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Resident urges trustees to return excess reserves; trustees say funds are ring‑fenced for services
Summary
During the Sept. 17 meeting, resident Rusty Holman argued Hamilton Township holds about 13.3 months of reserves and urged trustees to adopt a savings-first mindset and return funds to taxpayers. Trustees and staff replied that reserves are held in separate restricted buckets and recent spending addressed service needs.
Rusty Holman, a resident who identified himself in public comment as having previously worked as a fiscal analyst, told the Hamilton Township trustees on Sept. 17 that the township's finances support a different approach: saving and returning excess funds to taxpayers. "After taking those two numbers out, we still have 13.3 months of operating in reserves," Holman said, citing his calculation of about $16.6 million in reserves versus roughly $14.98 million in expenditures.
Holman urged the board to change its "mindset" from one focused on spending to one that actively identifies and returns excess money, citing a Warren County…
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