Boca Raton moves roughly $52 million retirement sustainability fund into general fund
Staff proposed—and council adopted as part of budget exhibits—a transfer of the Retirement Sustainability Fund into the general fund to create a committed reserve; the move raises the city's reported general‑fund balance and aligns with a new 17% unassigned fund‑balance policy.
The full story
City staff told the council they will move approximately $52 million from the Retirement Sustainability Fund into the General Fund and designate it as a committed reserve to reflect an updated fund-balance policy.
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