City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
030141
Name:
Review of Current City Budget Reserve and Fund
Balance Practices
Status:
Type:
Resolution
Passed
File created:
In control:
1/27/2003
Board of Supervisors
On agenda:
Final action:
4/18/2003
Enactment date:
218-03
Enactment #:
Title:
Resolution urging the Controller to review current City and County budget reserve and fund balance
practices and best practices in other local jurisdictions, review historic changes in City revenues and
one-time expenditures during periods of greater than average growth in City revenues and best
practices in other jurisdictions, review and analyze the feasibility of establishing a revenue
stabilization fund for use during economic downturns funded by extraordinary growth in City revenues,
and recommend to the Mayor and the Board of Supervisors best practices for budget reserves and
fund balances and recommendations for allocation of greater than average growth in General Fund
revenues for a revenue stabilization fund, prevention programs, one-time capital spending and
spending on deferred maintenance.
Sponsors:
Tom Ammiano, Fiona Ma, Gavin Newsom, Jake McGoldrick, Aaron Peskin
Attachments:
1. Leg_Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
1/27/2003
1
TRANSFERRED
President
2/5/2003
1
TRANSFERRED
President
2/27/2003
1
CONTINUED
Budget Committee
3/6/2003
1
Pass
RECOMMENDED
Budget Committee
3/27/2003
1
Pass
ADOPTED
Board of Supervisors
4/8/2003
1
Pass
APPROVED
Mayor
4/18/2003
1