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Franklin County adopts financial policies, sets multi-million-dollar reserve target
Summary
Following a public hearing, the Franklin County Board of Commissioners approved Resolution 2025-330 adopting comprehensive financial policies intended to strengthen internal controls, grant management, reporting and to create a reserve fund. County Administrator Danzel said the combined reserve target is "right around $11,000,000."
County Administrator Danzel opened the public hearing on Resolution 2025-330 and framed the proposed financial policies as a response to recent audit work and a step toward improved internal controls and sustainable budgeting. "For the first time in a very long time, we had a clean audit," Danzel said, describing the policies as a way to standardize procedures and reduce the risk of audit findings.
Danzel said the policies strengthen internal controls in…
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