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Item Information
Meeting Date: THURSDAY MAY 143, 2013
Meeting Type: SPECIAL
Agenda Item Number: 8
Council File Number: 13-0600
Item Description:
Item No. (8) Reserve Fund: The actions contained in this report increase the Reserve Fund to $260.085M or 5.29 percent of the General Fund. The Emergency Account of the Reserve Fund is set at 2.75 percent or $135.108M with the remaining balance of $124.977M in the Contingency Account.
Pertinent Council Districts:
NONE
Member Name CD
Vote Given
(12 - 0 - 3)
Vacant (VACANT) 6 ABSENT
RICHARD ALARCON 7 YES
JOE BUSCAINO 15 YES
MITCHELL ENGLANDER 12 YES
ERIC GARCETTI 13 YES
JOSE HUIZAR 14 YES
PAUL KORETZ 5 YES
PAUL KREKORIAN 2 YES
TOM LABONGE 4 ABSENT
BERNARD C PARKS 8 YES
JAN PERRY 9 YES
ED REYES 1 YES
BILL ROSENDAHL 11 ABSENT
HERB WESSON 10 YES
DENNIS ZINE 3 YES