05.01 - The City's Auditor, Doug Host from LarsonAllen, will be present. Doug will be recommending that the CIty begin designating a fund balance of 50% of the general fund budget for cash flow purposes.

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AGENDA ITEM #5.1 . REPORT TO CITY COUNCIL Date: January 3, 2006 Subiect: The City's Auditor, Doug Host from LarsonAllen, will be present. Doug will be recommending that the City begin designating a fund balance of 50% of �.. the general fund budget for cash flow purposes. Report: Doug Host will discuss this issue with the Council. Council Action Requested: Council motion to begin the process of designating 50% of the general fund budget for cash flow purposes.