PROJECTBUDGET PLANNING

Capital projects fund transfer amendment

Town of Koosharem
Detected
Oct 14, 2026
24 days ago
Sector
Capital Projects
Est. value
Free account
Detected 24 days agoOct 14

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From the meeting

At its October 14, 2026 public hearing, the Town Council discussed a budget amendment to transfer $134,291 from the General Fund to the Capital Projects Fund. The transfer was described as an internal reallocation to address an audit finding that the General Fund balance exceeded the permitted threshold of 100% of total General Fund revenues. The Capital Projects Fund was discussed as a source for major infrastructure projects or matching funds for grants, including potential road projects.

The meeting adjourned after the hearing.

Meeting date
October 14, 2026
Agency
Town of Koosharem

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