Reserve and surplus policy framework
Town of Creston- Detected
- Oct 13, 2026
- 15 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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From the meeting
At its October 13, 2026 meeting, Council considered a new Reserve and Surplus Policy to set reserve purposes, minimums, optimum targets, and surplus allocation rules. The policy keeps utility funds separate and creates a documented framework for capital replacement, working capital, and stabilization reserves. It points to future funding decisions in the 2027-2031 financial plan and ties directly to asset management.
- Meeting date
- October 13, 2026
- Agency
- Town of Creston
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Questions about this project
What is a pre-RFP?
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When will Town of Creston issue an RFP for this project?
Pre-RFPs typically surface 6–18 months before a formal solicitation is published. Civic IQ tracks Town of Creston's meeting records, agendas, and budgets continuously and updates this pre-RFP as the project moves through the buying cycle toward an RFP.
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Vendors who reach out during the planning window can help shape requirements and build relationships with the decision-makers running the project. A free Civic IQ account unlocks this pre-RFP's source document, forecasted RFP timing, and verified Town of Creston decision-maker contacts.
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