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Tippecanoe County officials agree to use $3 million from general fund to cover projected 2026 shortfall
Summary
During a county budget discussion, officials agreed by consensus to draw $3,000,000 from the general fund cash balance to close a projected $5 million shortfall for 2026 after rejecting a proposed $1,000,000 transfer from the health insurance fund.
Tippecanoe County officials agreed during a budget discussion to take $3,000,000 from the county’s general fund cash balance to reduce a projected shortfall for 2026.
The decision followed staff proposals to lower a reserve target from 97% to 96%, increase the SRO revenue estimate to $350,000 (from $250,000), and modestly raise revenue projections for the health department and a program labeled “carry home” by $2,500 each. County staff initially proposed covering the gap by using $2,000,000 from the general fund cash balance and $1,000,000 from the county’s health insurance fund; after discussion officials agreed instead to use the full $3,000,000 from the general fund.
Why it matters: county staff said the change would close most of a projected $5,000,000…
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