Financial Updates

2019-20 Investment Udpate

General Fund Reserve Balance Summary

Below is a summary of the Town's General Fund reserve balances as of July 1, 2018 and any amendments, thereafter. The $3.0 million dollar reduction in Budget Stabilization Reserve and the creation of Accrued Leave Reserve (with a balance of $650,000) are resulted from the Unfunded Liabilities Funding Strategy accepted by the City Council on October 24, 2018. Click here for more information on the Town's 2018 Unfunded Liabilities Funding Strategy.

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