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Orangeville council opens hearing on $54,100 transfer from utility fund to general fund
Summary
The Orangeville City Council opened a public hearing to discuss transferring $54,100 in utility-fund surplus to the general fund to cover unforeseen expenditures; staff said the move would avoid a property tax increase. No public comments were recorded and the hearing was closed with procedural votes.
Presiding official K. opened an Orangeville City Council public hearing to discuss a proposed transfer of $54,100 from the city's utility (enterprise) fund to the general fund to cover unforeseen expenditures.
Gary, a staff member, told the council the transfer reflects a utility-fund profit of $54,100 and that the city does not need to continue building the utility's reserves because of how the special district arrangements work. Gary said the transfer would help the general fund meet rising costs without raising property taxes or triggering a truth-in-taxation process.
K. confirmed the hearing was open for discussion. Councilmember Carrie made a motion to open the enterprise fund hearing; Councilmember Tracy seconded. The presiding official called the ayes and the motion passed.
Gary described the background: budget staff are concentrating on next year's budget, there was confusion about which budget to review, and officials had removed many discretionary items but still faced a shortfall. He said the transfer is a common practice among municipalities when certain procedural steps, such as a public hearing, are followed.
K. invited public comment. No members of the public spoke; Seth and Danny were asked if they had comments but indicated they did not. Councilmember Tracy moved to close the enterprise fund hearing and move into the public hearing; Councilmember Doug seconded. The presiding official called the ayes and the motion passed.
The transcript records the public hearing being opened and closed and that the $54,100 transfer was discussed. The record does not show a formal council vote approving or denying the transfer during the excerpted discussion.
