam
ount
sth
atha
veno
tbe
enas
sign
edto
othe
rfu
nds.
Acc
ordi
ngly
,as
signed
fund
bala
nce
shou
ldbe
the
leas
t con
stra
inin
gcl
assi
fica
tion
ingo
vern
men
tal
fund
sot
her
than
the
gene
ral
fund
.
Rep
ort
ing
nega
tive
bala
nces
82.
Fie
spon
dent
sto
the
Exp
osur
eD
raft
and
part
icip
ants
inth
efie
ldte
stra
ised
ques
tion
sab
out
the
appr
opri
ate
fund
bala
nce
clas
sifi
catio
nfo
rre
port
ing
nega
tive
fund
bala
nces
.A
nega
tive
bala
nce
com
mun
icat
esth
atm
ore
reso
urce
sw
ere
spen
tfor
asp
ecif
icpu
rpos
eth
anha
dbe
enre
stri
cted
,co
mm
itted
,or
assi
gned
toth
atpu
rpos
e.A
proh
ibiti
onag
ains
tre
port
ing
nega
tive
rest
rict
edfu
ndba
lanc
esal
read
yex
ists
byex
tens
ion
ofth
ere
quir
emen
tsfo
rre
port
ing
rest
rict
edne
tas
sets
.Ite
m7.
24.1
3in
the
Cor
npr
ehen
sive
Impl
emen
tatio
nG
uide
stat
esth
atre
stri
cted
net
asse
tsis
inte
nded
topo
rtra
y,at
the
date
ofth
est
atem
ent o
fne
tass
ets,
the
exte
ntto
whi
chth
ego
vern
men
tha
sas
sets
that
can
only
beus
edfo
ra
spec
ific
purp
ose.
ifth
ere
late
dII-
abili
ties
exce
edth
eas
sets
onha
nd,
then
the
“sho
rtfa
ll,”
byde
faul
t,is
cove
red
byun
rest
rict
edne
tas
sets
.E
xten
ding
that
logi
cto
the
un
rest
rict
edfu
ndba
lanc
ecl
assi
fica
tion
s,th
eB
oard
belie
ves
that
shor
tfal
lsin
any
ofth
ecl
assi
fica
tions
wou
ldbe
cove
red
byth
ene
xtcl
assi
fica
tion
for
that
spec
ific
purp
ose
inth
ego
vern
men
t’s
spen
ding
prio
dtiz
atio
npo
licy
(sto
ppin
gat
zero
inea
chcl
assi
fica
tion)
. Thu
s,If
fund
bala
nce
(exd
uslv
eof
nons
pend
able
amou
nts)
into
tal
isne
gati
ve,t
hen
the
nega
tive
amou
ntca
non
lybe
attr
ibut
edto
the
unas
sign
edfu
ndba
lanc
ede
s-si
tica
tion.
Sim
ilar t
oth
ene
tass
etco
nclu
sion
dis
cuss
edab
ove,
shor
tfal
lsul
timat
ely
are
cove
red
1179
8
byun
assi
gned
reso
urce
s.T
heB
oard
belie
ves
that
the
use
ofun
assi
gned
reso
urce
s“i
nsu
bst
ance
”sh
ould
bere
cogn
ized
inth
efu
ndbal
ance
clas
sifi
catio
ns.
Con
sequ
ently
,th
eB
oard
conC
lude
dth
atne
gativ
eba
lanc
essh
ould
bere
port
edon
lyin
the
unas
sign
edcl
assi
fica
tion.
Al
thou
ghth
ege
nera
l fun
dis
the
only
fund
inw
hich
apo
sitiv
eun
assi
gned
fund
bala
nce
may
bere
port
ed,
othe
rgo
vern
men
tal
fund
sm
aybe
requ
ired
tous
eth
eun
assi
gned
fund
bala
nce
clas
sifi
catio
nto
repo
rtne
gativ
eam
ount
s.
83.
Para
grap
h19
stat
esth
atif
expe
nditu
res
incu
rred
for
asp
ecif
icpurp
ose
exce
edth
eam
ount
sth
atha
vebe
enre
stri
cted
,co
mm
itted
,an
das
sign
edto
that
purp
ose
anct
ane
gati
veba
lanc
efo
rth
atpu
rpos
ere
sults
,th
enam
ount
sas
sign
edto
.oth
erpu
rpos
esin
that
fund
shou
ldbe
redu
ced
befo
rere
port
ing
ane
gativ
eu
nas
sign
edfu
ndba
lanc
eam
ount
.T
his
prov
isio
ndo
esno
tre
qoir
eth
ere
duct
ion
ofre
stri
cted
orco
mm
itted
fuild
bala
nce
amou
nts.
The
Boa
rdbe
liev
esth
atin
fund
sot
her
than
the
gene
ral
lurid
, the
expe
nditu
reof
reso
urce
sas
sign
edto
one
spec
ific
purp
ose
has
been
,in
subs
tanc
e,re
assi
gned
toth
eot
her
purp
ose
forw
hich
they
actu
ally
have
been
spen
tin
the
gene
ral
fund
,on
the
othe
rha
nd,
the
Boa
rdbe
liev
esth
atan
over
expe
ndit
ure
for
asp
ecif
Icpu
rpos
eis
first
cove
red
byun
assi
gned
reso
urce
s,to
the
exte
ntad
equa
teun
assi
gned
reso
urce
sex
ist.
Tha
tis
,th
ego
vern
men
tha
s,In
effe
ct,
assi
gned
the
amou
nts
toth
epu
rpos
efo
rw
hict
tth
eyw
ere
spen
t,th
ereb
yre
duci
ngun
assi
gned
fund
bal
ance
rath
erth
anat
tnbu
ting
the
over
expe
nditu
reto
amou
nts
assi
gned
toot
her
purp
oses
.T
hefu
ndba
lanc
ecl
assi
fica
tion
polic
yfo
rthe
gene
ral
fund
,di
scus
sed
inpa
ragr
aph
18,
wou
ldde
scri
beth
atre
sour
ceflo
was
sum
ptio
n.
Cla
ssIl
Ing
fund
bala
nde
alno
uhts
84.
Thi
sS
tate
men
tdo
esno
tre
quir
eth
epro
sent
atio
nof
ade
taile
dSt
atem
ent
ofch
ange
sin
fund
bala
nces
;ra
ther
, itp
rovi
des
that
anan
aly
sis
ofen
ding
fund
bala
nce
can.
bem
ade
tod
ete
rmin
eho
wre
sidu
al.b
alan
cess
houl
d.be
dead
fled
.in
deve
lopi
ngth
eE
xpos
uroD
raft
,th
eB
oard
disc
usse
dap
proa
ches
that
wou
ldha
vees
tabl
ishe
da
requ
ired
spen
ding
pnor
ftiz
atio
nsc
hem
e,bu
tit
reje
cted
them
bec
ause
they
wou
ldne
cess
arily
bear
bitr
ary
end
wO
uld
notb
ese
nsiti
veto
the
diff
eren
ces
inre
sour
cern
iage
men
tph
iloso
phie
sth
atex
ist
from
one
gove
rn-
mer
itto
anot
her.
Som
ere
spon
dent
sto
the
Ex
posu
reD
raft
indi
cate
dth
atth
eybe
liev
eth
est
anda
rdsh
ould
requ
ire
asp
ecif
icsp
endi
ngpf
lor
itiza
tion.
The
ybe
lieve
that
the
final
stan
dard
shou
ldel
ate
that
reso
urce
sar
eus
edin
the
sam
ede
soon
ding
orde
ras
the
fund
bala
nce
clas
sifi
catio
nsap
pear
inth
ehi
erar
chy,
and
one
Boa
rdrh
embe
rag
rees
with
that
posi
tion
(see
para
grap
hs13
5an
d13
6).T
heB
oard
rede
libe
rat
edth
eis
sue
and
reaf
firm
edth
eE
xpos
ure
Dra
ft’s
appr
oach
that
fund
bala
nce
atth
een
dof
are
po?t
ing
peri
odsh
ould
refl
ect
the
go
ver
nm
ent’
sac
coun
ting
polic
yth
atde
term
ines
whi
cham
ount
sin
the
vari
ous
clas
sIfi
catio
nsar
eco
nsi
dére
dto
have
been
spen
t.T
heB
oard
reco
gni
zes
that
afin
alde
term
inat
ion
ofw
heth
ersp
eci
ficre
sour
ces
are
rest
rict
edm
ayul
timat
ely
besu
bjec
tto
lega
l Int
erpr
etat
ion.
The
gove
rnm
ent’
spo
licy
shou
ldth
eref
ore
beco
nsis
tent
with
such
lega
ldet
erm
inat
ions
.FO
rex
ampl
e,if
ago
vern
men
t’s
polic
yis
tosp
end
unre
stri
cted
reso
urce
sbe
fore
cert
ain
rest
rict
edre
sour
ces,
the
repo
rted
rest
rict
edam
ount
sar
ere
quir
edto
bele
gally
cons
trai
ned
fora
spec
ifie
dpu
rpos
eat
the
end
ofth
ere
port
ing
peri
odto
bein
clud
edin
the
rest
iicte
dfu
ndba
lanc
ecl
assi
fica
tion.
Dis
clos
ure
ofth
ego
vern
men
t’s
polic
ies
shou
ldpr
ovid
eco
nte
xtw
ithin
whi
chre
ader
sca
nbe
tter
unde
rsta
ndth
efu
ndba
lanc
ein
form
atio
nbe
ing
repo
rted
.
85.
Sev
eral
resp
on
den
tsco
mm
ente
dth
atso
me
gove
rnm
ents
dono
tha
vefo
rmal
spen
din
gpr
iorl
tizat
ion
polic
ies
and
that
esta
blis
hing
thos
epo
licie
sm
aybe
diffi
cult
How
ever
, gov
ern
men
tsal
read
yar
ere
quir
edby
Stat
emen
t34
toha
vea
polic
yfo
rde
term
inin
gw
heth
erre
stri
cted
orun
rest
rict
edam
ount
sar
esp
ent.
Furt
her
mor
e,es
tabl
ishi
ngan
addi
tiona
lpol
icy
todet
erm
ine
whe
ther
com
mitt
ed,
assi
gned
,or
uri
assi
gned
amou
nts
have
been
spen
tis
expe
cted
tobe
aon
e-tim
eef
fort
atth
etim
eof
impl
emen
tatio
n.N
ever
thel
ess,
inre
spon
seth
ose
conc
erns
,th
eB
oard
deci
ded
that
this
Sta
tem
ent
shou
ldpr
ovid
ea
“def
ault’
polic
yfo
rgo
vern
men
tsth
atdo
note
stab
lish
apo
licy,
stip
ulat
ing
that
,co
mm
itted
amou
nts
wou
ldbe
redu
oed
first,
follo
wed
byas
sign
edam
ount
s,an
dth
enun
assi
gned
,w
hen
expe
ndit
ures
are
incu
rred
forp
urpo
ses
for
whi
cham
ount
sin
any
ofth
ose
unre
stri
cted
fund
bala
nce
clas
sifi
catio
nsco
uld
beus
ed.
Som
ere
spon
dent
sal
soco
nten
ded
that
thes
pend
ing
pri
oriti
zatio
npo
licy
disc
losu
res
requ
ired
inth
eE
xpo
sure
Dra
ftw
ould
beco
me
‘boi
lerp
late
”an
d
iV?9
9
-a
GA
SB
S54
thus
shou
ldno
tbe
requ
ired
. The
Boa
rdIs
sensi
twe
toco
ncer
nsab
out
exce
ssiv
edi
sclo
sure
but
cont
mue
sto
belie
veth
atth
ose
disc
losu
res
are
esse
ntia
lfo
ra
read
er’s
unde
rsta
ndin
gof
the
fund
bala
nce
clas
sifi
cati
ons
requ
ired
byth
isSt
atem
ent.
Bec
ause
the
proc
edur
esto
rcom
mit
ting
and
assi
gnin
gre
sour
ces
tosp
ecif
icp
ur
pose
sm
aydi
ffer
from
gover
nm
ent-
to-
gove
rnm
ent,
user
sne
edto
unde
rsta
ndth
epr
oces
sth
roug
hw
hich
the
cons
trai
nts
have
been
thip
osed
bya
part
icul
argo
vern
men
tto
help
asse
ssth
eav
aMT
ity
ofam
ount
sre
port
edin
gove
rnm
enta
l fun
ds.
86.
Som
eco
mm
enta
tors
poin
ted
out
that
gov
ernm
ents
may
have
diff
eren
tpo
licie
sfo
rdi
ffer
ent p
rogr
ams
orfu
nctio
nsan
dth
ata
sing
leflo
was
sum
ptio
nw
ould
not b
ere
pres
enta
tive
ofth
atm
anag
emen
tap
proa
ch.
Inre
spon
seto
thos
eco
mm
ents
,th
eB
oard
mod
ifie
dth
atpr
ovis
ion
from
the
Exp
osur
eD
raft
toeh
mrn
ate
the
unin
tend
edim
plic
atio
nth
ata
gove
rnm
ent w
ould
bere
quir
edto
appl
ya
sing
lecl
assi
fica
tion
polic
yto
allo
f its
prog
ram
sor
func
tions
.
ieE
xpos
ure
Dra
ftin
clud
eda
prov
isio
not
her
than
the
gene
ral
fund
,un
spen
t‘
tsth
atw
ere
assi
gned
toa
spec
ific
pu
r.h
atis
nolo
nger
appl
icab
lesh
ould
not
bere
port
edas
assi
gned
fund
bala
nce
but,
ra1h
esh
ould
bein
clud
edin
the
unas
sign
edlu
ridbal
ance
ofth
ege
nera
lfu
ndby
repo
rtin
gth
ose
amou
nts
asdu
eto
the
gene
ral
fund
.M
any
resp
onde
nts
obje
cted
toth
atpr
opos
al,
indi
catin
gth
atth
eybe
liev
eth
atam
ount
str
ansf
erre
dto
othe
rfu
nds
rem
ain
com
mitt
edor
assi
gned
toa
spec
ific
purp
ose
until
the
gove
rnm
entt
akes
ac
tion
toel
imin
ate
orm
odify
thos
eco
mm
itmen
tsor
assi
gnm
ents
Afte
rre
delib
erat
ing
the
Exp
osu
reD
raft’
sre
quir
emen
t,th
eB
oard
agre
edw
ithth
atno
tion.
Alth
ough
the
Boa
rdbe
liev
esth
atpr
epar
ers
have
am
spon
sd,lN
Iyto
peri
ocilc
ally
revi
ewth
est
atus
ofco
mm
itm
ents
and
assi
gn
men
ts,
the
Boa
rddo
esno
tbe
lieve
that
aca
utio
nary
prov
isio
nin
the
stan
dard
isne
cess
ary
toin
form
them
that
itw
ould
bein
appr
opri
ate
toco
ntin
ueto
repo
rtan
amou
ntas
com
mitt
ec!
oras
sign
edif
the
purp
ose
for
whi
chth
eco
mm
it-m
ento
ras
sign
men
tw
asIm
pose
dha
sex
pire
d.In
addi
tion,
the
Boa
rdun
ders
tand
sth
at, i
nm
any
case
s,th
ere
ason
that
afu
ndis
ina
defic
itpo
st-
lion
isbe
caus
eIt
has
ala
rge
bala
nce
“due
toth
ege
nera
lfu
nd”
repr
esen
ting
alo
anth
atw
asne
eded
toco
ver
curr
ent
expe
ndit
ures
inan
lici
patto
nof
othe
rre
sour
ces.
The
prov
isio
nin
the
Exp
osur
eD
raft
wou
ldha
veca
used
anam
ount
due
horn
the
gene
ral f
und
tobe
repo
rted
, off
set
ting
the
amou
ntdu
eto
.the
gene
ral
fund
and,
inef
fect
,re
clas
sify
ing
the
loan
asa
tran
sfer
. Afte
rco
nsid
erin
gth
eco
mm
ents
toth
e.E
xpos
ure
Dra
ftm
ade
byre
spon
dent
s,th
eB
oard
agre
edth
at,
inth
isin
stan
ce,
repo
rtin
ga
flow
offu
nds
that
likel
yw
illno
tta
kepl
ace
shou
ldno
tbe
requ
ired
.
