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Detail: Richland’s 2025 year-end reserve transfers include multiple fund adjustments
Summary
The full transfer schedule appended to the Feb. 18 minutes lists specific reserve and fund moves for 2025: capital and assessment reserves, equipment and machinery reserves, and sewer fund interest allocations. Examples include A917 entries and DA231 equipment reserve transfers.
The Town of Richland’s Feb. 18 meeting record includes a detailed 2025 year-end reserve account schedule showing multiple transfers across A, DA and SW funds. Notable line items in the minutes include A917 interest allocations (A917 $7,343.01; A231 A917 $1,906.95; A233 A917 $3,023.03), an A235 assessment revaluation entry of $12,272.99, and multiple $25,000 transfers into capital reserves.
For highway and equipment reserves the minutes show DA231 Equipment Reserve receipts from equipment sales and money market transfers (for example, DA231 Equipment Reserve $24,510.00). The sewer funds record year-to-date interest allocations to operating accounts (SW1, SW2, SW3 interest items listed). The transfer schedule as printed in the minutes serves as the town’s official record of these adjustments and will be retained with the February 18 meeting materials.
