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County administrator explains rainy‑day reserve target: about 90 days (roughly 30% of the $150M budget)
Summary
Dr. Corbin said Douglas County aims to keep about 90 days (roughly 30%) of its $150 million budget in unencumbered fund balance as a reserve, though the board policy target is about 20% and the percentage fluctuates across the tax collection cycle.
A resident asked how much of the rainy‑day reserve is unencumbered. Dr. Corbin said the county tries to keep "90 days of unencumbered fund... we call it fund balance," and that amounts to roughly 30% of the county's $150,000,000 budget at times during the year; he noted the board's policy target is currently about 20% and the percentage moves during tax‑collection cycles.
Dr. Corbin also explained that the figure fluctuates (higher around October–December when taxes are collected, and lower mid‑year) and that the state does not require a specific reserve level. "The state doesn't have requirement for us," he said, underscoring the county's internal policy choices.