Lev
elof
deta
ilof
fund
bala
nce
ela
ssth
c
88.
The
Exp
osur
eD
raft
prop
osed
that
the
two
com
pone
nts
ofno
nspe
ndab
lefu
ndba
lanc
e—re
sour
ces
that
are
not
insp
enda
ble
form
and
thos
eth
atar
ele
gally
orco
ntra
ctua
llyre
quir
edto
bem
aint
aine
din
tact
—be
pres
ente
dse
pam
tel
Res
tric
ted
fund
bala
nce
wou
ldb
ere
port
edat
the
sam
ele
vel o
fdet
ail a
sre
quir
edfo
r res
tric
ted
net
asse
tsin
para
grap
h32
ofS
tate
men
t34
.C
omm
itted
and
assi
gned
find
bala
nces
wou
ldbe
repo
rted
insu
ffic
ient
deta
ilso
that
the
maj
orpu
rpos
esfo
rwhi
cham
ount
sar
eco
mm
itted
and
assi
gned
can
beid
entif
ied
read
ity
89.
Seve
ral
Exp
osur
eD
raft
resp
onde
nts
urge
dth
eB
oard
tocl
arify
, tho
sere
quir
emen
tsin
the
fina
lSt
atem
ent.
Som
eco
nclu
ded
that
the
disc
losu
res
sugg
este
dby
the
Exp
osur
eD
raft
wou
ldbe
too
deta
iled
and
too
time-
cons
umin
gto
corn
pile
.O
ther
sre
com
men
ded
that
the
Boa
rdex
pres
sa
pref
eren
cefo
rei
ther
disp
lay
ordi
sclo
sure
.St
illot
hers
pref
erre
da
requ
irem
ent
that
calle
dfo
rdis
play
inth
eag
greg
ate
with
supp
ort
ing
deta
ils
disc
lose
din
the
note
s.M
any
user
sha
vetr
adit
iona
lly
bee
nam
biva
lent
abo
ut
whe
ther
thistr1pe
ofin
form
atio
nIs
disc
lose
din
the
note
sor
disp
laye
don
the
face
offi
nanc
ial
stat
emen
tsU
sers
that
expr
ess
apr
efer
ence
are
divi
ded—
som
epr
efer
mor
ede
tail
onth
efa
ceof
the
stat
emen
t,pr
ovid
edit
Isno
tso
volu
min
ous
asto
bedi
stra
ctin
g,w
here
asot
hers
pref
erno
tedi
sclo
sure
, as
they
beli
eve
itca
nbe
mor
ein
for
mat
ive
and
easi
erto
read
.C
onse
quen
tly,
the
Boa
rddo
esno
tbe
lieve
that
ther
eis
any
sing
leap
proa
chth
atof
fers
such
anad
vant
age
over
oth
ers
that
itsuse
shou
ldbe
requ
ired
ore
nco
ur
aged
. Thu
s,th
eno
npre
scri
ptiv
eap
proa
chIn
the
Exp
osur
eD
raft
was
reta
ined
for
the
fina
lS
tate
men
t,an
dgo
vern
men
tsar
epr
ovid
edw
Ithop
hone
for
mee
ting
thes
ere
qti
iem
ents
-4hre
ugh
dis
pIa
dls
closu
re,o
raco
mbi
nati
onof
both
.
t18
00
Stabl
anan
gem
.nts
90.
Sta
bili
zati
on(r
ainy
-day
)ar
rang
emen
tsw
ere
‘dew
ased
inth
eIn
vita
tion
toC
omm
ent
inco
nnec
tion
with
the
alte
rnat
ives
prop
osed
for
the
spec
ial
reve
nue
fund
defi
nitio
n.R
espo
nden
tsw
ere
aske
dth
eir
pref
eren
ces
for
repo
rtin
gst
abili
zatio
nam
ount
s(a
)as
aco
mpo
nent
offu
ndba
lanc
ein
the
gene
ral
fund
,(b
)in
ano
tedi
sclo
sure
orse
para
tesc
hedu
leth
atdi
lsag
gre
gate
sth
ege
nera
lfu
nd,
(c)
asa
new
fund
type
,or
(d)
bysn
otti
erap
proa
ch.
The
Boa
rdcO
nsid
ered
the
adva
ntag
esan
ddl
saóv
itnta
ges
ofea
chof
thos
e’al
tern
attv
esan
dth
eco
mm
ents
t,om
rOsp
orid
ents
toth
eIn
vita
tion
toC
omm
ent b
efor
ere
achi
ngth
eco
nclu
sion
prop
osed
inth
eE
xpo
sure
Dra
ft.
91.
Initi
ally
, the
Boa
rdco
nsid
ered
incl
udin
gst
abl
hzat
ion
amou
nts
asa
clas
sifi
catio
nw
ithin
the
nons
pend
able
fund
bala
nce
clas
sIfi
catio
nba
sed
onth
eco
ncep
tth
atst
abili
zatio
nam
ount
sar
eS
pend
able
only
whe
nce
rtai
nsp
ecif
icci
rcum
stan
ces
orco
ndit
ions
exis
t—if
thos
eci
rcum
stan
ces
orco
nditi
ons
dono
t exi
stat
the
end
ofth
efi
nanc
ial
repo
rtin
gpe
riod
,th
enth
ere
sour
ces
cann
otbe
spen
t.T
heB
oard
even
tual
lyre
ject
edth
atap
proa
chpr
imar
ilybe
caus
eth
eno
nspe
ndab
leca
ptio
nIm
plie
sa
leve
lof
con
stra
int
that
ov
erst
ates
mos
tst
abil
izat
ion
erra
ng
92.
The
Boa
rdco
nclu
ded
that
,ge
nera
lly,
the
mos
tap
prop
riat
epr
esen
tatio
nof
stab
iliza
tion
amou
nts
wou
ldb
ees
aco
mpo
nent
offu
ndb
alan
cein
the
gene
ral f
und.
The
Boa
rdag
reed
that
ecoi
xnio
slab
dhia
ifon
(ora
sim
ilar i
nten
tion
bya
diff
eren
tna
me)
cons
titut
eda
spec
ific
purp
ose
and,
ther
efor
e,am
ount
sco
nstr
aine
dto
stab
iliz
atio
nw
ould
usua
llym
eet
that
crite
rion
for
incl
usi
onin
the
com
mIt
ted
orre
stri
cted
fund
bala
nce
clas
sifi
catio
nsof
the
gene
ral
fund
.In
som
ein
stan
ces,
for
exam
ple,
Ifse
ttin
gas
ide
stab
iliz
atio
nre
sour
ces
isa
cons
titut
iona
lre
quir
emen
t,th
ose
amou
nts
may
mee
tone
orrn
ore
cith
eci
i-te
dsof
the
rest
rict
edfu
ndba
lanc
ecl
assi
feos
tlon.
The
Boa
rdbe
lieve
sth
atit
Isun
likel
yth
ata
stab
iliz
atio
nar
rang
emen
twou
ldsa
tisfy
the
crite
ria
tobe
repo
rted
asa
sepa
rate
spec
ial
reve
nue
fund
bec
ause
the
reso
urc
esus
uall
ydo
not
deri
veft
oma
spec
ific
rest
rict
edor
com
mit
ted
reve
nue
sour
ce,
asre
quir
edby
that
fund
type
defin
ition
.P
arag
raph
21of
this
Sta
tem
ent
was
amen
ded
tocl
lfy
that
po
lnt
GA
SBS6
4
93.
ThI
sS
tate
men
tre
quir
esth
atst
abili
zatio
nar
rang
erne
nts.
becl
assi
fied
with
inth
eco
mm
itte
dor
rest
rict
edfu
ndba
lanc
ecl
assi
fica
tions
itth
eysa
tisfy
the
resp
ectiv
ecr
iteria
ofth
ose
clas
sifi
catio
ns.
How
ever
, the
Boa
rdco
nclu
ded
that
,fo
rfi
nanc
ial
repo
rtin
gpu
rpos
es,
stab
iliza
tion
shou
lebe
rega
rded
asa
spec
ific
purp
ose
only
ifth
eci
rcum
stan
ces
orco
nditi
ons
that
sign
alth
ene
edfo
rst
aIlz
atio
nar
eid
entif
ied
insu
ffic
ient
deta
il.T
hegu
idan
cepr
ovid
edin
para
grap
h20
ofth
isS
tate
men
tw
asex
pand
edto
clar
ify
the
mea
ning
ofsp
ecif
icpu
rpos
e,in
the
cont
ext
ofst
abili
zatio
n.
94.
The
Boa
rdco
nsid
ered
and
reje
cted
the
no
tion
that
stab
iliza
tion
amou
nts
mig
htal
som
eet
the
assi
gned
fund
bala
nce
crite
ria
and
coul
dth
eref
ore
bere
port
edw
ithin
the
assi
gned
clas
sific
atio
n.T
heB
oard
belie
ves
that
stab
iliza
tion
isa
purp
ose
that
, rel
ativ
eto
spec
ific
activ
ityor
pro
gram
purp
oses
,ha
sin
here
ntfin
anci
alre
port
ing
sign
ific
ance
. Tha
tis,
awar
enes
sof
the
exis
tenc
ean
dco
nditi
ons
ofst
abili
zatio
nar
rang
emen
tsan
dam
ount
sca
nhe
lpus
ers
asse
ssa
gove
rnm
ent’
sfi
nanc
ialh
ealth
.Con
sequ
ently
,fo
rfin
ari
del
repo
rtin
gpu
rpos
es,
the
Boa
rdbe
lieve
sth
ata
gove
rnm
ent’
sab
ility
toes
tabl
ish
and
spen
dst
abili
zatio
nam
ount
ssh
ould
beth
epr
ovin
ce,a
ta
min
imum
,of
itshi
ghes
tle
vel
ofde
cisi
on-
mak
ing
auth
ority
,w
hich
Isco
nsis
tent
with
the
crit
eria
,fo
rth
eco
mm
itte
dfu
ndbal
ance
ion.
95,
The
GA
SB’s
rese
arch
foun
dth
atus
ers
o’t•
ten
cons
ider
stab
iliza
tion
arra
ngem
ents
tobe
apo
sitiv
ein
dica
tor
ofa
gove
rnm
ent’
sfis
calm
anag
emen
tph
iloso
phy;
that
is,go
vern
men
tsth
ates
tabl
ish
stab
iliza
tion
arra
ngem
ents
are
per
peiv
edby
man
yto
bere
spon
sibl
yse
tting
asid
ere
sour
ces
tow
iths
tand
unex
pect
edre
venu
esh
ortf
alls
orex
pend
iture
need
s.H
owev
er, s
ome
fina
ncia
lst
atem
ent
user
sin
terv
iew
edby
he
GA
SBex
pres
sed
conc
ern
abou
tthe
irin
abuy
tofin
dst
abili
zatio
nam
ount
sin
the
fina
ncia
lst
ate-
mer
itsof
cert
ain
gove
rnm
ents
.Thu
s,th
eB
oard
conc
lude
dth
atin
form
atio
nab
out
stab
iliza
t’ron
arra
ngem
ents
shou
ldbe
disc
lose
din
the
note
sto
fina
ncia
lst
atem
ents
,ev
enif
thos
ear
range
men
tsdo
not
mee
tth
ecr
iteri
afo
rdi
spla
yas
com
mitt
edor
rest
rict
edfu
ndba
lanc
e.
MIn
Imum
fund
bala
nce
poli
cydi
sclo
sure
s
96.
Man
ygo
vern
men
tscr
eate
dofa
cto
stab
ili
zati
onar
rang
emen
tsby
esta
bli
shin
gfo
rmal
GA
SB
.Ste
men
toS
tan
ds
Fw
idB
alan
ceR
epo
rtin
gA
ndG
ov
ern
men
tal F
und
Typ
eD
efin
itio
ns
1180
1
GA
SB
S54
GA
SB
Sta
tem
ent o
f Sta
ndar
ds
min
imum
fund
bal
ance
requ
irem
ents
.T
heB
oard
beli
eves
that
user
sar
esi
mila
rly
inte
res
ted
inin
form
atio
nab
out
thos
em
inim
umlu
ndba
lanc
ere
quir
emen
tsan
dho
wth
eyar
eco
mpl
ied
with
byth
ere
spec
tive
gove
rnm
ents
.T
here
fore
,th
isS
tate
men
tal
sore
quir
esth
atgo
vern
men
tsdi
sclo
seth
eir
min
imum
fund
bal
ance
polic
ies.
Som
eE
xpos
ure
Dra
ftre
spond
ents
and
field
test
par
tica
nts
aske
dth
atth
efi
nal S
tate
men
t mor
edea
rly
iden
tify
the
min
imum
bala
nce
arra
ngem
ents
that
are
inte
nded
tobe
the
focu
sof
the
disc
losu
rere
quir
emen
t.T
hey
poin
ted
out t
hat g
over
nmen
tsar
eof
ten
requ
ired
tom
aint
ain
min
imum
bala
nces
byor
dina
nce,
stat
ute,
inde
ntur
e,co
ntra
ct,
and
othe
rso
urce
san
das
ked
whe
ther
the
disc
losu
res
wou
ldbe
requ
ired
for a
llm
iwnu
mba
lanc
es,
rega
rdle
ssof
the
sour
ceof
the
requ
irem
ent o
rits
obje
ctiv
e.To
clar
ifyth
efo
cus
ofth
em
inim
umba
lanc
edi
sclo
sure
s,pa
ragr
aph
27re
fers
topo
licie
sra
ther
than
requ
irem
ents
and
emp
has
izes
that
those
poli
cies
are
ado
pte
dor
esta
Wis
hed
byth
egov
ernm
ent
todi
stin
guis
hth
emfr
omot
her
min
im
umba
lanc
ere
quir
emen
tsth
atar
eim
pose
dup
onth
ego
vern
men
tfr
omot
her
sour
ces
and
(i,)
rtln
gE
ncu
mbra
nce
s
tf.
hlde
velo
ping
the
Eq,
osur
eD
raft
the
Boa
rddi
scus
sed
the
ques
tion
ofw
heth
eren
cwt,
ance
sm
eet
the
crite
riato
bein
clud
edin
the
rest
rict
ed,
com
mitt
ed,
oras
sign
edfu
ndba
lanc
ecl
assi
fice
tions
.In
the
prev
ious
mod
el, e
ncun
bran
oes
wer
ein
clud
edin
the
rese
rved
fund
bala
nce
cate
gory
.H
er.
witl
Inth
ede
ssif
icat
ion
eppr
oach
inth
isSt
atem
ent,
the
Boa
rdco
nclu
ded
thata
encu
mbn
si
doesr
ther
cons
trai
rit o
nth
eus
eof
amou
nts
thai
isat
eady
corn
mui
cate
dby
clas
sifi
catio
nas
rest
rict
ed,
com
mIt
ted,
oras
s1éd
.T
here
stri
cted
,co
mm
itted
,an
das
sign
edof
itrid
tela
rice
amcl
atin
guis
hed
byth
ers
dent
tow
hich
purp
ose
1bl,
ons
have
been
esta
blis
hed
mga
l*ig
the
use
ofth
ose
amou
nts.
Non
eof
thoS
etirrre
amba
sed
onab
udg
etal
yav
alab
ility
notio
nin
the
way
elax
itre
rrce
sar
e.In
tact
,ano
urts
iianyott
hose
thie
e&
atio
risal
soco
uidb
ëen
birr
iber
edho
rna
budg
etal
ype
ispe
ctiv
e.B
ased
onth
ose
cons
ider
atio
ns, t
heB
oard
dste
m*r
edth
atre
porti
ngen
crxr
ibra
nces
asa
sepa
rate
clas
sific
atio
nis
Inco
mpa
tbe
wIth
the
focu
son
purp
ose
limita
tions
esta
blis
hed
inth
eft
,xib
alan
cehie
ra
clud
edth
at,
for
gove
rnm
ents
that
use
encu
mbr
ance
sin
thei
rbu
dget
ary
acco
untin
gsy
stem
,in
form
atio
nab
out
sign
ific
ant
encu
mbr
ance
ssh
ould
bedi
sclo
sed
inth
eno
tes
toth
efin
anci
alin
corj
kird
imw
ithod
1erc
orm
*nen
tsis
iher
then
depl
eyed
onth
eho
eof
the
tijd
fina
nd
ats
imerh
.
