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Commissioners adopt updated debt and fund-balance policy

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Summary

The Nolensville Board of Commissioners unanimously passed Resolution 25-047 to amend the town’s debt and fund balance policy statements, including revisions to fund-balance levels.

The Nolensville Board of Commissioners unanimously approved Resolution 25-047 on June 23 to amend the town’s debt and financial policy statements, including fund balance policies.

During the special meeting the board took voice votes without recorded opposition. The mayor called for the vote after procedural motion and second; the motion passed unanimously.

Town staff said the change is an update to the town’s policies and will be reflected in financial management documents going forward. Commissioners did not request additional public discussion on the change after the motion.