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Ways & Means backs amended Contingency Funds Policy outlining BRF distribution
Summary
Committee recommended approval of changes to the Contingency Funds Policy that govern allocation of year-end Budget Remaining Funds, caps department contingency funds at $10,000, and sets distribution rules for remaining balances.
Finance Officer Susan Zielinski presented proposed amendments to the county Contingency Funds Policy (Appendix C), including a cap of $10,000 per department contingency fund and a split formula for Budget Remaining Funds (BRF): 50% of BRF up to the $10,000 cap to the originating department, with the remaining BRF allocated 75% to the Manistee County Contingency Fund and 25% to the Technology Contingency Fund when applicable.
The committee moved to recommend the amended Contingency Funds Policy. “Moved by Dontz, seconded by Gustad to recommend approval of the Contingency Funds Policy as amended. Ayes: All. Absent: Schmidt. Motion Carried,” the minutes record. The policy also establishes approval requirements for expenditures exceeding $1,500 from department contingency funds — a Committee recommendation and subsequent Board approval.
If adopted by the Board, the policy clarifies departmental reporting and approval thresholds and formalizes how unspent non-personnel budget funds are reallocated at year-end.
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