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McLean County adopts FY2026 budget policy, sets three-month fund-balance target and ERP calendar
Summary
The Finance Committee approved the FY2026 budget policy May 7, revising the minimum fund-balance target to three months of the combined annual budget and adopting a Schedule A calendar adjusted for the county's ERP conversion.
McLean County's Finance Committee on May 7 approved a resolution establishing the budget policy for fiscal year 2026, including a revised minimum fund-balance target and a Schedule A calendar for budget preparation that accounts for the county's enterprise resource planning (ERP) system conversion.
Administrator Taylor said the policy sets a minimum fund balance equal to three months of the county's combined annual budget and updates Schedule A language to reflect conversion lockout dates during the ERP transition. "We've started we're about 2 months into a very in-depth effort to update our enterprise resource planning software," Taylor said, explaining the need to finalize budget items earlier than in prior years to accommodate conversion timelines.
The committee approved the budget policy and the related Schedule A calendar. Taylor said the county plans to have the new system in place in November and that completion of as much budget work as possible before the conversion will reduce the need for on-the-fly adjustments. The committee also approved the five-year capital improvement budget schedule and a recommended three-year budget timeline.
