Page 420 - FortWorthFY22AdoptedBudget

Debt Service Expenses, Debt Service Coverage, Transfers to the General Fund,
Transfers to the Debt Service Funds, and Operating Reserve Requirement
(from Net Position).

I. Year-End

Nothing contained within this policy is intended to require Mayor and Council
approval, or City Manager approval, for booking interfund loans at the end of
the year in order to prevent a fund or fund group from reporting a deficit cash
position. Such entries shall be made under the guidance and approval of the
Chief Financial Officer / Director of Finance and shall be immediately reversed
in the subsequent fiscal year. If a fund has a recurring deficit cash position, it
shall be the responsibility of the Department of Financial Management
Services to coordinate discussion with the department responsible for the fiscal
administration of the fund in order to develop a plan to mitigate this deficit
cash position.

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