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Finance staff will draft ordinance to move capital reserves into capital projects fund for clearer reporting
Summary
The committee directed staff to draft an ordinance to stop moving capital reserves between the general fund and the capital projects fund and instead hold reserves directly in the capital projects fund, with separate buckets for five‑year allocations and unallocated capital.
Walworth County Finance Committee members on Thursday asked staff to draft an ordinance to change how capital project reserves are reported and displayed, moving most capital reserves directly into the county’s Capital Projects Fund for clearer accounting and transparency.
Finance staff explained that, under the current practice, the county keeps building and equipment reserves in the general fund and…
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