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Supervisors flag $760,000 in likely carryover, propose equipment fund and approve $4,500 loader repair

Silver Creek Township Board of Supervisors · August 6, 2024
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Summary

Supervisor Helman said the township may need to carry over about $160,000 in the General Fund and $600,000 in Road & Bridge; the board approved up to $4,500 for loader repairs and discussed creating an equipment fund to avoid borrowing.

Supervisor Mike Helman gave the board a budget update on Aug. 6, saying he expects the township to finish the year carrying over roughly $160,000 in the General Fund and $600,000 in the Road & Bridge Fund. Helman proposed starting a dedicated equipment fund to reduce or avoid borrowing for future equipment purchases; the board will receive an updated budget each month.

In maintenance updates, the board noted extensive grading work after recent rain and that a newly hired employee is training on the grader. Supervisor Brandon Geyen moved and Supervisor Sandy Forsman seconded a motion to authorize up to $4,500 for needed loader repairs; the motion carried 4-0.

Helman also reported that culvert replacement grant paperwork will be handled by Chris, and he summarized clean-up day finances, listing expenses of $6,293.63 and income of $7,333.00. The board scheduled a road tour for Aug. 20 to inspect local roads and agreed to look for a late-September date for a budget workshop to prepare next year’s numbers.