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Metropolitan Wastewater Management Commission Budget and Pro~ram Summar~ <br /> <br /> 7. The Rate Stability Reserve is used to accumulate revenues available at year-end after the budgeted <br /> Operating Reserve target is met. It is budgeted based on projected revenues and expenditures and is <br /> intended to lessen the size of needed rate increases over time. <br /> <br /> 8. 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 /> <br />April, 2004 DR. AFI' Page 11 FY 04-05 BUDGET AND CIP <br /> <br /> <br />