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Boone council declines immediate transfer — leaves $197,750 in general fund pending review
Summary
Council debated moving $197,750 to the trust-and-agency account after historical AIMS Alliance benefit payments were recorded in the general fund; after discussion the council voted to leave the funds in the general fund for flexibility and to address any backfill later if needed.
City administrator Andrea reviewed proposed FY2027 budget adjustments and explained a prior accounting treatment in which AIMS Alliance employee-benefit costs were handled in the general fund rather than the trust-and-agency account. She said fixing the accounting could be done by transferring $197,750 from the general fund to…
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