98.
The
com
men
tsof
resp
onde
nts
toth
eE
xpo
sure
Dra
ftan
dpa
rtlc
Ønt
sIn
the
field
test
mad
eit
evid
ent
that
man
ydi
sagr
eed
with
ordi
dno
tfu
llyun
ders
tand
that
encu
mbr
ance
ssh
ould
not
bedi
spla
yed
onth
efa
ceof
the
bala
nce
shee
tbu
tm
aybe
disc
lose
d.S
ome
resp
onde
nts
ar
gued
that
encu
mbr
ance
sre
pres
ent
lega
lco
mm
itmen
tsor
cont
ract
ual
obilg
atio
nsan
d,sh
ould
bere
port
edas
rest
rict
ed.
Oth
ers
expr
esse
dth
eir
belie
fth
aten
cum
bran
ces
are
nons
pend
able
and
shou
ldbe
incl
uded
inth
atfu
ndba
lanc
ecl
assi
fica
tion,
Som
eco
nten
ded
that
encu
mbr
ance
ssh
ould
beex
plic
itly
disp
laye
don
the
face
ofth
est
atem
ent.
Man
yar
gued
that
encu
mbr
ance
ssh
ould
becl
assi
fied
asco
mm
itted
oras
sign
ed, a
ndot
hers
reje
cted
the
poss
ibili
tyth
atth
eyco
uld
becl
assi
fied
asun
assf
tgne
d.T
heE
xpo
sure
Dra
ft’s
cont
enti
onth
aten
cum
bran
ces
are
abu
dget
ary
cons
ider
atio
n,ra
ther
than
afi
nanc
ial
repo
rtin
gm
atte
r,al
sow
asdi
sput
edby
som
ere
spon
dent
s
99.
The
Boa
rdre
cogn
ized
that
the
Exp
osur
eD
raft
did
not
suff
icie
ntly
com
mun
icat
eth
aten
cum
bere
dre
sour
ces
are
incl
uded
with
inth
ere
lev
ant
clas
sifi
catio
nsba
sed
onth
epu
rpos
esto
whi
chth
een
cum
bran
ces
rela
te.
For
exam
ple,
anam
ount
coul
dbe
clas
sifi
edas
rest
rict
edto
asp
ecif
icpu
rpos
e,so
me
oral
lofw
hich
also
may
been
cum
bere
d.T
hat f
urth
erde
linea
tion
ofth
een
cum
bere
dpo
rtio
nof
rest
rict
edfu
ndba
lanc
eIs
not
requ
ired
tob
.di
spla
yed
beca
use
the
en
cum
bran
cedo
esno
tfur
ther
rest
rict
the
purp
ose
for
whi
chth
ere
sour
ces
may
beus
ed.
Dis
play
ing
the
encu
mbe
red
port
ion
sepa
rate
lyon
the
face
ofth
efi
nanc
ial s
tate
men
tsw
ould
resu
ltin
ale
vel
ofde
tail
that
does
not a
ddto
the
deci
sion
-us
eful
ness
ofth
ein
form
atio
n.T
heB
oard
ther
efo
rede
cide
dto
add
dari
fyin
gla
ngua
gein
the
Stat
emen
t toex
plic
itly
stat
eth
aten
cum
bran
ces
shou
ldno
t be
repo
rted
sepa
rate
lyfr
omth
ecl
assi
fica
tions
offu
ndba
lanc
e—re
stri
cted
,co
mm
itte
d,an
das
sign
ed—
onth
efa
ceof
the
bala
nce
shee
t.
100.
Inre
spon
seto
the
cont
entio
nth
atan
en
cum
bran
ce(t
hrou
ghth
eis
suan
ceof
apu
rcha
se
orde
r’)
repr
esen
tsa
lega
lco
mm
itmen
tw
ithen
outs
ide
part
yan
dth
ussh
ould
bere
gard
edas
rest
rict
edfu
ndba
lanc
e,th
eB
oard
poin
tsou
tth
atsu
chan
inte
rpre
tatio
nIs
notc
onsi
sten
t with
the
defk
’dtla
nof
mst
rItte
din
Stat
emen
t 34
and
inth
isS
tate
men
tR
esbl
ctd,
asde
fine
d,ap
plie
sto
reso
urce
sth
atha
vebe
enpr
ovid
edby
cred
itors
(bon
dsa
les)
,gr
anto
rs,
ordo
nors
orha
vebe
enra
ised
purs
uant
toen
ablin
gle
gisl
atio
n.In
the
case
ofen
cum
bran
ces,
vend
ors
have
not
pro
vide
dre
sour
ces-
they
have
notp
rovi
ded
good
sor
serv
ices
andh
lsve
noin
flue
nce
over
how
ago
vern
men
tus
esIts
exis
ting
reso
urce
s.If
and
whe
na
purs
hasa
orde
rIs
fille
d,a
vend
orIs
en
title
dto
paym
ent
end
alia
blut
ywou
ldbe
reco
gni
zad,
buta
t no
poin
t doe
s tha
tven
dor h
ave
ally
Iega
lty’
enfo
rcea
ble
auth
ority
,as
outl
ined
inS
tate
men
t34
and
amen
ded
byS
tate
men
t46
,ov
erho
wth
ego
vern
men
t use
sits
reso
urce
s.
101.
The
Boa
rdal
sode
term
ined
that
the
Sta
tem
ent
shou
ldcl
arif
y,w
het
her
un
assi
gned
amou
nts
that
are
encu
mbe
red
for a
spec
ific
pur
pose
that
isno
tal
read
yin
clud
edw
ithin
the
rest
rict
ed,
com
mitt
ed,
oras
sign
edcl
assi
fica
tions
shou
ldco
ntin
ueto
bere
gard
edas
unas
sign
ed.
Tha
tIs
,do
esth
epro
cess
ofen
cum
beri
ngam
ount
seq
uate
toth
epr
oces
sth
atle
ads
‘toco
mm
itmen
tsor
assi
gnm
ents
?To
addr
ess
this
Issu
e,th
eB
oard
clar
ified
that
encu
mbr
ance
sof
othe
rwis
eun
assI
gned
amou
nts
shou
ldbe
repo
rted
inth
efu
ndba
lanc
ecl
assi
fica
tion
that
equa
tes
toth
epr
oces
sth
atth
ego
vern
men
tus
esin
encu
mbe
ring
amou
nts.
Thu
s,en
cum
bran
ces
ofun
assi
gned
amou
nts
couk
ibe
clas
sifi
edas
com
mIt
ted
oras
sign
edde
pend
ing
onth
epr
oces
sby
whi
cham
ount
sar
een
cum
bere
d.
App
ropr
iati
ons
ofex
isti
ngA
ind
bala
nce
102.
Inde
velo
ping
the
Exp
osur
eD
raft
,th
eB
oard
cons
ider
edth
eco
mm
onsi
tuat
ion
inw
hich
the
subs
eque
ntye
ar’s
budg
etin
clud
esa
spec
ific
prov
isio
nto
use
exis
ting
reso
urce
s(e
ndin
gfu
ndba
lanc
efr
omth
epr
ior
year
)fo
ra
spec
ific
purp
ose.
The
Boa
rddi
scus
sed
whe
ther
that
acti
onw
ould
mee
tth
ecr
iter
iato
bere
port
edas
anas
sign
men
tan
dco
nclu
ded
that
inso
me
circ
umst
ance
s,ap
prop
riat
ions
ofex
istin
gfu
ndba
lanc
e‘w
ould
cons
titu
tean
assi
gnm
ent,
arid
inot
hers
ituat
ions
, Itw
ould
not.
lbat
dls
tinc
tlon
shou
ldbe
base
don
whe
ther
the
appr
opri
atio
np
oss
esse
sth
ech
arac
teri
stic
sof
anas
sig
nm
ent;
that
Is, w
heth
erbo
thth
eam
ount
and
the
pwpo
seof
thtr
‘spp
r’op
dstio
nw
eap
eCil
llr
exam
ple,
age
nera
lfu
nftb
udge
t’co
utd
kis
ds
anap
prop
riat
ion
‘of
asp
ecif
icam
tfr
cm’t
hepr
ior y
ear’
sfu
ndba
lanc
eto
fina
nce
them
ra
don
ofan
athl
etic
field
.
103.
Inth
eE
xpos
ure
Dra
ft,th
eap
pllc
atio
not
the
fund
bala
nce
clas
sifi
catio
npr
ovis
ions
toan
appr
opri
atio
nof
exis
ting
fund
bala
nce
was
dis
cuss
edon
lyin
the
Bas
isfo
rC
oncl
usio
ns.R
esp
onde
nts
toth
eE
xpos
ure
Dra
ftso
ught
clar
ifi
cati
on
ofth
atap
plic
atio
nguid
ance
and
sugg
este
dth
atit
appe
arin
the
stan
dard
sse
ctio
nof
the
final
Sta
tem
ent
Inad
ditio
n,se
vera
lre
spon
dent
sar
gued
that
“bal
anci
ngth
ebu
dget
”by
appr
opri
atin
ga
port
ion
ofex
istin
gfu
ndb
alan
ceco
nstit
utes
the
setti
ngas
ide
ofre
sour
ces
for a
spec
ific
purp
ose
and
that
that
Inte
ntsh
ould
beco
mm
unic
ated
thro
ugh
the
fund
bala
nce
clas
sifi
catio
ns.
Som
eof
thos
ere
spon
dent
s.ar
gued
that
the
Exp
osur
eD
raft’
sre
quir
emen
tto
iden
tify
asp
ecif
icpu
rpos
e(t
hat l
sm
ore
spec
ific
than
bala
ncin
gth
ebu
dget
)w
asto
ore
stri
ctiv
ean
dar
bitr
ary—
they
sugg
este
dth
ata
gove
rnm
ent
coul
dsi
mpl
ych
oose
any
item
from
itsbu
dget
and
asse
rtth
atth
eex
istin
gre
sour
ces
wer
ein
tend
edto
fina
nce
that
purp
ose
The
Boa
rdge
nera
llyag
reed
and
resp
onde
d’to
thos
eco
ncer
nsby
addi
ngpa
ragr
aph
16to
this
Sta
tem
ent.
Tha
tpa
ragr
aph
Cla
rifi
esth
eci
rcum
stan
ces
unde
rw
hich
such
anap
prop
riat
ion
ofex
istin
gfu
ndba
lanc
eco
nsti
tute
san
assi
gn..
men
t.Sp
ecifi
cally
,the
Boa
rdag
reed
that
anap
prop
riat
lon
offu
ndba
lanc
ein
anam
ount
nogr
eate
rth
anth
epr
ojec
ted
exce
ssof
expe
cted
expe
nditu
res
over
expe
cted
reve
nues
satis
fies
the
crite
riato
becl
assi
fied
asan
assi
gnm
ent
offu
ndba
lanc
e.
104.
The
Boa
rdco
nsid
ered
whe
ther
anap
pro
pria
tion
ofex
istin
gfu
ndba
lanc
eco
uld
bedesi
fled
asa
com
mitm
ent
rath
er‘t
han
anas
sign
men
t.S
ome
asse
rtth
atan
appr
opri
atio
nof
exis
ting
fund
bala
nce
nece
ssar
yto
bala
nce
the
next
year
’sbu
dget
ista
ntam
ount
toa
tem
pora
ryst
abili
zatio
nar
rang
emen
t.T
hat
is,
that
-por
tion
of’e
xist
ing
fund
bala
nce
cons
titut
es’a
fl’a
rnou
ntth
atth
ego
vern
men
tin
tend
sto
use
for’
tfud
get
ary
stab
iliza
tion
inth
e‘s
ubse
quen
tye
ar.
I-low
-ev
er,
appr
opri
atio
nof
exis
ting
fund
‘bal
ance
ladc
s’th
eco
nstr
aint
san
dong
oing
natu
reof
the
form
alst
abili
zatio
nar
rang
emen
tsad
dres
sed
inth
isS
tate
men
t.T
here
fore
,ev
en‘t
houg
hth
esp
ecif
ied
use—
stab
iliza
tion—
-issi
mila
r ifl
thos
e
Fund
Bal
ance
Ropait
hIi
ffG
over
nmen
tal F
und
Ttp
eD
elln
ilIo
ns
chy
Giv
enth
atdi
ffer
ence
liifo
cus,
the
Boa
rdco
n- 1180
211
803
GA
SBS
.54
two
situ
atio
ns,t
hefa
ctth
atin
one
inst
ance
stab
iliz
atio
nis
anh
ifen
whi
lein
the
othe
rit
Isa
corn
mill
edpu
,pos
e,th
eB
oard
belie
ves,
lead
sto
the
appr
opri
ate
clas
sifi
catio
ndi
stin
ctio
n.T
heB
oard
also
beli
eves
that
anap
prop
riat
ion
ofex
istin
gfu
ndba
lanc
edo
esno
tm
eet
the
crite
ria
for
aco
mm
itmen
t bec
ause
the
gove
rnm
ent d
oes
not
have
tota
keac
tion
tore
mov
eth
eco
nstr
aint
—it
expi
res
atth
een
dof
the
budg
etar
ype
riod
.For
-m
elst
abili
zatio
nar
rang
emen
tsw
ould
gene
rally
resu
ltin
com
mitt
edfu
ndba
lanc
ecl
assi
fica
tion,
aspr
ovid
edfo
rin
para
grap
h21
,w
here
asth
eap
prop
riat
ion
ofex
istin
gfu
ndba
lanc
efo
rte
mpo
rary
budg
etar
yst
abili
zatio
nw
ould
resu
ltin
anas
sign
men
t,pr
ovid
edth
atth
eam
ount
Issp
ed-
fled
asa
budg
etar
yre
sour
cein
the
budg
etdo
cum
enta
ndth
epu
rpos
eof
the
appr
opri
atio
nis
specif
iod.
Gov
ernm
enta
l Fun
dT
ype
Def
initi
ons
105.
The
defi
nitio
nsof
the
Indi
vidu
algo
vern
men
tal
fund
type
spr
esen
ted
inth
isS
tate
men
tpr
ovid
eth
atfu
nds
ofa
part
icul
arty
peei
ther
beus
ed(t
hat
Is,
requ
ired
)or
are
use
ddi
scre
ltona
ry)
for a
llac
tiviti
esth
atm
eet
‘la.
lfuse
ofa
fundty
pel
sgen
eral
lydli
sar
y,sp
ecif
icsi
tuat
ions
unde
rw
hich
ath
atty
pesh
ould
beus
edar
eid
entif
ied
eith
erin
the
defi
nitio
nsin
this
Sta
tem
ent
(deb
tse
rvic
efu
nds)
orby
requ
irem
ents
esta
blis
hed
Inot
her
auth
orit
ativ
epr
onou
ncem
ents
(spe
cial
reve
nuea
ndca
pita
lpro
tect
sfu
nds)
.
Gen
eral
fUnd
106.
Forc
onsa
sten
cyw
lthcl
arif
icat
ions
mad
eto
the
term
inol
ogy
inth
ede
fini
tions
ofth
eot
her
gove
rnm
enta
lfu
ndty
pes
and
toac
know
ledg
eth
atot
herg
over
nmen
tal
fund
sar
ere
quir
edon
lyin
pres
crib
edsi
tuat
ions
,th
eB
oard
conc
lude
dth
atth
ede
fini
tion
ofge
nera
lfu
ndin
para
grap
h26
ofN
CG
AS
tate
men
t1
need
eda
con
form
ing
alte
ratio
n.T
hatd
efin
ition
stat
edth
atth
ege
nera
lfu
ndis
used
toac
coun
tfor
allf
inan
cial
reso
urc
esex
cept
tho
sere
quir
edto
be
ac
coun
ted
for
inan
othe
rfu
nd.”
Tore
cogn
ize
that
the
esta
blis
hmen
tof
othe
rfun
dsca
nb
edsO
retio
nary
ince
rtai
nci
rcum
stan
ces,
the
Boa
rdco
ndu
ded
that
the
defi
nitio
nsh
ould
bere
vise
dto
stat
eth
atth
ege
nera
lfu
ndsh
ould
beus
edac
coun
tfor
and
repo
rtal
l fin
anci
alre
sour
ces
not
acco
unte
d-fo
ran
dre
port
edin
anot
her
fund
,”T
hus,
the
unin
tend
edno
tion
that
noot
her
go
v
ernm
enta
lfun
dssh
ould
bere
port
edun
less
they
are
requ
ised
lsel
imin
ated
.
