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Board adopts revised reserve policy and sets capital‑asset management plan effective July 1
Summary
Supervisors approved a change to the county reserve policy that alters the base used for calculating reserves and lowers the minimum threshold to 16.7% (two months). The board also adopted a new capital asset management policy effective July 1, 2025, with staff directed to prioritize creating an inventory and funding plan.
The Mariposa County Board of Supervisors on Feb. 18 approved two interrelated fiscal policies designed to improve budget discipline and begin a multiyear capital program.
Finance Director Lee Westerlund told the board staff proposed recalculating the general‑fund operating reserve on the basis of expenditures minus capital and certain grant‑covered expenses…
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