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~~ <br />a <br />• <br />RETENTION OF RISK <br /> <br />PURPOSE: To determine financial capacity to fund losses <br />internally. <br />Working Capital Indicator (1~ - 25~) <br />15~ X $4,223,252 = $633,488 <br />Fund balance indicator (5~ - 10~) <br />10~ X $5,868,353 = $586,835 <br />Annual average aggregate retention program of $600,000 over and <br />above current expenditures. This compares to $700,000 from the <br />RIMCO study using the 1980 Annual Audit. <br />* Reduced due to nature of Current Assets and Current <br />Liabilities together with investment income earned, <br />• indicates strong cash flow position, but less than before. <br />s'00 ~ po0 l.uoujc~ ~P A C dnSe r v2~,~/c ~ c'~m/ <br />n <br />~J <br />