Board sets minimum fund-balance language, approves $400,000 contingency target for 2027
Commissioners adopted a fund-balance policy requiring a minimum 15% general-fund balance and voted to direct staff to plan for at least $400,000 in contingency in the 2027 budget; the board also approved financial depository/investment policy updates.
The full story
The board advanced several financial-policy items recommended at the board’s goal session. Commissioners approved a fund-balance policy that, after an amendment, uses the term 'requires a minimum fund balance of at least 15%' for the general fund. Members debated and strengthened the language to make the 15% minimum explicit in policy.
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