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Finance Committee sets aside up to $250,000 in Human Services fund to manage placement cost fluctuations
Summary
The committee adopted Resolution 2026-4054, retaining up to $250,000 in the Human Services Fund (effective for 2025) to buffer placement cost variability; any excess above that amount will transfer to the General Fund at year end. The resolution cites Wisconsin Statutes §65.90.
Iron County’s Finance Committee approved a reserve policy Jan. 20 to keep up to $250,000 in the Human Services Fund to manage fluctuating placement costs.
Resolution 2026-4054 cites Wisconsin Statutes §65.90 as authority for counties to maintain contingency or reserve accounts. The resolution makes the policy effective for calendar year 2025 and requires any carryover above $250,000 to be transferred to the General Fund at year end.
The motion was made by Lutgen and seconded by Lauer; the minutes record the vote as all yes, carried. The committee’s action is recorded as a budget policy adjustment intended to reduce the need for mid-year transfers or emergency appropriations related to placement costs.