Spe
cial
reve
nue
fund
type
107.
Inth
ede
liber
atio
nsfo
r the
Exp
osur
eD
raft,
rega
rdin
gth
ede
fini
tion
ofth
esp
ecia
lre
venu
efu
ndty
pe,
the
Boa
rdac
know
ledg
edth
atth
edi
vers
ityin
the
repo
rtin
gof
thos
efu
nds
Inpr
actic
eco
uld
larg
ely
beat
trib
uted
toco
nfus
ion
that
de
rive
dfr
omse
vera
lpr
ovis
ions
in.th
epr
evio
usde
fini
tion.
Tho
sepr
ovis
ions
dete
rmin
edth
en
atu
reof
the
reve
nue
sour
cefo
rw
hich
asp
ecia
lre
venu
efu
ndm
aybe
crea
ted
tore
port
inex
ter
nal f
inan
cial
stat
emen
ts, a
sw
ella
sth
ena
ture
ofot
her
reso
urce
sth
atal
som
aybe
repo
rted
inth
ose
fund
s.T
hepr
ovis
ions
inth
ede
finiti
onth
atap
pear
edto
caus
eth
eco
nfus
ion
wer
epr
ocee
dsof
spec
ific
reve
nue
soui
ses,
lega
llyes
fdct
edan
dsp
ecifi
edpu
rpos
es. T
hein
vita
tion
toC
om
men
tin
clud
edal
tern
ativ
e., I
nter
pret
atio
nsof
those
par
tsof
the
defi
nitio
n,ea
chof
whi
chw
ould
have
,to
diff
eren
t deg
rees
,lim
ited
the
repo
rtin
gof
spec
ial
reve
nue
fund
sby
man
ygo
vern
men
ts.
108.
As
disc
usse
dea
rlier
,th
efu
ndba
lanc
ein
form
atio
nne
eds
ofus
ers
vary
—fr
omIn
form
atio
nab
out
com
plia
nce
with
rest
rict
ions
onth
eus
eof
reve
nues
,to
the
rela
tive
avai
labi
lity
ofre
sour
ces,
toth
ere
venu
esan
dex
pend
itur
esof
spec
ific
prog
ram
san
dac
tIvi
ties.
The
com
men
tsre
ceiv
edfr
omth
eIn
vIta
tion
toC
omm
ent
resp
onde
nts
abou
tth
eus
eof
spec
ial
reve
nue
fund
sva
lidat
edth
atno
tion
and
are
indi
cativ
eof
the
diff
eren
ces
Inth
ew
ayin
whi
chth
ose
fund
sha
vebe
enre
port
edin
prac
tice.
On
one
side
are
thos
eth
atbe
liev
eth
atsp
ecia
lre
venu
efu
nds
shou
ldbe
used
only
tore
port
the
use
and
avai
lab
ility
ofsp
ecif
icre
venu
es(a
mot
orfu
elta
xfu
nd,
for
exam
ple)
,w
hIle
onth
eot
her
side
’are
thos
eth
atbe
liev
eth
atsp
ecia
lre
venu
efu
nds
also
may
beus
edto
repo
rtth
ere
venu
esan
dex
pend
itur
esof
spec
ific
prog
ram
sor
actM
tles
(apu
blic
libra
ryfu
nd,f
orex
ampl
e).
109.
Inco
nnec
tion
with
the
inte
ntof
the
pro
ceed
sof
spec
ific
reve
nue
sour
ces
prov
isio
n,a
ques
tion
inth
ein
vita
tion
toC
omm
ent
aske
dw
hat
reso
urce
ssh
ould
beac
coun
ted
for
ina
spec
ial
reve
nue
fund
incl
uded
inex
tern
alfi
nan
cial
repo
rts.
The
alte
rnat
ives
wer
e(a
)on
lya
spec
ific
reve
nue
sour
ce,
(b)
asp
ecif
icre
venu
eso
urce
and
tran
sfer
red
mat
chin
gam
ount
s,or
(c)
11O
Fina
ncia
lre
port
ing
stan
dard
sdo
not
requ
ite-s
epar
ate
fund
usag
efo
reit
hers
peci
fic
rev
enue
sor
spec
ific
activ
ities
.Tha
tis,
GA
AP
does
not
requ
ire-
all
rest
rict
edro
adan
dbr
idge
taxe
sfo
rex
ampl
e,to
bere
port
edin
sepa
rate
spec
ial
reve
nue
fund
s,T
here
fore
,so
me
gove
rnm
ents
repo
rtth
ose
reve
nues
inth
eir
gene
ral
fund
and
othe
rsus
eon
eor
mor
efu
nds.
Sim
War
lyG
MP
does
not
requ
ire
gove
rnm
ents
tore
port
thei
rpu
blic
park
sac
tivi
ties
(or
any
othe
rsp
ecif
icfu
nctio
n,pr
ogra
m,o
ract
Mty
)In
asep
isra
tefu
nd.
Con
sequ
ently
,so
me-
gove
rnm
ents
acco
unt
for
oil
publ
icpa
rks
reve
nues
and
expe
ndIt
ures
inth
ege
nera
lfu
nd,
whi
leot
hers
use
ase
para
tefu
nd,-
ahds
tltlo
ther
sus
ebo
th.A
sa
resu
lt,so
me
have
asse
rted
that
anac
tMty
-bas
edap
proa
chis
not i
nac
cord
with
the
Inte
nded
use
ofsp
ecia
lre
venu
efu
nds
and
does
little
,if a
nyth
ing,
toen
hanc
eco
nsis
tenc
yB
ecau
sean
activ
ityco
uld
bere
port
edfri
a’va
riet
yof
way
s(in
the
gene
ral
fund
,in
asp
eola
lrev
enu
efu
nd,
orin
both
),th
ose
that
are
Inte
rest
edIn
activ
ityre
port
ing
may
not
find
the
info
rmat
ion
they
need
unle
ssth
esp
ecia
lre
venu
efu
ndde
finiti
onre
quire
si’s
port
ing
ofac
tiviti
esin
sepa
rate
spec
ial
reve
nue
fund
s.-.
111.
Pro
pone
nts
ofan
activ
ityfo
cus
sugg
est
that
IfIt
Ises
sent
ialf
orre
ader
sto
beab
leto
Iso
late
the
proc
eeds
and
uses
ofa
rest
rict
edre
ven
ue,
then
ase
para
tefu
ndsh
ould
bere
quIr
edfo
ral
lre
stri
cted
reve
nues
.T
hat
is,
ifgover
nm
ents
can
repo
rta
spec
ific
rest
rict
edre
venu
ein
112.
Apo
pula
rar
gum
ntfr
omth
ose
that
sup
port
limiti
ngth
eus
eof
spec
ial
reve
nue
fund
sto
repo
rtin
gth
eus
esof
rest
rict
edre
venu
esIs
that
itde
mon
stra
tes
com
plia
nce
with
spen
ding
rest
rict
ions
. Yet
,th
eB
oard
Isaw
are
that
gove
rnm
ents
can
repo
rtco
mpl
ianc
ese
lect
ivel
yw
ithw
hate
ver
rest
rict
edre
venu
esth
eych
oose
tore
-po
rt‘in
asep
arat
esp
ecia
lre
venu
efu
nd.
Re
stri
cted
reve
nues
for
whi
chth
eych
oose
nott
ode
mon
stra
teco
mpl
ianc
eca
nbe
repo
rted
inth
ege
nera
lfu
ndw
ithot
her
reve
nues
,bo
thre
stri
cted
and
unre
strI
cted
.T
hat
leve
l’of
flexi
bilit
yle
dth
eB
oard
toco
nclu
defo
rthe
Exp
osur
eD
raft
that
gene
ral
purp
ose
Oxt
erna
lfi
nanc
ialst
ate
mer
itsar
eno
tthe
mos
tap
prop
riat
em
ediu
mfo
rde
mon
stra
ting
this
form
ofco
mpl
ianc
e.
113.
Man
yus
ers
that
favo
rlim
iting
spec
ial
rev
enue
fund
usag
edo
nota
sser
ttha
tthe
yw
antt
qju
dge
com
plia
nce
but
rath
erth
atth
eyw
ant
tokn
owab
out
avai
labi
lity
ofre
sour
ces.
Gov
ern
men
tcom
plia
ioe
with
spen
ding
limita
tions
isno
ta
driv
ing
fact
orfo
rtho
seus
ers;
rath
er, t
hey
wan
tto
know
whe
reth
eav
aila
ble
amou
nts
are.
The
Boa
rdbe
liev
esth
atsu
chin
form
atio
nca
nbe
prov
ided
thro
ugh
disp
lay
and
clas
sifi
catio
nte
chni
ques
and
base
dth
eE
xpos
ure
Dra
ftcl
assi
fica
tion
appr
oach
onth
atno
tion.
114.
-S
ome
Invi
tatio
nto
Com
men
t res
pond
ents
poin
ted,
out
that
Sta
tem
ent
34pr
ovid
esfo
ran
activ
ityor
prog
ram
focu
sin
the
gove
rnm
ent-
wid
est
atem
ent’
ofac
tiviti
esan
d,th
eref
ore,
repo
rtin
gsi
mila
rin
form
atio
nin
gove
rnm
enta
lfu
nds
wou
ldbe
redu
ndan
tW
hile
that
asse
rtio
n,on
itsfa
ce,
may
seem
valid
,m
any
fina
ncia
l
GA
SB
Sta
tem
ento
f Sta
ndar
dsF
und
Rel
ance
Rep
otIi
1gie
ndG
over
nmen
tal F
und
‘l)p
eD
efin
ition
sG
AS
BS
asp
ecif
ic4-
even
ue’ s
ourc
e,tr
ansf
erre
dm
atch
ing
the
gene
ral
fund
com
min
gle
siw
lIh
’oth
eam
ount
s,an
dot
her
lega
llylim
ited
tran
sfer
red
stri
cted
and
unre
stri
cted
reve
nees
w’i
yeli
oukI
amou
nts
The
com
men
tsre
ceiv
edho
rnth
ere
-si
mila
rm
ixbe
proh
ibite
din
ale
ssco
inpr
ehen
’.sp
onde
nts
toth
eIn
vita
tion
toC
omm
ent
re-
51w
sepa
rate
spec
ial r
even
uefu
nd?
Tho
sew
hofl
ecte
dth
edi
ffer
ence
sin
prac
tice.
Bec
ause
dlf-
pref
era
reve
nue
focu
sw
ould
resp
ond
that
ifal
tfe
ren
tuse
rg
rou
ps
hav
edi
ffer
ent
nee
ds,
unre
stri
cted
amou
nts
wer
ere
quir
edto
bere
supp
orte
rsof
eith
era
reve
nue-
focu
sed
ap-
port
edin
the
gene
ral
fund
,a
user
’sse
arch
for
prea
chor
anac
tivity
-foc
used
appr
oach
coul
dav
aila
ble
amou
nts
issi
mpl
ifie
das
long
asre
decl
are
that
cons
ider
atio
nof
user
need
sm
di-
stri
cted
amou
nts
inth
atfu
ndar
ecl
early
iden
tica
tes
supp
ort
for
thei
rpr
efer
red
defi
nitio
n.O
nfie
d.A
fter
wei
ghin
gth
ear
gum
ents
from
both
the
one
hand
,m
any
user
sfr
omth
ein
vest
orl
pers
pect
ives
,th
eB
oard
conc
lude
dth
atth
ecr
edito
rgr
oup
gene
rally
cont
end
that
the
focu
sne
Od
for
Info
rmat
ion
rega
rdin
gav
aila
ble
ofsp
ecia
l rev
enue
fund
ssh
ould
beon
reve
nues
amou
nts
isan
impo
rtan
t con
side
ratio
n,bu
t iti
sso
they
can
easi
lyid
entI
fyre
sour
ces
that
are
not
the
only
user
need
that
shou
ldbe
ad-
avai
labl
e.O
nth
eot
her
hand
,se
vera
lpr
epar
erdr
esse
d,an
dit
shou
ldno
tbe
met
atth
eex
and
atte
stor
resp
onde
nts
beli
eve
that
user
sier
ofot
hers
.ot
her
than
cred
itm
arke
tpa
rtic
ipan
tsal
sow
ant
info
rmat
ion
abou
tpr
ogra
ms
orac
tiviti
esan
dth
atsp
ecia
lre
venu
efu
nds
have
been
anef
fec
tive
med
ium
inre
port
ing
that
Info
rmat
ion.
‘II8
04
1180
5
GA
SBS
54
stat
emen
tus
ers
cont
end
that
the
min
imum
requ
irem
ent
for
leve
lof
deta
il(t
otal
dire
ctex
pens
es.
for
exam
ple)
atth
ego
vern
men
t-w
ide
leve
l is
inad
equa
tefo
rass
esst
igth
eop
erat
ions
ofa
part
icul
arac
tivity
orpr
ogra
m.
Inot
her
wor
ds.w
ithou
tadd
ition
alde
tails
ofpr
ogra
mex
pens
es(p
erso
nnel
and
rela
ted
expe
ndit
ures
stpli
es,
mai
nten
ance
, and
soon
, by
prog
ram
),ac
tivity
repo
rtin
gin
spec
ialr
even
uefu
nds
isth
eon
lyw
ayta
rus
ers
toge
t the
leve
lcii
nfor
mat
ion
they
need
toas
sess
apa
rtic
ular
prog
ram
wit
hou
tpie
cing
itto
geth
erfro
mav
aile
tyof
loca
tions
.
115.
Inar
rMng
atth
eapP
reaC
hPm
Pos
edif
lthe
Exp
osur
eD
raft,
the
Boa
rdw
asfa
ced
with
the
ques
tion
ofw
heth
era
reve
nue
focu
sora
nac
tiv
itylo
cus
prow
des
bette
rin
form
atio
n.U
sers
inte
rest
edin
loca
ting
avai
labl
ere
sour
ces,
orin
de
term
Inin
gho
wre
stri
cted
reve
nues
wer
eus
ed,
coul
dea
sily
obta
inth
atin
form
atio
nfr
omre
venu
e-ba
sed
fund
s,w
hile
need
ing
addi
tiona
lin
form
atio
nto
asse
ssth
eus
esan
dav
aila
bilit
yof
reso
urce
sIf
sing
leac
tMty
-bas
edfu
nds
wer
ere
port
ed.
The
Boa
rdbe
liev
esth
atth
ose
user
“-‘
iar
ebe
tter
serv
edby
reve
nue-
base
dre
g.C
onve
rsel
y,us
ers
inte
rest
edin
prog
ram
tivity
info
rmat
ion
wou
ldge
nera
llyne
edto
inly
toth
esi
ngle
actM
ty-b
ased
fund
sto
ob
whi
teun
der
are
venu
e-ba
sed
appr
oach
,th
eyw
ould
have
toga
ther
the
infà
rmat
lon
from
ava
riet
yof
fund
sin
clud
ing
the
gene
ral
fund
.T
heB
oard
belie
ves
that
thos
eus
ers’
need
sar
ebe
stm
etby
actM
ty’b
ased
repo
rtin
g.B
ecau
seth
eB
oard
belie
ves
thos
eco
mpe
ting
user
need
sar
eof
equa
lw
porl
anoe
.the
Boa
rdag
reed
that
aso
lutio
nto
satis
fyon
ene
edat
the
expe
nse
ofth
eot
hers
houl
dbe
avoi
ded.
116.
Aft
erca
refu
llyev
alua
ting
the
stre
ngth
san
dw
eakn
esse
sof
the
alte
rnat
ives
,the
Boa
rdco
nclu
ded
for
the
Exp
osur
eD
raft
that
the
spe
cial
reve
nue
fund
type
defi
nitio
nsh
ould
not
bein
terp
rete
din
aw
ayth
atw
ould
pmhb
ltgo
vem
man
iafr
ompu
rsui
ngan
activ
ity-b
ased
repo
rtin
gob
ject
ive
ince
rtai
nca
ses.
