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Council directs closure of Camden Center enterprise fund and transfer to general fund
Summary
Council voted to close the Camden Center enterprise fund and transfer its assets and liabilities into the general fund effective May 1, 2026, citing accounting clarity and the center's longstanding reliance on general-fund support; staff will draft a resolution or ordinance for formal passage.
Canon's council on Tuesday directed staff to close the Camden Center enterprise fund and transfer the center's assets and liabilities into the village's general fund, effective May 1, 2026.
Steve Gibson explained the change as an accounting and oversight correction. He said the Camden Center was set up as an enterprise fund in the 1980s though the center has never been self-sustaining; general-fund transfers historically covered operating shortfalls. Folding the center into the general fund would simplify bookkeeping and better reflect the center's true funding mix, Gibson said.
Jeannie, who runs the Camden Center, told the council she supports the change and described steady bookings for the facility. "I don't like it when I have to borrow money from the general fund," she said, supporting a cleaner accounting structure that keeps the facility affordable for community use.
Council members voted to direct the village attorney to prepare a formal resolution or ordinance to effect the transfer; the motion carried by voice vote. The resolution is expected to appear for formal passage at the next council meeting.
Next steps: the village attorney will draft the necessary resolution/ordinance to close the enterprise fund and transfer the center's accounts to the general fund, with an effective date of May 1, 2026, per staff recommendation.
