City of Long Beach - File #: 23-070UT

• File #: 23-070UT
• Version: 1
• Name: Recommendation to approve revised Board Policy 2016-34, Financial Reserve Targets for Water and Sewer Funds, adding in the Gas Fund, establishing parameters, target levels, and use of reserve funds.
• Type: UT-Agenda Item
• Status: Approved
• File created: 5/9/2023
• In control: Utilities Commission
• On agenda: 5/17/2023
• Final action: 5/17/2023
• Title: Recommendation to approve revised Board Policy 2016-34, Financial Reserve Targets for Water and Sewer Funds, adding in the Gas Fund, establishing parameters, target levels, and use of reserve funds.

Date	Ver.	Action By	Action	Result
5/17/2023	1	Utilities Commission	approve recommendation	Pass

TITLE

Recommendation to approve revised Board Policy 2016-34, Financial Reserve Targets for Water and Sewer Funds, adding in the Gas Fund, establishing parameters, target levels, and use of reserve funds.

SUGGESTED ACTION

Approve recommendation.