The Sheboygan Finance & Personnel Committee voted to approve Resolution No. 126, authorizing the finance director to close the city's stormwater fund and record necessary transactions to consolidate it into the general fund.
The Finance Director said the stormwater fund was established historically to hold fee revenue for stormwater activities, but the city has not been charging the fee and projects have instead been paid from capital funds or other sources. "It's not utilized in the manner that it normally would be if we were charging the fees," the Finance Director said, describing the consolidation as a step to clean up the chart of accounts and simplify accounting.
Alder Decker and other alderpersons raised questions about the fund's history and noted prior actions following major flooding events; Decker said the previous use of fund releases had been tied to explicit redevelopment agreements. After discussion, Alder Perella moved to approve the resolution and Alder Decker seconded; the motion passed unanimously.