Avon council approves year-end transfers, surplus police vehicles and annexation ordinance; adopts investment-policy updates
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Summary
Council approved transfers of $150,000 to both the rainy day fund and the insurance reserve from underspent general funds, declared two older police vehicles surplus, adopted an annexation ordinance for Reserve at Shiloh Creek Phase 2, and readopted an updated investment policy to comply with Indiana law.
On Dec. 18 the Avon Town Council approved several administrative and policy measures as part of its routine year-end business.
Staff reported the town ended the year with underspending in the general fund of about $600,000 (subject to final adjustments). Council approved Resolution 2025-35 to transfer $150,000 into the rainy day fund and $150,000 into the insurance reserve fund; staff noted the transfers are timed so the council can confirm DLGF (Department of Local Government Finance) levy decisions before finalizing amounts.
Deputy Chief Dave Morgerson asked the council to declare two used police vehicles — a 2005 Lincoln Navigator and a 2006 Chevrolet Impala with approximately 150,000 miles — as surplus property so they may be sent to auction. Council approved Resolution 2025-34 as presented.
Council also completed the final reading and adoption of Ordinance 2025-32 to annex Reserve at Shiloh Creek Phase 2 into the town; staff said the annexation will become effective 30 days after advertisement. The council adopted the end-of-year reappropriation ordinance (2025-34) to clean and move remaining FY2025 account balances per Exhibit A in the council packet.
Town legal/finance counsel (Speaker 9) explained changes to Indiana law related to municipal investment policies and presented an amended investment-policy ordinance (2025-35) that adjusts treatment of service charges (subparagraph r) to keep the town in compliance; council adopted the ordinance on final reading.
Speaker 9 also introduced an amended internal controls policy (Ordinance 2025-36) responding to State Board of Accounts emphasis on bond oversight and trustee reconciliations; this item was introduction only and will return for final reading after staff completes edits.
Finally, legal counsel reported a favorable court decision in the West Central Conservancy District case; staff provided a memo and the decision to council members.
