Council asked me to bring this item back for discussion. Please join us to support our recommendations at the new Council Meeting location: 1231 Addison St. (enter at 1222 University Ave)
Intergenerational Equity and Resilience: Investing for future generations may be controversial
The Grasshopper and the Ant: a cautionary tale for the City of Berkeley.
In good times and bad, we must provide for future generations. Council's "rainy day fund" policy falls far short of recommended practices, and sets aside only half of what's needed. A prudent reserve, like adequate infrastructure funding, is an investment in the future. See our audit General Fund Reserve Policy Fails to Convey that Maintaining the Reserve is a Priority.
Your elected officials would like to hear from you!
Please do join us for tonight's Council meeting to support our recommendations for Council Action on the Reserves audit at the 7:00 pm meeting. Let Council hear from you via email or in person about the importance of effective, efficient, and equitable City policies and actions.
