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Council approves increased annual contributions to three capital reserve funds

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Summary

Lewisville council amended three capital reserve ordinances to set minimum annual contributions for municipal buildings, parks and recreation, and sidewalks/greenways funds.

The Town of Lewisville council approved amendments to three capital reserve ordinances designed to build funding for future capital projects.

Finance Director Pam Morel presented three separate ordinance amendments. Ordinance 2025-015 increases the municipal buildings capital reserve contribution to $25,000 annually beginning in FY 2025–26 and continuing until June 30,…

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