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Benton County adopts fund-balance commitments under GASB 54
Summary
The board approved Resolution #26-68 committing specific fund balances as of June 30, 2026, including allocations for vehicle and equipment replacement, emergency response, infrastructure upgrades, conservation land acquisition, EMS loan and trust funds, and Pictometry costs in the LOSST fund.
Benton County adopted Resolution #26-68 to commit fund balances in accordance with Governmental Accounting Standards Board Statement 54 (GASB 54). The resolution lists committed amounts as of June 30, 2026, including: General Fund commitments such as $42,000 for sanitarian vehicle replacement, $60,000 for election equipment replacement, $50,000 for emergency response, and $500,000 for infrastructure upgrades; Conservation Land Acquisition Fund $289,926; EMS Revolving Loan Fund $126,484; EMS Trust Fund $1,271,985; and LOSST Fund $115,000 for Pictometry aerial flight and technology upgrades.
The resolution states previously established committed fund balances are uncommitted and replaced by the newly stated commitments. The motion carried with Tippett, Seeman and Volz voting aye.
