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Metropolitan Wastewater Management Commission Budget and Program Summ <br />6. The Operating Reserve is used to account for the accumulated operating revenues net of operations <br />expenditures. The Commission has adopted a policy of maintaining a minimum Operating Reserve balance <br />approximately equal to 10% of the adopted operating budget. <br />7. The Working Capital Reserve acts. as a revolving account which is drawn down and replenished on a <br />monthly basis to fund Eugene's operation. <br />Page 11 FY 03-04 BUDGET <br />