The
Boa
rdbe
lieve
sth
atit
isea
sier
toun
ders
tand
info
rmat
ion
abou
lsp
ecif
icre
venu
esin
anac
tivity
-bas
edsp
ecia
lre
venu
ehi
ndth
anit
isto
unde
rsta
ndin
form
atio
nab
outs
peci
fic
activ
ities
ina
reve
nue-
base
dfu
ndfr
amew
oric
.In
addi
tion,
the
Boa
rdbe
liev
esth
atm
ore
effo
rtvA
ilbe
requ
ired
.an
dm
ore
con
tusi
onw
illre
sult,
InIn
form
ing
read
ers
abou
tac
tivitl
esif
the
spec
ialr
even
uefu
ndty
peIs
defi
ned
sona
rrow
lyas
toin
clud
eon
lysp
ecif
icco
mm
it-
ted
orre
stri
cted
reve
nues
.N
ever
thel
ess,
the
Boa
rdbe
lieve
sth
atit
isim
port
antt
ost
ress
that
the
defi
nitio
nre
quir
esth
ata
spec
ific
rest
rict
edor
com
mitt
edre
venu
eso
urce
beth
efo
unda
tion
ofa
spec
ial
reve
nue
fund
.Thi
sis
one
aspe
ctof
the
clar
ific
atio
nof
the
defi
nitio
nof
the
spec
ial
reve
nue
fund
type
for
whi
chth
eB
oard
belie
ves
ther
eap
pear
sto
belit
tleco
ntro
vers
y.
117.
Gov
ernm
ents
that
curr
ently
repo
rtsp
ecia
lre
ven
ue
funds
consi
sten
tw
ith
ana
rrow
reve
nue-
base
dap
proa
char
eno
tre
quir
edto
corw
ertt
hose
fund
sto
inco
rpor
ate
mor
eof
anac
tMty
focu
&In
cont
rast
,th
ose
gove
rnm
ents
that
repo
rtsp
ecia
lre
venu
efu
nds
ina
mar
iner
cons
iste
ntw
ithth
eap
proa
d’r
prov
ided
fori
nth
isS
tate
men
tw
ould
have
been
requ
ired
tom
ake
sign
ific
ant
chan
ges
toco
mpl
yw
itha
narr
ower
reve
nue-
base
dde
finiti
on.
118.
The
ques
tion
pose
din
the
Invi
tatio
nto
Com
men
tre
gain
ing
the
mea
ning
ofle
gally
iwst
rict
edw
asin
tend
edto
solic
itvi
ews
onho
wbi
nofn
gth
elim
itatio
nson
the
use
ofa
spec
ific
reve
nue
shou
ldbe
for
itto
form
the
foun
datio
nof
ase
para
tesp
ecia
lre
venu
etun
d.T
hati
s,sh
ould
itbe
nece
ssar
yfo
r the
cons
trIn
tsto
beim
pose
don
lyth
roug
hth
ele
gally
rest
rict
ing
chan
nels
de
fine
din
para
grap
h34
ofS
tate
men
t34
,as
amen
ded
(Opt
ion
1)?
Or
can
the
cons
trai
nts
also
beIm
pose
dby
the
repo
rtin
ggo
vern
men
tit
self
even
thou
ghth
ego
vern
men
t has
the
abili
ty,
thro
ugh
som
esp
ecif
ied
leve
lof
due
proc
ess,
tore
mov
eor
mod
ifyth
em(O
ptio
n2)
?
119.
Res
pond
ents
that
expr
esse
da
pref
eren
cefo
rO
ptio
nI
allu
ded
toco
nsis
tenc
yan
dco
mpa
rabi
lity
asre
ason
sfo
rth
eir
supp
ort.
Som
esu
gge
sted
that
the
Opt
ion
1ap
proa
chpa
ralle
led
thei
rbel
ieft
hata
llun
rest
rict
edre
sour
ces
shou
ldbe
repo
rted
inth
ege
nera
lfun
dan
dth
atth
eba
sis
fora
sepa
rate
fund
shou
ldbe
ale
gal
rest
ric
tion.
Oth
ers
stat
edth
atO
ptIo
n1
wou
ldhe
toke
epth
enu
mbe
rof
fund
sata
min
imum
,an
dth
eybe
liev
eth
atit
wou
ldel
imin
ate,
orat
leas
tsi
gnif
ican
tlyre
duce
,th
ere
port
ing
ofav
aila
ble
reso
urce
sin
spec
ial
reve
nue
fund
s.T
heB
oard
ackn
owle
dges
that
the
cons
iste
ncy
and
com
pa
rabi
lily
argu
men
thas
som
em
erit,
buti
tals
ore
aliz
esth
atth
ear
gum
entI
ssi
gnlf
ican
ltydi
lute
dby
the
fact
that
gove
rnm
ents
can
choose
tore
port
rest
rict
edre
venu
esin
ase
par
ate
fund
orco
mm
Ingl
eth
ose
reve
nues
with
othe
rre
stri
cted
and
unre
stri
cted
reso
urc
esin
the
gen
eral
fund
.
Thu
s,th
eB
oard
belie
ves
that
unde
rO
ptio
n1,
cons
iste
ncy
orco
mpa
rabi
lity
wou
ldbe
fully
achi
eved
only
toth
eex
tent
that
all
spec
ial
rev
enue
fund
spre
sente
dW
ould
incl
ude
only
rest
rict
edre
venu
es,
but
itw
ould
not
be
fully
achi
eved
inth
ese
nse
that
all
gove
rnm
ents
wou
ldre
port
the
sam
ere
stri
cted
reve
nues
inid
entic
alw
ays.
The
Boa
rdal
soag
reed
with
the
sugg
esti
onth
atO
ptio
n,1
wou
ldim
pede
agov
ernm
ent’
sab
ility
tore
port
unre
stri
cted
reso
urce
sin
spec
ial
reve
nue
fund
sto
mak
eth
ose
reso
urce
sap
pear
less
avai
labl
eth
anth
eyac
tual
lyar
ebu
tco
nclu
ded
that
the
conc
ern
coul
dbe
easi
lym
itiga
ted
by.c
lear
lyst
ated
and
wel
l-de
fine
dcl
assi
fica
tions
offu
ndba
làlc
e.
120.
Aco
mm
onar
gum
ent
mad
eby
thos
eth
atpr
efer
red
Opt
ion
2is
that
itgi
ves
gove
rnm
ents
the
flexi
bilit
yto
repo
rtin
am
anne
rth
atpo
rtra
ysho
wth
eyac
tual
lym
anag
eth
eir
reso
urce
san
dac
tivi
ties
The
yco
nten
dth
atso
me
deci
sion
mak
ers
(the
legi
slat
ive
and
over
sigh
tus
ers)
wou
ldfin
dfi
nanc
ial
stat
emen
tsth
atdo
not p
rovi
deth
isfle
xibi
lity
tobe
less
usef
ul.
Ano
ther
popu
lar
obse
rvat
ion
from
the
resp
onde
nts
that
supp
orte
dO
ptio
n2
was
that
the
subs
tanc
eof
the
cons
trai
nts
aris
ing
from
rest
rict
ions
and
com
mit
men
tsis
soco
mp
arab
leth
atal
low
ing
sepa
rate
fund
fapo
rlin
gof
one
but
nott
heot
her
was
not w
arra
nted
.Fi
nally
, man
yth
atpr
efer
red
Opt
ion
2po
inte
dou
tth
atIt
mor
ecl
osel
yre
sem
bles
curr
ent
prac
tice
and
that
adop
ting
the
defi
niti
onin
Opt
ion
1w
ould
caus
esi
gnif
ican
tch
anges
and
loss
ofus
eful
info
rmat
ion.
Aft
erco
nsid
erin
gth
etw
oal
tern
ativ
es,
the
Boa
rdde
term
ined
for t
heE
xpos
ure
Dra
ftth
atin
tent
ofth
ele
gally
rest
rict
edpr
ovis
ion
inth
ede
fini
tion
shou
ldno
tbe
the
equi
vale
ntof
rest
rict
edIn
Sta
tem
ent
34bu
t,ra
ther
,sh
ould
enco
mpa
ssco
mm
itted
reso
urce
sas
wel
l.A
ccor
ding
ly,
the
Boa
rdel
imin
ated
l6ga
lly1
rom
the
spec
ial
rev
enue
fund
type
defin
ition
beca
use
itim
plie
sa
resl
ridt
ion
that
Isen
forc
eabl
eby
law
and
over
stat
esth
est
reng
thof
the
cons
trai
nts t
hat c
anbe
impo
sed
bya
gove
rnm
ent t
inits
elf.
121.
The
resp
onse
sdi
scus
sed
abov
eto
the
ques
tion
sin
the
Invi
tatio
nto
Com
men
tab
out
posa
tele
alte
rnat
ive
inte
rpre
tatio
nsof
the
term
ino
logy
inth
esp
ecia
lre
venu
efu
ndty
pede
fini
tion
wer
eve
ryin
form
ativ
eto
the
Boa
rdan
dai
ded
the
deli
bera
tion
sth
atle
dto
the
spec
ial
reve
nue
fund
type
defi
nitio
nin
the
Exp
osur
eD
raft.
The
Boa
rdde
cide
dno
tto
prop
ose
sub-
stan
tive
mod
ific
atio
nsto
the
defi
nitio
nbu
t,in
stea
d,to
prop
ose
that
gove
rnm
ents
disc
lose
inth
eno
tes
tofi
nanc
ial
stat
emen
tsth
eki
nds
ofre
venu
esth
atar
ere
port
edin
spec
ial
reve
nue
fund
s.T
hat
is,t
hedi
sclo
sure
wou
ldre
veal
the
natu
rean
dex
tent
ofth
eco
nstr
aint
sim
pose
don
the
use
ofth
ose
reve
nues
.In
addi
tion
,th
eB
oard
conc
lude
dth
atra
ther
than
requ
irin
gw
hich
reve
nues
oram
ount
sca
nbe
repo
rted
insp
ecia
lre
venu
efu
nds,
this
Sta
tem
ent
wou
ldpr
ovid
efo
r afu
ndba
lanc
ecl
assi
fica
tion
and
dis
play
met
hodo
logy
that
wou
ldin
form
read
ers
abou
t the
leve
lsof
cons
trai
ntpl
aced
onth
eu
seof
the
amou
nts
actu
mul
atéd
insp
ecia
lre
venu
e
122.
Man
yre
spon
dent
sto
the
Exp
osur
eD
raft
expr
esse
dco
ncer
nab
out t
hech
ange
tram
cur
rent
prac
tice
that
wou
ldre
sult
ifth
epr
opos
edcl
arif
icat
ions
wer
eim
plem
ente
d.T
here
ap
pear
edtà
bem
uch
unce
rtai
nty
abou
tw
heth
ergo
vern
men
tsca
nas
sign
amou
nts
toth
epur
pose
sof
anin
divi
dual
spec
ial
reve
nue
fund
.O
nequ
estio
nth
atar
ose
was
whe
ther
asp
ecia
lre
venu
efu
ndca
nin
clud
ean
yam
ount
sth
atar
eno
tre
stri
cted
orco
mm
itted
.A
seco
ndqu
estio
nw
asw
heth
erth
efo
unda
tion
ofa
spec
ial
rev
enue
fund
can
bea
spec
ific
reve
nue
that
has
been
assi
gned
(rat
her t
han
rest
rict
edor
corn
mit.
ted)
toth
epu
rpos
eof
the
fund
. The
reas
onfo
rth
eun
cert
aint
yw
asth
ere
fere
nce
inpara
grap
h26
ofth
eE
xpos
ure
Dra
ftto
“spe
cifi
cre
ven
ues
that
are
rest
rict
edor
limite
d,”
whi
lepar
agr
aph
27of
the
Exp
osur
eD
raft
refe
rred
tore
sour
ces
that
have
been
assi
gned
toth
epur
pose
ofa
spec
ial
reve
nue
fund
.M
any
resp
ond
ents
albo
had
ques
tion
sab
out
the
incl
usio
nof
assi
gned
amou
nts
inth
edi
scus
sion
inon
epar
agr
aph
but
nott
heot
her.
The
Boa
rd’s
inte
ntw
asto
use
the
first
para
grap
hto
emph
asiz
eth
atas
sign
edre
sour
ces
shou
ldno
tbe
cons
ider
edan
appro
pri
ate
foun
datio
nfo
ra
sep
arat
esp
ecia
lre
venu
efu
nd.
The
follo
win
gpa
ragr
aph
mad
eth
epo
int
that
spec
ific
reve
nues
also
coul
dbe
assi
gned
toa
spec
ial
reve
nue
fund
(or
exis
ting
reso
urce
sfr
omot
her f
unds
coul
dbe
tran
sfer
red
in)
prov
ided
that
asu
bsta
ntia
lpor
tion
o(th
ere
sour
ces
inth
efu
ndar
eat
tnbu
tabl
eto
rest
rict
edor
com
mitt
edre
venu
es.
123.
The
Boa
rdad
dres
sed
the
ques
tion
ofw
heth
eras
sign
edam
ount
sca
nbe
repo
rted
insp
ecia
lre
venu
efu
nds
tosu
pple
men
tre
stri
cted
orco
inm
itted
reso
urce
sby
clar
ifyin
gth
atdi
scus
sion
inth
est
andar
d.
The
othe
ris
sue
was
GA
SBS
tate
men
tofS
tand
ards
Fund
Bal
ance
Rep
ort
ingan
dG
over
nmen
tal F
und
Typ
eD
efin
itio
nsG
ASB
S54
‘I
1180
6fl
807
GA
SBS
54
whe
ther
ago
vern
men
tcan
esta
blis
har
idm
awr
tama
sepa
rate
fund
with
assi
gned
reso
urce
sas
the
foun
datio
n,T
heB
oard
eval
uate
dth
epr
osan
dco
nsof
such
anap
proa
chan
dul
timat
ely
reje
cted
it,co
ndud
ing
that
itw
ould
beta
ntam
ount
toha
ving
nopa
ram
eter
sat
all f
orus
ing
spec
ial
reve
rsie
fund
s,an
dbe
caus
esu
cha
perm
issi
vede
finiti
onco
uld
ultim
atel
yun
derm
ine
the
sign
ifi
cano
eof
the
gene
ral f
und.
124.
Res
pond
ents
also
voic
edco
ncer
nsab
out
situ
atio
nsin
whi
chre
sour
ces
are
rece
ived
inon
efu
ndan
ddi
stnb
uted
toot
her
fund
sfo
rex
pend
itur
ein
acco
rdan
cew
ithsp
ecif
ied
pu
rpo
ses.
Som
ere
ferr
edto
thos
efu
nds
as“c
lear
ing
fund
s,”
and
they
surm
ised
that
the
Exp
osur
eD
raft
wou
ldal
low
for
acl
eari
ngfu
ndto
bere
port
edas
asp
ecia
l rev
enue
fund
butn
otan
ulti
mat
eex
pend
iture
fund
beca
use
thos
e“t
rans
ferr
ed”
reso
urce
sw
ould
not
beco
nsid
ered
reve
nues
ofth
atfu
nd. T
heB
oard
conc
lude
dth
atpe
rcep
tion
isa
mis
inte
rpre
tatio
nof
the
Expo
sure
Dra
Ws
inte
ntIn
thos
ein
sb
a,
the
foun
dati
onis
asp
ecif
icre
venu
ean
dif
thos
ere
‘,s
are
eith
erre
stri
cted
orco
mm
itte
d,it
esp
ecia
lre
venu
efu
nds
may
bere
,re
gard
less
ofth
efa
ctth
atth
ere
sour
ceho
llyre
ceiv
edin
anot
her f
und.
The
Boa
rd.
.._J
that
the
final
stan
dard
shou
ldcl
arify
that
,in
thos
esi
tuat
ions
the
inui
ows
shou
ldno
tbe
reco
gniz
edas
reve
nues
inth
efu
ndth
atin
itial
lyre
ceiv
esth
em.
125.
Ano
ther
recu
rrin
gco
ncer
nfr
omth
ere
spon
dent
sw
asth
atad
ditio
nal
clar
ific
atio
nis
need
edto
unde
rsta
ndw
hat
ism
eant
bysig
nitl.
