Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Commissioners discuss moving $807,467.19 year‑end funds into CD for capital‑defense cap
Summary
Brown County officials discussed placing $807,467.19 left at fiscal year end into a certificate of deposit as a reserve for capital‑defense expenses and reviewed the general fund balance of $8,385,003.71; no formal motion on the transfer was recorded in the transcript.
During the meeting, participants discussed using year‑end fund balances to create a dedicated reserve for capital‑defense costs. A participant noted, “What was left at the end of the fiscal year was $807,467.19,” and the general fund balance was stated as $8,385,003.71. The discussion considered whether to deposit the full amount into a CD to establish a cap rather than…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
