COMPLIANCE INFO_1997-2000 - Laserfiche WebLink

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C n u Ll Attachment 1 SUBDIVISION REGULATIONS F•- TREATMENT, STORAGE, ASSURANCESPROCESSING OR DISPOSAL OF SOLID WASTE CHAPTER 6. FINANCIAL • r WASTE FACILITIES AND MANAGEMENTAT WASTE •' SOLID WASTE SUBCHAPTER 1. DEFINITIONS FOR FINANCIAL ASSURANCE DEMONSTRATIOAU • REQUIREMENTS §22200.1 Definitions (g) "Cash lus marketable securities" means all the cash plus marketable securities neiC FY____tFe local government on the last day of the fiscal year, exciuding excludingcash and marketable securities designated to satisfy past obligations such as pensions. Cash plus marketabie securities form the numerator of the liquiity ratio. (1) Cash and cash equivalents means bank deposits, very marke short-term debt securities, and money t funds. (2) Marketable securities means interest or dividend bearing securities in the General Fund, Special Revenue Funds, Debt Service Fund, Enterprise Funds and Internal Service Funds, as reported on the comprehensive annual financial report's (CAFR's) Combined Balance Sheet and that are expected to be held for less than one year. (3) Excluded from this definition are accounts receivable, retirement assets, real property, fixed assets, and other non- current assets, as weii as any assets (inc uding cash) in Capital (h) "Comprehensive Annual Financial Report ( )" means annual f nancia report 2re2ared nts. (4:ki) "Cumulative capacity filled" (�2) "Current assets" (--k) "Current closure cost estimate" (-k) "Current liabilities" (gym) "Current postclosure cost estimate" (n) "Debt service" means the amount of principal and interest due on a loan In the latest compieted fiscal year. Annual debt service is the numerator of the debt service The debt service ratio provides an indicator of abi ity to meet financial obligations in a timely manner. 1