Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Council resolves to make Equipment Fund whole, then dissolve it by fiscal year end
Summary
Bellevue council voted to use General Fund dollars to restore the Equipment Fund, require repayment by Major/Local/Sewer/Water funds via an allocation table, and dissolve the Equipment Fund by the end of the 2026 fiscal year; the motion passed by roll call.
The Village of Bellevue Council voted on a motion from Councilmember L. Pfiester (seconded by President B. Balkema) to use General Fund reserves to reimburse the Equipment Fund and then, using an allocation table, require Major, Local, Sewer, and Water funds to repay the General Fund. The motion included a directive that the Equipment Fund be dissolved by the end of the 2026 fiscal year. The minutes record a roll-call vote: S. Roberts, B. Balkema, J. Willis, and L. Pfiester — Ayes.
The minutes do not include the allocation table or specific repayment schedule; they indicate only that an allocation method will be used and that dissolution is targeted for the end of the 2026 fiscal year. Council did not record objections in the public minutes; the action was approved by roll-call.
