File #: File ID 19262    Version: 1 Name:
Type: Agenda Item Status: Approved
File created: 9/3/2025 In control: Finance and Risk Management
On agenda: 9/16/2025 Final action: 9/16/2025
Title: Affirmation of Board Policy D 22.14 - General Fund - Fund Balance Discussion/Direction/Action: Reaffirming the 17 percent fund balance requirement restores the County's alignment with nationally recognized standards, preserves the County's strong credit standing, and provides the financial resilience necessary to navigate future uncertainties. Staff recommends continued application of the 17 percent reserve requirement for all future budget processes.
Attachments: 1. FN_AffirmationofBoardPolicyD.22.14, 2. CA_CAMemo_AffirmationofBoardPolicyD.22.14_9-12-25

Title

Affirmation of Board Policy D 22.14 – General Fund – Fund Balance

Discussion/Direction/Action: Reaffirming the 17 percent fund balance requirement restores the County’s alignment with nationally recognized standards, preserves the County’s strong credit standing, and provides the financial resilience necessary to navigate future uncertainties. Staff recommends continued application of the 17 percent reserve requirement for all future budget processes.