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Council OKs budget adjustment to create custodial fund for Madison County Ambulance District
Rexburg City Council · October 16, 2024
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Summary
Rexburg will create a custodial fund and perform bookkeeping and investing for the Madison County Ambulance District; the council approved a budget adjustment to establish the fund and staff said the ambulance district will retain budget and public‑hearing responsibilities.
Rexburg City staff proposed and the council approved a budget adjustment to create a custodial fund so the city will handle bookkeeping, accounting and investment management for the Madison County Ambulance District.
CFO Matt Nielsen explained the arrangement is…
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