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Committee splits on Opportunity Fund rules; schedules special P&F meeting to refine policy
Summary
On Feb. 5 Winnebago County’s Personnel & Finance Committee debated language for an 'Opportunity Fund' — specifically whether to defer spending for five years to allow growth or permit earlier controlled use — and asked staff to present three policy options at a Feb. 16 special meeting.
Members of the Winnebago County Personnel & Finance Committee spent much of the Feb. 5 meeting debating the purpose and rules for a recently established Opportunity Fund and agreed to a special committee meeting to narrow options.
The dispute centered on a line in the draft policy that said "funds may be spent beginning in March 2030," effectively holding the money for five years so…
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