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Milford manager proposes moving trash subsidy to stormwater fund, and creating a budget‑stabilization reserve
Summary
City Manager Benjamin Gunderson proposed shifting the annual $300,000 trash service subsidy from the general fund to the stormwater utility fund, and creating a separate budget-stabilization account to hold excess general‑fund balances beyond the targeted reserve level.
City Manager Benjamin Gunderson proposed two budget changes Tuesday aimed at preserving the city’s general fund: moving the annual subsidy for the municipal trash contract (about $300,000) into the stormwater utility fund, and creating a separate budget-stabilization reserve to hold general-fund balances above the city’s target level.
Gunderson told council the trash service currently draws roughly $300,000 per year from the general…
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