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Council moves $50,000 into equipment replacement savings
Summary
Council approved Resolution 2026‑03 to transfer $50,000 from Temperance Lake Ridge operating account into the city general fund savings for equipment replacement; staff said the equipment schedule has not been followed and the savings account currently holds about $99,000.
Sherburn City Council adopted Resolution 2026‑03 to transfer $50,000 from the Temperance Lake Ridge operating account into the city's general fund savings for use on equipment replacement.
Andrea, a city staff member, said the transfer is budgeted and recommended because the equipment‑replacement schedule had not been followed in recent years and funds had not been consistently set aside. She reported the equipment replacement savings account currently holds approximately $99,000 and recommended the newly transferred $50,000 be added to general savings to help cover future replacement needs.
Council asked for a motion; the clerk called the roll and the resolution was approved. The transfer will appear in the city's financial records and in future budget materials tied to the equipment replacement schedule.
No council member proposed a specific equipment purchase at the meeting; discussion focused on ensuring designated funds are available for scheduled replacements going forward.
