Cameron Estates Community Services District Reserve Policy
Purpose
Cameron Estates Community Services District (the District) shall maintain reserve funds. This policy establishes the level of reserves necessary for maintaining the District's credit worthiness and for adequately providing for:
- Funding roadwork repairs.
- Local disasters or catastrophic events.
- Cash flow requirements.
Appropriation for Contingencies
Cameron Estates budgets $70,000.00 for emergency repairs or expenses over and beyond the budget.