Laserfiche WebLink
32 <br /> Severance Fund <br /> 2002 2003 <br /> Personal Leave $501,172 $536,001 <br /> Comp-Time 98,833 6,484 <br /> $600,005 $542,485 <br /> Comp-Time Liability Decreased 93.4% <br /> Current Funds on Hand $216,930 <br /> Current Policy Approved by Council <br /> *Maintain a Cash Balance Over $200,000 <br /> GASB 34 <br /> Requires Capital Assets to be Reported with <br /> Accumulated Depreciation <br /> +►Buildings/Automobiles/Computer Equipment <br /> *Water Towers/Roads/Storm Sewer Line <br /> Completed — Summer 2003 <br /> 8 <br />