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FINANCIAL RESERVES POLICY
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FINANCIAL RESERVES POLICY
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1/15/2021 11:39:06 AM
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1/15/2021 11:35:50 AM
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1/21/2021
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felt was worthy of consideration, is to loan an amount from the unassigned fund balance to complete <br />Conejo Creek Southwest. This loan would be tracked internally, with interest, and reimbursed by future <br />Quimby funds in the Conejo Creek Southwest project area (PDF Zone 4). This would allow the District <br />to complete the project timely and even prior to the anticipated development of additional housing <br />near the Park and also give the District the flexibility to use the reimbursement funds as needed by <br />the District when they become available. <br />STRATEGIC PLAN COMPLIANCE <br />Meets Strategic Plan Vision Statement: In order to continue to serve our community and be recognized <br />as a top recreation and park district in the nation, we must be financially stable. <br />Respectfully submitted, <br />i <br />Melissa Smith, Administrator <br />Management Services <br />Attachments <br />
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