Corporate profitability remains strong, although the growth in profits, as measured by private non-financial gross
operating surplus (
GOS), has eased recently after a period of strong growth (Graph 32).
The board's policy demands a balance of at least $ 150,000 at all times in the special fund, so the it had to
go to the city for permission to transfer $ 480,000 out of its 2011
operating budget
surplus to cover the remaining costs of the review.