.ca
ntpo
rtio
nhi
the
Exp
osur
eD
raft’
sde
fini
tion
ofsp
ecia
lre
venu
efu
nds,
wII
chst
ated
that
“re
stri
cted
orlim
ited
proc
eeds
ofsp
ecif
icre
venu
eso
urce
ssh
ould
com
pris
ea
afgn
ifrca
ntpo
rtion
ofth
ere
sour
ces
repo
rted
.”T
hefir
stcl
arIf
icat
ion
that
the
Boa
rdm
ade
was
tore
plac
eth
ete
rmsW
fcan
twith
srta
nti
alt
oel
in*r
ate
poss
ible
conf
usio
nw
ithot
her
ftia
nal
repo
rtin
gco
ñsl
dor
atio
ns.
Som
eas
ked
Wth
eald
on
appl
ies
Icre
ven
ues
orbal
ance
s.O
ther
sques
tioned
whet
her
gover
nm
ents
hav
eto
cont
inuo
usly
anal
yze
thei
rsp
ecia
lre
venu
efu
nds
tose
eit
the
rela
tive
leve
lsof
reso
urc
esw
ithin
apa
rtic
ular
fund
still
sati
sfy
the
sign
ific
ant
port
ion
requir
em
ent.
The
Boa
rdag
reed
with
those
resp
ond
ents
that
the
inte
ntof
that
prov
isio
nsh
ould
bem
ore
dear
lyex
plai
ned
inth
efi
nalS
tate
men
t.In
resp
on
seto
the
unce
rtai
nty
abou
tre
venu
esor
bala
nces
, par
agra
ph30
clar
ifIe
s tha
t the
eval
ua
tion
shou
ldbe
bas
edon
inflo
ws,
but
ital
sop
rovi
des
for
anad
ditio
nal
cons
ider
atio
nfo
rre
volv
ing
loan
fund
s.T
heB
oard
did
not
inte
ndfo
rgo
vern
men
tsto
mon
itor t
heco
nten
t oft
heir
spe
cial
reve
nue
fund
sus
ing
spec
ific
crite
ria
onan
annu
alba
sis.
The
refo
re,
the
Boa
rdcl
arifi
edin
para
grap
h31
that
the
subs
tant
ial
port
ion
as
sess
men
tsh
ould
beba
sed
ona
gove
rnm
ent’
sex
pect
aMn
abou
t whe
ther
asu
bsta
ntia
l por
tion
ofth
ein
flow
sw
illbe
from
spec
ific
rest
rict
edor
com
mit
ted
reve
nue
sour
ces.
Inad
ditio
n,th
eB
oard
agre
edth
atgo
vern
men
tssh
ould
repo
rtth
ene
tre
sour
ces
ofa
spec
ial
reve
nue
fund
inth
ege
nera
lfu
nd,
for
fina
ncia
lre
port
ing
pur
pose
s,if
itbe
com
esap
pare
ntth
atth
ego
vern
men
tno
long
erex
pect
sth
ata
subs
tant
ial
por
lion
ofth
ein
flow
sw
ilide
rive
from
rest
rict
edor
com
mitt
edre
venu
eso
urce
s.
Cap
ital p
t’ofa
cts
and
deb
tser
vice
fund
type
s
126.
The
Invi
tatio
nto
Com
men
t ask
edw
heth
erth
ede
fini
tions
ofca
pita
l pro
ject
san
dde
btse
rvic
efu
ndty
pes
shou
ldbe
mod
ifie
dto
limit
the
amou
nts
that
can
bere
port
edin
thos
efu
nds.
The
resp
onse
sw
ere
divi
ded
betw
een
thos
ew
hofa
vore
da
mor
ere
stri
ctiv
eap
proa
chto
incl
ude
rest
rict
edan
dco
mm
itte
dam
ount
son
lyan
dth
ose
who
pref
erth
efle
xibi
lity
impl
ied
inan
appr
oach
that
incl
udes
amou
nts
inte
nded
for
capi
tal
proj
ects
and
debt
serv
ice
asw
elM
arry
ofth
ose
that
sLçp
orte
dth
em
ore
rest
rict
ive
defi
nitio
ndi
dso
beca
use
they
belie
veth
atin
tent
isto
oim
prec
ise.
The
yal
soco
nten
ded
that
the
no
tion
ofin
tent
ispr
oble
mat
icbe
caus
eit
Istr
aris
ito
ryan
dth
ere
are
man
yw
ays
inw
hich
inte
ntca
nbe
man
ifes
ted.
Oth
ersu
ppor
ters
ofa
mor
ere
stri
ctiv
ede
fini
tion
com
men
ted
onth
eco
nsis
tenc
yan
dco
mpa
rabi
lity
they
beli
eve
that
ap
proa
chpr
omot
es.
Som
eof
thos
ere
spon
dent
sfo
cuse
don
cons
iste
ncy
from
year
toye
aran
dcom
paly
amon
gg
ovem
men
whi
leot
hers
belie
vesu
chan
appr
oach
Isco
nsis
tent
with
the
hist
oric
alna
ture
ofth
ose
fund
type
s.
127.
Those
that
supp
orte
da
broa
der
appr
oach
(inc
ludi
ngas
signed
amou
nts)
offe
red
ava
riet
yof
reas
ons
for
thei
rp
refe
rence
.M
any
com
men
ted
that
are
stri
ctiv
ede
finiti
onw
ould
affe
ctth
ew
aygo
vern
men
tsuse
fund
acco
unti
ngto
man
age
reso
urc
esan
dsu
gg
este
dth
atth
ebro
ader
defi
niti
onbe
ttor
refl
ects
the
way
that
man
ygover
nm
ents
oper
ate.
Sev
eral
ofth
at
met
hod’
ssu
ppor
ters
like
the
flexi
bilit
yit
pro
vide
s,an
dot
hers
favo
rit
beca
use
ital
low
sfo
r
the
accu
mul
atio
nof
amou
nts
for ‘
apa
rtic
ular
capi
tal
proj
ect
and
coul
dsh
owth
efi
nanc
ial
stat
emen
tus
eral
lof
the
amou
nts
used
for
aco
mm
onpu
rpos
e.
128.
As
was
true
for
the
spec
ial
reve
nue
fund
type
,the
Boa
rdbe
lieve
sth
aith
eco
nsis
tenc
yw
grzn
enls
wou
ldbe
mor
eco
mpe
lling
ifth
eus
eat
capi
tal
proj
ede
and
debt
serv
ice
frxr
dsw
ere
requ
ired
inal
lins
tanc
es.T
hus,
the
Boa
rdac
lcno
wl
edge
sth
atw
hile
com
para
bilit
yke
rngo
vern
men
tto
gove
rnm
entc
anbe
enha
nced
,with
outs
igni
frca
ntre
stru
ctur
ing
offu
ndty
pede
fini
tions
,an
y
high
erle
velo
fcom
para
bilit
yw
llbe
elus
ive.
Un
der
the
mor
ere
stri
ctiv
ede
fini
tions
,a
high
erle
velo
fcom
para
bilit
yco
uld
beob
tain
edif
agov
ernm
entr
epor
ted
aca
pita
lpro
ject
sor
debt
serv
ice
fund
,be
caus
eth
ena
read
erw
ould
beas
sure
dth
atth
eam
ount
sin
thos
efu
nds
coul
dno
t
beus
edfo
ran
yot
her
purp
ose.
Nev
erth
eles
s,th
ose
read
ers
wou
ldno
tbe
assu
red
that
’oth
ersi
nila
rly
rest
rict
edar
hoin
tsw
ere
not
repo
rted
else
whe
re.
129.
The
Boa
rddo
esno
tbe
have
that
the
con
tent
ion
that
ana
rrow
er,
mor
ere
stri
ctiv
ede
fini
tion
isco
nsis
tent
with
the
natu
reof
the
fund
sis
supp
orte
dby
the
liter
atur
e.Fo
rexa
mpl
oth
ear
gum
entt
hatc
apita
lpr
ojec
tsfu
nds
are
inte
nded
toac
coun
tfo
ron
lyre
stri
cted
orco
mm
itted
re
sour
ces
isco
ntra
dict
edby
the
lang
uage
mnp
ara
grap
h28
ofN
CG
ASt
atem
ent
1,w
hich
char
ac
teri
zes
tho
sefu
nds
aspro
ject
-onen
ted
and
furt
her
Sta
tes
that
fund
acco
unti
ngre
cord
ssh
ould
refl
ect
tota
lpro
ject
fina
ncia
lre
sour
ces.
Thu
s,on
eco
uld
conc
lude
that
aca
pito
lpro
ject
sfu
ndsh
ould
repo
rta
com
plet
epnct,
notj
ust
the
port
ion
that
Isfi
nanc
edw
ithre
stri
cted
orco
mm
itted
reso
urce
s.Si
mi%
erly
para
grap
h30
ofth
atSt
atem
ent,
aSam
ende
d,pr
ovid
esth
atde
bt
serv
ice
fund
ssh
ould
bet*
edw
hen
finan
cial
reso
urce
sar
ebe
ing
accu
mul
ated
forf
utur
eye
ars’
mat
uriti
es.
The
reis
nost
ipul
atio
nth
atth
ere
-so
urce
sbe
ing
accu
mul
ated
are
requ
ired
tobe
rest
rict
edor
-com
mit
ted
toth
atpurp
ose
.T
he
Boa
rdbe
liev
esth
atth
ose
prov
isio
nsof
NC
GA
Sta
tem
entI
sup
po
rtth
eco
nten
tion
that
broa
der
defi
niti
ons
bett
erre
flec
tthe
way
that
man
ygov
ernm
ents
curr
entl
yuse
thos
efu
nds
tom
anag
eth
eir
reso
urce
s
twoap
pro
sb
yre
spon
dent
sto
the
Irw
itatlo
rito
Com
men
t,th
eB
oard
ptop
osed
bro
ader
def
ini
tions
,inc
ludi
ngas
sign
edam
ount
sfo
rthe
Ex
posu
reD
raft
The
Boa
rdbe
liev
esth
atin
terp
ret
ing
the
fund
defi
niti
ons
asim
posi
ngre
stra
ints
that
man
ygo
vetn
men
tsha
veno
tpre
viou
sly
ob
serv
edw
ould
not
nece
ssar
ily
mee
tfi
nanc
ial
stat
emen
tu
ser
need
sT
heB
oard
conc
lude
dth
atth
eus
erne
eds
inte
nded
tobe
addr
esse
din
this
Sta
tem
ent
can
bem
etth
roug
hef
fect
ive
fund
bala
nce
clas
sifi
catio
nan
ddi
spla
yre
quir
em
e(ts
,an
dth
atsu
chan
appr
oach
ism
ore
con
sist
enIw
ithth
ebr
oade
rde
finiti
onal
appr
oach
—pr
ovid
edth
atw
hat.l
sm
eant
byin
tent
Isde
arly
expl
aine
d.‘T
here
quir
emen
tin
para
grap
h23
to
disc
lose
a:go
vern
men
t’S
assi
gnm
entp
roce
ssis
expe
cted
topr
ovid
eth
atda
ily.
131.
Inde
liber
atio
nsle
adin
gto
the
Exp
osur
eD
raft,
the
Boa
rddi
scus
sed
the
term
map
capi
talf
acili
tiesi
nth
eca
pita
lpr
ojec
tslu
ndde
finiti
onfr
omth
epe
rspe
ctiv
eof
whe
ther
the
term
issu
ffi
cien
tlyde
scri
ptiv
eto
prov
ide
forc
onsi
sten
tapp
lica
tion.
The
Boa
rdis
awar
eth
atso
me
gove
rnm
ents
use
capi
tal
proj
ects
fund
sto
repo
rteq
uipm
enta
ndot
herp
erso
nal
prop
erty
acq
uis
i
tions
,w
hile
othe
rslim
itth
eir
use
tore
port
ing
the
acqu
isiti
onor
cons
truc
tion
ofst
ruct
ures
and
an
cilla
njca
pita
lite
ms.
The
Boa
rdco
nsid
ered
expa
ndin
gth
edi
scus
sion
offa
cilit
ies
inth
epro
pose
dde
finiti
onto
clar
ityan
dlim
itth
esc
ope
of
actM
ties.
that
coul
dbe
repo
rted
inth
ose
fund
s,
buti
trec
ogni
zed
that
vari
ous
gove
rnm
ents
have
diff
eren
tvie
ws
abou
twha
tcon
stitu
tes
capi
talfa
cIlit
ies T
heB
asis
forC
oncl
usio
nsse
ctio
nof
the
Exp
osur
eD
rajt,
incl
uded
ast
atem
ent
that
the
Boa
rdbe
llevO
stha
tcap
italp
roje
cts
fund
sar
ein
tend
edlo
be
used
tore
port
the
acqu
isiti
onor
cons
tnrc
tiono
fca
pita
lass
ets
that
,der
Iyar
eIa
dutie
s(b
uild
ings
,bu
ildin
gim
prov
emen
ts,
infr
a
stru
ctur
eas
sets
,ind
uØln
gnc
iNar
yite
ms,
fore
xam
ple)
rath
erth
anth
ose
that
clea
rly
are
not
(bus
es,
fire
truc
ks,
and
com
pute
rw
orks
tati
on
equi
pmen
t,fo
rexa
mpl
e).
Eve
nth
ough
the
cap
i
talp
roje
cts
fund
defi
nitio
npr
opos
edNi
the
Ex
po
sure
Dra
ftus
edth
esa
me
term
inol
ogy
from
the
prev
ious
defi
nitio
n,(
‘fqu
iSit
ion
orco
nstr
ucti
on
ofm
ajor
.cap
ital
faci
litie
s”),
man
yre
spon
dent
sre
acte
dto
the
disc
ussi
onof
the
Boa
rd’s
perc
eptio
nof
inte
ntas
ifth
ede
fini
tion
was
sign
ifica
ntLy
mor
ere
stri
ctiv
eth
anth
epr
evio
uson
e.
GA
SB
Sta
tem
ent a
t Sta
ndar
ds
Fu
nd
Baf
ance
Rep
ort
lng
tdG
owem
men
tal F
und
Typ
eD
efin
itio
ns
130.
Aft
erco
nsid
erin
gth
est
reng
ths
and
wea
k-13
2.M
any
resp
on
den
tsob
ject
edto
the
pro-
.
mes
ses
ofth
eco
mm
ents
mad
ein
supp
ort
ofth
epo
sed
clar
ific
atio
n
GA
SBS
54
the
appl
icat
ion
ofth
ede
fini
tion
wou
ldre
sult
insi
gnif
ican
tch
ange
sto
thei
rcu
rren
tpr
acti
ces.
The
rew
asm
uch
conc
ern
expr
esse
dab
out
the
fact
that
the
clar
ified
defin
ition
inth
eE
xpos
ure
Dre
ftdi
dno
tap
pear
toad
equa
tely
prov
ide
for
the
appr
opri
ate
repo
rtin
gof
the
proc
eeds
ofde
btis
suan
ces
that
are
used
tofi
nanc
eca
pita
lpr
ojec
ts.
Sev
eral
resp
onde
nts
sugg
este
dth
atth
ede
finiti
onof
acap
ital
proj
ects
fund
shou
ldre
flect
curr
ent
pac
tke
asit
has
evol
ved.
Tha
tis
,th
eybe
lieve
that
the
term
inol
ogy
inth
ede
fini
tion
(or
the
title
ofth
efu
ndits
elf)
shou
ldbe
al
tere
dto
bem
ore
repr
esen
tativ
eof
curr
ent p
rac
tice
.S
ome
sug
ges
ted
that
the
term
maj
orca
pita
lfac
thife
sbe
defi
ned
toin
clud
eite
ms
that
clea
rly
wou
ldno
tm
eet
mos
tde
fini
tions
offa
de-
ties
(equ
ipm
ent,
for
exam
ple)
,an
dot
hers
rec
omm
ende
dth
atth
ere
fere
nce
beto
capi
tal
proj
ects
raid
erth
afl
capi
tal
facil
ities
.Oth
erre
spon
dent
ssu
gges
ted
limiti
ngth
eac
tivity
inth
efu
ndty
peto
all
capi
tal
expe
ndit
ures
requ
irin
gde
btor
the
accu
mul
atio
nof
reso
urce
s,or
the
cons
trdc
tion
orac
quis
ition
ofal
l“G
MP
capi
tal
asse
ts.”
The
obse
rvat
ion
also
was
mad
eth
at“n
tMty
repo
rted
ina
capi
tal
proj
ects
fund
Irel
ate
toa
gove
rnm
ent’
sca
pita
lbu
dget
i-ra
nge
plan
.
