It is considered good practice to keep at least 10% of annual operating expenditures in “savings”. This allows the government to cover unexpected expenses or drops in revenue. The Camas City Council adopted a financial policy stating the City’s General Fund reserves should be 17% of the General Fund’s expenditures or approximately two months of expenditures. This target is in line with best practices recommended by the Government Finance Officer’s Association (GFOA). The City effectively accomplished this goal by the end of FY 2017 with 22% in fund balance.

Structurally Balanced Budget

Financial Policies