| 1 | Representative Grant offered the following: |
| 2 |
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| 3 | Substitute Amendment for Amendment (161331) |
| 4 | Remove line(s) 685-691 and insert: |
| 5 | defined in s. 129.02(1), generated during an individual fiscal |
| 6 | year shall not exceed 20 percent of operating revenues or 90 |
| 7 | days of regular general fund operating expenditures, whichever |
| 8 | is greater, necessary to secure and maintain credit ratings, |
| 9 | meet seasonal shortfalls in cash flow, and reduce susceptibility |
| 10 | to emergency or unanticipated expenditures or to address revenue |
| 11 | shortfalls. Any remaining unreserved undesignated fund balance |
| 12 | generated during an individual fiscal year shall not be used to |
| 13 |
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