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Utility Committee Agenda and Packet 2020 08 11
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Utility Committee Agenda and Packet 2020 08 11
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8/13/2020 11:41:45 AM
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8/13/2020 8:25:15 AM
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City Council Records
Meeting Date
8/11/2020
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Boards Commissions Committees Records
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Financial Planning <br />Performance Metrics <br />(the same for all 3 Utilities) <br />Cash Reserves: <br />120 days cash or 33% of Total OF±M <br />Working Capital Reserves Policy (Sect;on 2.4): <br />25% of current operating expenses <br />Rate Minimum: <br />Set to cover any increases in operating and <br />maintenance costs <br />
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