•.
rhoB
oard
cons
ider
edth
eco
mm
ents
from
the
Exp
osur
eD
raft
resp
onde
nts
inlig
htof
the
fact
that
the
prop
osed
defin
ition
did
nots
ubst
antiv
ely
mod
ifyth
eex
istin
gon
isar
idev
alua
ted
al
tern
ativ
e.C
ours
esof
actio
nth
atco
uld
beta
ken.
UftW
nate
ltth
eB
oard
agre
edto
mod
ifyth
ede
fini
tion
tofo
cus
ona
broa
der,
mor
eco
nsis
tent
lyun
dett
ood
notio
nof
capi
talo
utla
ys,r
athe
rtha
nth
ein
cons
iste
ntly
inte
rpre
ted
refe
renc
eto
cap
ita
lfac
ilitie
sin
the
prev
ious
defin
ition
.The
Boa
rdco
ndud
edth
atus
eof
the
term
capi
talo
utla
ysal
low
sfoe
’the
incl
usio
nof
expe
nditu
res
for
item
sth
atar
eca
pita
lin
natu
rebu
tm
ayno
tqua
lity
for
fina
ncia
lre
port
ing
asca
pita
las
sets
unde
ra
gove
rnm
ent’
sca
pita
lizat
ion
polic
yM
any
Exp
osu
reD
raft
resp
onde
nts
wer
eco
ncer
ned
abou
tpr
ojec
tre
sour
ces
that
are
spen
tfo
rIt
ems
that
may
not
beca
pita
lized
.T
heB
oard
reco
gniz
esth
atth
ede
fini
tion
inth
isS
tate
men
tem
brac
escu
rren
tpr
actic
em
ore
soth
anth
ein
tent
ofth
eon
giha
ldot
initi
ori.
How
ever
,th
eB
awd
does
not
belie
veth
atlim
iting
theiv
ity
inca
pita
lpro
ject
sfu
nds
toac
quis
itio
nan
dco
nstr
ucti
onof
maj
or
capi
tal f
acili
ties,
asde
fine
din
the
narr
owse
nse,
adeq
uate
lyca
ptur
esth
ebr
eadt
hof
capi
talac
tiviti
esco
mm
onirt
toda
y’s
envi
ronm
ent,
orth
atit
prov
ides
esse
ntia
l,de
cisi
on-u
sefu
linf
orm
atio
n.
Per
man
entf
un
dty
pe
134.
The
defi
nitio
nof
the
perm
anen
tfu
ndty
peis
incl
uded
inth
isS
tate
men
tonl
yto
inco
rpor
ate
min
orw
ordi
ngch
ange
sin
the
inte
rest
ofco
nes-
lenn
yw
ithth
eot
her
defi
nitio
nsin
this
Sta
tem
ent.
Thi
sS
tate
men
tdo
esno
taf
fect
the
requ
irem
ent
tore
port
perm
anen
tfu
nds
purs
uant
toth
ede
finiti
on.
Bas
isfo
rB
oard
Mem
ber
Dis
sent
135.
Mr.
Will
iam
sdi
ssen
tsb
ecau
sehe
dis
agre
esw
ithth
epr
ovis
ion
inpa
ragr
aph
18fo
ral
low
ing
the
use
ofa
spen
ding
prio
dtlz
atio
npd
lcy
tode
term
ine
the
com
posi
tien
offu
ndba
lanc
e(r
estr
icte
d,co
mm
itte
d,as
sign
ed,
and
unas
sign
ed)
whe
nan
expç
ndit
ure
Isin
curr
edfo
ra
purp
ose
fccw
hich
som
eor
any
ofth
ose
dass
ifi
cati
ons
coul
dbe
appl
ied.
Inst
ead,
hebe
liev
esqu
alif
ying
amou
nts
shou
ldbe
cons
ider
edex
pend
edin
the
hier
arch
y’s
desc
endi
ngor
der,
whi
Ch
isco
nsis
tent
with
the
u1da
nce
inpar
agr
aph
18fo
rgo
vern
men
tsth
atha
veno
tes
tab
lishe
dth
eir
own
spen
ding
prio
ritiz
atio
npo
licie
s.H
ebe
liev
esun
less
thes
ehi
gher
leve
lcon
stra
irits
are
redu
ced
first
byqu
aHl6
ngam
ount
s,a
gove
rnm
ent’
sfu
ndba
lanc
ew
ould
show
con
stra
ined
amou
nts
whe
nex
pend
itur
esha
veal
read
ysa
tisfi
edth
ose
cons
trai
nts.
He
ther
efor
eco
nsid
ers
the
appl
icat
ion
ofa
sper
icig
prio
riti
zati
onpo
licy
othe
rth
anth
ehi
erar
chy’
sd
esc
endi
ngor
dert
obe
arbi
tran
lyap
plie
dfo
rmov
ersu
bsta
nce.
136.
Mr.
Will
iam
sbe
lieve
sa
maj
orpu
rpos
eof
the
Boa
rd’s
chan
ges
infu
ndba
lanc
ecl
assi
fica
tion
sis
toin
crea
setr
ansp
aren
cyab
out
appl
ica
ble
cons
trai
nts.
Ho
belie
ves
allo
win
ggo
vern
-m
erits
toap
ply
the
spen
ding
prio
ritiz
atio
npo
licy
appr
oach
redu
ces
tran
spar
ency
byre
port
ing
cons
trai
nts
onfu
ndba
lanc
ew
hen
such
con
stra
ints
have
alre
ady
been
met
.H
eal
sob
eli
eves
thes
pen
din
gpr
iori
tiza
tion
poli
cyap
pro
ach
will
resu
ltin
unduly
com
pli
cate
ddi
sclo
sure
sar
idle
ssco
nsis
tenc
y,co
mpa
rabi
lity,
and
usef
ulne
ssof
fund
bala
nce
info
rmat
ion.
App
endi
xC
ILL
USI
flA
TIO
N
137.
The
fact
sas
sum
edin
this
exam
ple
are
illu
stra
tive
only
and
are
not
inte
nded
tom
odify
orlim
itth
ere
quir
emen
tsof
this
Stat
emen
tor t
oin
dica
teth
eB
awd’
sen
dors
emen
t of t
heap
proa
chIl
lust
rate
d.A
pplic
atio
nof
the
prov
isio
nsof
this
Sta
tem
ent m
ayre
quir
eas
sess
men
tof f
acts
and
circ
umst
ance
sot
her t
han
thos
eIl
ustr
ated
here
.T
hedi
sclo
sure
sre
quir
edby
this
Stat
emen
tar
ege
nera
llyof
a“p
olic
ies
and
proc
edur
es”
natu
re,
whi
chsh
ould
besp
ecif
icto
each
gove
rnm
ent.
Con
sequ
ently
,to
avoi
dra
*ite
nbon
oty
infl
uenc
ing
the
cont
erito
f tho
sedi
sclo
sure
s,th
eyar
eno
tIll
ustra
ted
inth
isap
pend
ix.
Illu
stra
tive
Fun
dB
alan
ceS
ecti
onGA
SB
S54
Exhi
bit
Ide
pict
sth
efu
ndba
lanc
ese
ctio
nof
the
bala
nce
shee
tfr
omth
ego
vern
men
tal
fund
sfi
nanc
ial
stat
emen
tsof
ahy
poth
etic
alg
ov
ern
men
t.In
this
Exhi
bit,
the
gove
rnm
ent
has
cho
sen
topr
esen
tth
esp
ecif
icpu
rpos
ede
tail
sre
quir
edby
para
grap
h22
onth
efa
ceof
the
bal
ance
shee
tEx
hibI
t2
llhs
trat
esth
esa
me
fund
bala
nce
info
rmat
ion,
but
inth
isca
se,
the
gov
emni
ent h
asch
osen
todi
spla
yth
efu
ndba
lanc
ecl
assi
fica
tion
sin
the
aggr
egat
e.T
hesp
ecif
icpu
rpos
ede
tails
, in
the
latte
r cas
e,w
ould
bed
iscl
osed
inth
eno
tes
toth
efin
anci
alst
atem
ents
.A
ltern
ativ
ely,
the
gove
rnm
ent c
ould
have
used
aco
mbi
natio
nof
both
appr
oach
es--
disp
iay
som
ecl
assi
fica
tions
inth
eag
greg
ate
and
othe
rsin
deta
il.
GA
SBS
tate
men
tof S
tand
ards
Fun
dB
alan
pR
epos
Wng
and
Gov
ernm
enta
l Fun
dT
ype
Def
initi
ons
1181
011
811
Fund balanc.s:Nonsp.Iidsbl.
InventoryPermanent fund prindpel
Resblct.d forSocat seivssParka and iwcraationEducationHigllweysRoad suilacs repairsDebt se,vice reserveSchod onnonLaw enforcenlerilOther —Other pxpcees
Commltt,d to:Zoning boardEcencndc atsbtzailonHomeland aeoMyEducationHealth and wdfare
AssIgned to:Parka arid reuaationLibrary acqulmorisHighway reaurtacgDebt servicePut6c podCity Hal renovationOther cepkslprOther purposes
Unassigned:To fund balances
— — — $ 249.000— — $ 164,000 - 164.000— — 240000— — 80.000
— — 55.000$ 444.000 — 444.000
— — 24.000— — 208.000
301,000 — 301.000— 214,000 214.000
51,000 — 51,000— — 30,000
— — — 15,000— — — 210.000— — 110.000— — — 153,000— — — 75,000
Fund balances:N9nsperidabieRestrictedCommittedAssignedUnassigned
Total fund balances
‘MaJor ‘ Major MajorSpcIai R.v.nue Funds Debt Capital
General Highway School Aid ServIce Proj.cts OtherFund Fund Fund ‘ Fund Fund Funds Total
ExhIbit ‘I
Majorspttal -
Proects OtherFund Funds Total
Major MajorSpecial R.r.nus Funds Debt
General Highway School Aid ServiceFund Fund Fund Fund
$ 125,000 5 108.000 $ 16,000
240.000 — — —60.000 — — —
55.000 — — —
— 24,000 — —
— — — $206,000
30.000 — — —
16.000 — —210.000 — —
110,000 — —
50.000 — 103,00075,000 — —
I
.1I
50.000 — — — — — 50,00050.000 — — — — — 50.000— 258,000 — — — — 258,000
— — — 306.000 — — 306,000— — — — 121.000 — 121,00Q- — - — 50,000 - 50.000
50,000 — — — . 471,000 — 521.00060,000 —. 73.000 — — 176,000 329,900
525,000 — — — — — 525,000$1,746,000 $ 390,000 $ 192,000 $512,000 $ 1.4400O S 554000 $4,842,000
This level of detail Ii not requked fer daplay on the face of the balance sheet. Fund balance cegeiiá end cllsamcasor* may bepresented in detail or in the aggregate if aJ5lcient detail is provided in the notes to the ñnsncial idatement..
ExhIbit 2
-‘5,
69
C.)
$ 125OOO $ 1pS,000 ‘ S. 16,000 —— $ 164.000 $ 413,000
4O5000 4,00O . — $ 206,000 S 796,000 214,000 1,645,000461,000 - 103000 — — — 564,000230,000 256,000 73,000 306,000 652,000 176.000 1,695,000525,000 . “—i . . — — —
— 525,000S 1,746,000. 5 390,000 5 192.000 S 512,000 5 1,448,000 S 564,000 $ 4,642,000
Iip
98
AGENDA MEMORANDUM1Zt1100S0
Village of RuidosoTo: Mayor Alborn and
Councilors X Regular ItBoard and Commission AppointmentsPresenter: Nancy Klingman Informational
Finance Director Workshop ItemItems valued at $50,000.00 or greater must
Meeting Date: November 8, 2011 be placed as a regular item
Re: Discussion and Possible Action on Adoption of Resolution 2011-35,1st Quarter Budget Adjustment for Fiscal Year 2011-2012.
Item Summary:
1st Quarter Budget Adjustment for the period covering July 2011 through September2011.
Fund: N/A Line Budgeted $ Available NAItem: Amount: Balance:
Item Discussion:
Attached is the schedule of budget adjustments. The form is required by theDepartment of Financial Administration. The detail is also attached with commentsrelated to each budget adjustment.
Recommendations:
The Finance Department is requesting Council approval of these Budget Adjustments inorder to comply with New Mexico State Statute 6-6-6, Approved budgets, as interpretedby the Local Government Division of the Department of Finance and Administration.
AGENDA MEMORANDUMS, ALONG WITH BACK-UP DOCUMENTATION, ARE DUE IN THE VILLAGE CLERK’S OFFI7BY 8:30 AM ON WEDNESDAY PRIOR TO THE PRE-AGENDA MEETING FOR THE CORRESPONDING COUNCIL MEETING(PER COUNCIL’ ADOPTED RESOLUTION #2011-02).
DATE
R/NiiILLAGE CLERK’S
(Revised 1/11/11)
99
JUi VILLAGE OF RUIDOSO iUi313 Cree Meadows Drive = Tub =
Ruidoso, NM 88345(877)700-4343 or (575)258-4343; Fax (575)258-5361
PRE-AGENDA ITEM CHECKLIST
_____
Items for Village Manager’s Report must be turned in to the Deputy Manager by 5:00
p.m. on Friday prior to the pre-agenda meeting.
Legal Review Completed (if applicable).
Completed Task Order (All task orders for legal review must be approved by
Village Manager.
Received Finalized Document and/or Legal Written Opinion
_____
Agenda Memorandum Completed.
V” Finalized Document Attached (i.e. Ordinances, Resolutions,
Agreements/Contracts).
1” Back-up Documentation Attached*.
All provided documents must be 8” x 11”, unless it is impossible to do so.
Above items have been complied with and provided to the Village Clerk’s Office on or
before 5:00 p.m. on Monday prior to the pre-agenda meeting
*Back..up Documentation could be, but is not limited to, any of the following corresponding items:
• For renewal and/or amended agreements/contracts, copies of all previous
agreements/contracts or any other information pertaining to the document being
presented. For Agreements/Contracts, 2 originals must be submitted.
• Any and all maps, charts, spreadsheets, and/or previous minutes pertaining to the
document being presented.
IF YOU HAVE ANY OUESTIONS, PLEAECONTACT:Irma Devine, CMC Bertha Randolph, CMCMunicipal Clerk Deputy ClerklrmaDevine(ruidoso-nm.gov BerthaRandolph@ruidoso-nm,gçw
Phone Ext. 1002 Phone Ext. 1003
(Issued Date: 7/16/10) 100
VILLAGE OF RUIDOSORESOLUTION 2011-35
1ST QUARTER BUDGET ADJUSTMENT FOR FISCAL YEAR 2011-2012
WHEREAS, the Governing Body in and for the Village of Ruidoso, State of New Mexico,developed and approved a budget for Fiscal Year 2011-2012; and
WHEREAS, said budget has gone through review with input from the Village Council,Department Directors, Finance Director and Village Manager; and
WHEREAS, the Finance Director and Village Manager have reviewed the changes tothe budget and recommend that the Governing Body of the Village of Ruidoso adoptthis Resolution with the attachment made a part of the Resolution.
NOW, THEREFORE, BE IT RESOLVED by the Governing Body of the Village ofRuidoso, State of New Mexico, that:
1. The Village has done a review of the 2011-2012 budget; and2. The attached changes are hereby adopted as part of this Resolution (see
attachment).3. The Village respectfully requests approval from the Local Government Division of
the Department of Finance and Administration for the State of New Mexico.
PASSED, APPROVED AND ADOPED THIS 8TH DAY OF NOVEMBER, 2011.
