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Auditor outlines cash‑reserve allocations; council weighs using surplus for pension, health fund and one‑time projects
Summary
The auditor presented year‑end 2025 balances and recommended a waterfall of transfers to meet reserve targets, pay down police pension liability and consider one‑time uses (paving replacement, $1M capital planning fund, employee stipend); council discussed bond rating, tradeoffs and next procedural steps for appropriation ordinances.
Abby Doyle of the auditor’s office presented the county’s newly adopted cash‑reserve policy and the 12/31/2025 fund balances. Doyle said the general fund ending available balance was $56,269,308 and that a 30% reserve target requires about $28.2 million; a modest excess in the rainy‑day fund (~$452,902) would be folded into the waterfall. The auditor proposed using available cash to shore up the county health insurance fund and workers’ compensation reserves, reduce unfunded police‑pension liability and…
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