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Financial Reserve Archives

Reserve funds, like other savings plans, are mechanisms for accumulating cash for future capital outlays and other allowable purposes. The practice of planning ahead and systematically saving for capital acquisitions and other contingencies is considered prudent management. Savings for future capital needs can reduce or eliminate interest and other costs associated with debt issuances. Similarly, certain reserve funds can be utilized to help protect the budget against known risks (a potential lawsuit) or unknown risks (a major ice storm).  Below are the past years Financial Reserve Plans.

2022-2023 Reserve Plan

2021-2022 Reserve Plan

2020-2021 Reserve Plan

2019-2020 Reserve Plan

2018-2019 Reserve Plan