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MAR 21 1994 <br />Beex 56 OA'CE-77 <br />Mr. Moat specifically referred to the General Fund, <br />which is the basic operating fund of the county, noting that <br />the county has total assets of approximately 2.6 million and <br />liabilities of approximately $374,000. The total fund equity <br />is approximately 2.3 million with an in -reserve fund balance <br />of approximately 2.2 million and that represents about 15% <br />of the General Operating Fund's expenditures. He stated <br />that is a good guideline to go with. There are a lot of <br />uncertainties throughout the year and you need a good <br />balance so you do not have to borrow to perform your basic <br />programs. <br />Mr. Moat then reviewed page 28 "Changes in Fund <br />Balances - Budget and Actual:" <br />_ 32 <br />