MONROE - The City of Monroe Finance and Taxation Committee learned Tuesday that all "expenditures" are not the same as out-of-pocket expenses. A city financial policy, adopted about two years ago, requires an amount equal to 25 percent of the city's annual government activities expenditures be set aside in a Committed Working Capital fund. These funds are protected from the normal budget spending, but are to be available in the event of a large emergency or city-wide, catastrophic event.