Gus Raymond Alborn, Mayor
SEALATTEST:
Irma Devine, Village Clerk
101
-t’ 4
, ‘
at -‘
-4 1
L t -‘ -,f _lt I k S
—
F A > ,f .
z SS, 1r J *
KA
AA -
.4 4-‘. 1 A_ A 1 A
—ft1 7 A A ft
A A \Aft I i
r a -‘
441
4ft4;
A _A 1
AL114. 4 ‘i;
A ft ‘54 —A 4 344
ftV
A1‘j4
4 )444A 3” At A A,4’A’ts ““.A r4
4A 4 A 3 —\
tAl ft% if: . a
K
— A $‘K i”’’.A ,,, 435 £
‘K
102
I I I
.?‘0 00 Q.wc,
D.0.9(ci5 .0.0.0.0.0.0.0.0.0.—0
CUCUCUCUCUCUCUCUCU0ci) 0. 0. 0. 0. 0. 0. 0. 0. 0E (WCUCOø)U)øcciC
ci)(DWCUWCUCUCUQ)ci) .0.0.0.0.0.0.0> Q000CiC)QQ()0 CUCUCU(U(UCUCUCU(U0— CUCUCUCUCUCUCUCUCUC 000000000C.) 000000000C
wCUCUCUaJCUci,
LI. - — -. - - - .- - -
ci)a).0C,,•0CU
0C,,
ci).0C)
CU=00)I)C,)-J
ci)ci).0
CUci)0.0
a)
C.)CU
CUC0
a)C,,-J
IIII
CD 0 0 0 0 0 0) C’J CC) 00) CD 0 CC) 0 CD c ci)C)0) -qqcSJcc6c6oo-CD
C) 0) 0 Ca)C’C CD 0 Ca) CN 6 0
Ca)
C.0)
Ce
Ua
I0
0 .• 0
I0
0Ce
0 0 00Ce Ce Ce Ce
C(UECU.0C,•0CU00
0(U
0
N 00 0000 oCeCeCeCe0 cc6 oC.)- —
— I- —Ce Ce!!. .,
2C
CD 00 0 0 00 0 00 CD Ce 0 ci) 0 CD ..j---oc -
i c6c.i CDLt)00 9>111 OCO— o CD 0 C4Ce
C csi9 .:
D. Ce CeD.
W WLJJWWWLLJWWIC
WDWDDDDDDDW=i :bIz
E- wDw00DDw•-‘).Z >Z>ZZZzzzz>WW WWWWWLIJWWWWIL
o, X xxxxxxxw ujwwwwww
I
— ‘0 0 0 0 0) CO 0) 0m Z 0 0 0 0 0 0 0 — C’ 0) 0
CC) CC) CC) CC) C’) C’ C’) C’) C.-
0CC)0V
C’4
Do
0)CUT
0>CN
CCD EC
zC?
—
>LU zu.
IIJU.0
z0
ZOZ
U
xx
CDC’,
C0UI..I
103
2011
-201
2
Acc
ount
Num
ber
Adj
ustm
ent
Num
ber
101-
000-
4000
1
9204
95
101-
000-
4000
2
9204
95
10
1-0
00
41
08
1
8A00
0001
0
To
tal
Rev
enues
101
101-
020-
5100
2
9205
95
101-
020-
5202
0
9205
95
101-
020-
5300
3
9205
97
101-
020-
5500
0
9205
97
101-
040-
5020
4
BA
0000
008
101-
040-
5100
9
BA
0000
008
101-
070-
5000
2
BA
0000
00B
101-
070-
5100
0
BA
0000
008
101-
070-
5300
1
9204
66
101-
090-
5300
0
BA
0000
01O
101-
090-
5300
1
BA
0000
01O
101-
133-
5000
2
BA
0000
008
101-
133-
5200
6
9204
58
9206
85
101-
133-
5210
4
9204
58
Fisc
al
2011
-201
2
Acc
ount
Nam
e
Adj
ustm
ent
Des
crip
tion
PRO
PER
TYTA
X-C
UR
REN
T
budg
etad
jpe
rD
FA
PRO
PER
TYTA
X-D
ELIN
QU
ENT
budg
etad
jpe
rD
FA
AG
ING
&LO
NG
TER
MSV
CSG
RN
TN
tWG
RA
NT
FOR
ALT
SDSR
CEN
TER
SUEC
RIP
TIO
NS
&D
UES
BU
DG
ETA
DJU
STM
ENT
F20
TRA
VEL
&SC
HO
OLS
BU
DG
ETA
DJU
STM
ENT
F20
CAPI
TAL
CO
MPU
TE
RH
AR
DW
AR
EB
UD
GET
AD
JUST
ME
NT
P20
EQ
UIP
ME
NT
LEA
SE
BU
DG
ETA
DJU
STM
ENT
P20
(-9
ALL
OW
AN
CE
Sep
arat
eac
ctfu
nds
for
polic
edo
gca
reta
ker
GEN
ERA
LSU
PPLI
ES
Sep
arat
eac
ctfu
nds
for
dog
care
take
r
OV
ERTI
ME
SALA
RIES
Mov
em
onie
sfo
rov
erti
me
AD
SA
ND
PUB
LIC
ATI
ON
S
Mov
em
onie
sfo
rov
erti
me
EQ
UIP
ME
NT
/VE
HIC
LE
S
FOR
D20
11TR
UC
KPU
RC
HA
SE
BU
ILD
ING
IMPR
OV
EMEN
TS
BLD
MA
INT
REP
AIR
STU
CC
O/P
AIN
TO
UTS
IDE
EQ
UIP
ME
NT
/VE
HIC
LE
S
EQ
UIP
ME
NT
FOR
FREE
ZER
OV
ERTI
ME
SALA
RIES
Mov
em
onie
sfo
rov
erti
me
PRO
FESS
ION
AL
SERV
ICES
AD
JUST
LIN
EIT
EMS
tran
sfer
for
web
site
IBM
EQU
IPM
AIN
TA
GR
MN
TS
AD
JUST
LIN
EIT
EMS
Ori
gina
lB
udge
tA
djus
tmen
ts
-204
5706
-831
92
-831
92 -360
00
-360
00 -135
00
-135
00
-132
,692
.00
-750
-7S0
750
7S0
3250
-325
0
-325
0
o32
50
3250
026
00
2600
4000
-260
0
-260
0
035
35
1750
-35
-3S
020
000
2000
0
010
500
1050
0
030
00
3000
2000
5000
5000
5000
075
00
5000
2500
1426
S30
0
Vil
lage
ofR
uid
oso
,N
M
Bud
get
Bud
get
Adj
ustm
ent
Rep
ort
Adj
ustm
ent
Det
ai’
Adj
ustm
ents
Pos
ted
7/1/
2011
-9/
30/2
011
-540
00
-600
0
-2,1
05,7
0613
00
1000
Pac
ket
Num
ber
ZA
DJ9
2049
5
ZA
OJ9
2049
5
GLP
KTO
O24
5
ZAD
J92O
S9S
ZA
DJ9
2OS9
S
ZA
DJ9
2059
7
ZA
DJ9
2059
7
GLP
KTO
O24
7
GLP
KTO
O24
7
GLP
KTO
O24
7
GLP
KTO
O24
7
ZA
DJ9
2046
6
GLP
KTO
O24
5
GLP
KTO
O24
5
GLP
KTO
O24
7
ZA
DJ9
2045
8
ZA
OJ9
2O68
S
ZA
0J92
04S8
Dat
e
7/28
/201
1
7/28
/201
1
9/2
9/2
01
1
8/4/
2011
8/4/
2011
8/4
/20
11
8/4/
2011
9/28
/201
1
9/28
/201
1
9/28
/201
1
9/28
/201
1
7/26
/201
1
9/29
/201
1
9/29
/201
1
9/28
/201
1
7/25
/201
1
8/10
/201
1
7/25
/201
1
Cur
rent
Bud
get
-2,1
28,8
98.0
0
-90,
000.
00
-19,
500.
00
-2,2
38,3
98.0
0SS
O.0
0
1,75
0.00
0.00
3,25
0.00
2,60
0.00
1,40
0.00
35.0
0
1,71
5.00
20,0
00.0
0
10,5
00.0
0
3,00
0.00
7,00
0.00
57
,50
0.0
0
14,5
65.0
030
0
NET
WO
RK
EQ
UIP
ME
NT
1450
00-8
556
136,
444.
0092
0458
AD
JUST
LIN
EIT
EMS
ZA
DJ9
2045
87/
25/2
011
-530
092
0552
tran
sfer
for
inco
depy
mt
ZA
DJ9
2055
28
/2/2
01
1-7
S692
0685
tran
sfer
for
web
sjte
ZA
DJ9
2068
58/
10/2
011
-250
0iQ
2-S
3003
CAPI
TAL
CO
MPU
TER
HA
RD
WA
RE
5690
0-5
000
51,9
0000
BA
0000
IJO
8M
ove
mon
ies
for
over
tim
eG
LPK
TO02
479/
28/2
011
-500
0
,01133-S
3004
CO
MPU
TER
SOFT
WA
RE
9622
375
696
,979
0092
0552
tran
sfer
for
inco
depy
mt
ZA
DJ9
2055
28/
2/20
1175
6
101-
i 55-
5300
0B
UIL
DIN
GIM
PRO
VEM
ENTS
2567
72-5
0000
20677200
8A00
0000
6TR
AN
SFER
LOD
GER
TAX
REV
TOPA
RKS
EXP
(G
LPK
TOO
151
9/12
/201
1-5
0000
Tot
alE
xpen
ses
101
632,
460.
00-1
6,50
0.00
615,
960.
00
209-
140-
5302
2CA
PITA
LC
OM
PUTE
RSO
FTW
AR
E90
069
-900
690.
0092
0561
corr
ect
acct
budg
eten
try
2AD
J920
561
8/2/
2011
-900
69
209-
140-
5500
2LO
AN
PAY
MEN
TS0
9006
990
,069
.00
9205
61co
rrec
tac
ctb
adg
eten
try
ZA
0J92
0561
8/2/
2011
9006
9T
otal
Exp
ense
s20
990
,069
.00
0.00
90,0
69.0
0
214-
165-
5206
9SP
ECIA
LEV
ENTS
PRIO
RY
R95
4,21
2.00
50,0
00.0
01,
004,
212.
00B
A00
0000
6TR
AN
SFER
LOD
GER
TAX
REV
TOPA
RKS
EXP
GLP
KTO
O15
19/
12/2
011
5000
0
223-
000-
4601
0PR
IOR
YEA
RR
EV
EN
UE
S0.
00-1
,435
.01
-1,4
35.0
1B
A00
0000
1Pr
ior
Yea
rF
unds
GL
PKT
0007
S8/
30/2
011
1435
.01
BA
0000
002
Cor
rect
Bud
get
Adj
ustm
ent
GL
PKT
0008
58/
30/2
011
-143
5.01
BA
0000
002
Cor
rect
Bud
get
Adj
ustm
ent
GL
PKT
0008
58/
30/2
011
-143
5,01
2L
36
0-S
10
08
GEN
ERA
LO
FFIC
ESU
PPLI
ES0
2000
2,00
0.00
9205
53pu
rcha
seof
pain
tZ
AD
J920
553
8/2/
2011
2000
297-
360-
5200
0C
ON
TRA
CTU
AL
SERV
ICES
265S
0-7
000
19,S
S0.0
092
0553
purc
hase
ofpa
int
7AD
J920
S53
8/2/
2011
-700
0
297-
360-
5230
2TR
EER
EMO
VA
LEX
PEN
SES
050
0092
0553
purc
hase
ofpa
int
ZA
DJ9
2055
38/
2/20
1150
00T
otal
Exp
ense
s29
726
,550
.00
0.00
26,5
50.0
0
502-
209-
5100
3PO
STA
GE
400
1500
1,90
0,00
8A00
0000
9T
rans
fer
toco
rrec
tac
coun
tG
LPK
TOO
26S
9/29
/201
115
00
S02
-209
-520
02R
ECO
RD
ING
/LIE
NFE
ES70
020
002,
700.
00B
A00
0000
9T
rans
fer
toco
rrec
tac
coun
tG
LPK
TOO
26S
9/29
/201
120
00
BLD
G/P
RO
FM
AIN
TEN
AN
CE
1000
0-3
500
6,50
0,00
BA
0000
009
Tra
nsfe
rto
corr
ect
acco
unt
GLP
KTO
O26
59/
29/2
011
-200
0B
A00
0000
9T
rans
fer
toco
rrec
tac
coun
tG
LPK
TOO
265
9/29
/201
1-1
500
502-
212
S30
01E
QU
IPM
EN
T/V
EH
ICL
ES
1005
000
-250
0098
0,00
0.00
BA
0000
00S
PUR
CH
ASE
OF
VEH
ICLE
WH
ICH
REQ
UIR
EDIN
GLP
KTO
O12
S9/
6/20
11-2
5000
502-
220-
5102
0TE
LEPH
ON
E0
2850
2,8S
0.00
6A00
0000
9T
rans
fer
toco
rrec
tac
coun
tG
LPK
TOO
265
9/29
/201
128
50
502-
220-
5114
0C
HEM
ICA
LS50
00-2
850
2,15
0.00
BA
0000
009
Tra
nsfe
rto
corr
ect
acco
unt
GI.P
KT
0026
59/
29/2
011
-285
0
0-53001
EQ
UIP
ME
NT
/VE
HIC
LE
S25
000
2500
050
,000
.00
9A00
0000
5PU
RC
HA
SEO
FV
EHIC
LEW
HIC
HR
EQU
IRED
ING
LPK
TOO
128
9/6/
2011
2500
0T
otal
Exp
ense
s50
21,
046,
100.
000.
001,
046,
100.
00
S03
-170
-51O
J3G
ENER
AL
OFF
ICE
SUPP
LIES
3650
-100
3,55
0.00
BA
0000
009
Tra
nsfe
rto
corr
ect
acco
unt
GLP
KT0
O26
59
/29
/20
11
-100
3rliO
5PR
OFE
SSIO
NA
LSE
RVIC
ES15
0010
000
11,5
00.0
0B
A00
0000
4FU
ELFA
RM
IMPR
OV
EMEN
TG
LPK
TOO
127
9/5
/20
11
1000
0
503-
170-
5202
2R
EQU
IRED
PHY
SICA
LS0
100
100.
00B
A00
0000
ST
rans
fer
toco
rrec
tac
coun
t6L
PKT
0026
59
/29
/20
11
100
Tot
alE
xpen
ses
503
5,15
0.00
10,0
00.0
015
,150
.00
522-
200-
5100
8G
ENER
AL
OFF
ICE
SUPP
LIES
5000
1500
6,50
0.00
9206
97Fo
rEC
IVIS
ZA
DJ9
2069
78/
11/2
011
1500
21
00
-S2
10
5V
EHIC
LEM
AIN
TEN
AN
CE
2350
00-1
500
233,
500,
0092
0697
For
ECIV
SZ
AD
J920
697
8/11
/201
1-1
500
Tot
alE
xpen
ses
522
240,
000.
000.
0024
0,00
0.00
726-
000-
4601
0PR
IOR
YEA
R0
-397
-397
.00
BA
0000
003
PRIO
RY
EAR
REV
ENU
EG
LPK
TOO
I2O
9/6/
2011
-397
Tot
al20
11-2
012:
$88
8,83
5.00
$(9
1,02
4.01
)79
7,81
0.99
LO
/i8/
20,
I10
I04:
35AM
Bu
dg
etA
dju
stm
ent
Rep
ort
Pe
3of
4
Ad
just
men
tsP
ost
ed7/1
/2011
-9/
30/2
011
Bud
get
2011-2
012
Ori
gina
lB
udge
tA
djus
tmen
tsC
urre
ntB
udge
t88
8835
-910
24.0
179
7810
.99
Rep
ort
Tot
al:
888,
835.
009
1,0
24
.01
797,
810.
99
DFA
#Fu
nd
101
101-
GE
NE
RA
LFU
ND
209
209-
FIRE
PRO
TEC
TIO
NFU
ND
214
214-
LOD
GER
STA
XFU
ND
223
22
3-
DW
IG
RA
NT
FUN
D29
9297
-FO
REST
RYO
PER
ATI
ON
S50
0502
-U
TILI
TYFU
ND
500
503
-A
IRPO
RT
FUN
D50
052
2-S
OL
IDW
AST
EFU
ND
726
-BA
ILB
ON
DTR
UST
FUN
D
Ori
gina
lB
udge
tA
djus
tmen
tsC
urre
ntB
udge
t-1
4732
46-1
4919
2-1
6224
3890
069
090
069
9542
1250
000
1004
212
0-1
435.
01-1
435.
0126
550
026
550
1046
100
010
4610
051
5010
000
2400
000
2400
000
-397
-397
Rep
ort
Tot
al:
888,
835.
00-9
1,02
4.01
797;
81o.
99
Fisc
al
2011
-201
2
Fun
dS
umm
ary
108