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Middleton increases reserve targets, lowers annual contingency in fund‑balance policy update
Middleton Common Council · August 6, 2025
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Summary
The Common Council unanimously amended the city fund balance policy to raise the unassigned general fund target to 25–40% of next year’s budgeted expenditures and reduce general contingency from 0.67% to 0.5%, citing reserve strength and credit considerations.
Middleton — The Common Council voted unanimously to amend the City's fund balance policy, increasing the target range for the unassigned general fund balance to 25–40% of subsequent year budgeted expenditures and reducing the annual general contingency target from…
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