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Sussex County Commissioners Adopt 3.5% 'Cap Bank' to Cover Unanticipated 2025 Costs
Summary
The Sussex County Board of County Commissioners on March 12 adopted a resolution establishing a 3.5% appropriation 'cap bank' for the 2025 budget, allowing the county to set aside an extra 1% over the standard 2.5% increase for unanticipated expenses; the measure was adopted after a public hearing with no speakers.
The Sussex County Board of County Commissioners voted March 12 to adopt a resolution establishing an appropriation "cap bank" that permits the 2025 county budget to increase appropriations by up to 3.5% over the prior year, subject to statutory exceptions.
County counsel explained the purpose of the measure during the meeting, saying the state law allows governing bodies an automatic 2.5% cost-of-living increase to appropriations and that the 3.5% bank saves the additional 1% for years with unanticipated…
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