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Rock County board rejects plan to use $1.9 million in unanticipated interest to hold 2025 levy at 0%
Summary
The Rock County Board of Supervisors debated a resolution to transfer roughly $1.9 million in unanticipated 2024 interest earnings into an assigned fund balance to offset part of the 2025 debt service levy; after debate the measure failed on a roll-call vote (Yes 19, No 8, 2 absent).
The Rock County Board of Supervisors on Monday considered a resolution that would move about $1.9 million in unanticipated interest earnings from the 2024 budget into an assigned fund balance to be applied to the 2025 debt service levy, with the aim of keeping the overall levy at 0% for 2025.
Supervisor Towns, who moved the resolution, told the board the transfer would allow the county to apply the one-time funds against debt service and avoid a levy increase that appeared in the administration’s recommended 2025 budget. "This resolution…moves to transfer unanticipated interest earnings from the…
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