34:03
Someone wanted to create a reserve fund for very general purposes , and I told them, " All expenditures must be approved by the board , and there must be established standards ." This is much simpler.
38:52
I heard you mention that earlier. So, do we have like a reserve fund that we could potentially use to I'm not saying not bonding out for the full 6 million is is not the answer.
23:37
Uh, we have, uh, a balance in the sewer reserve fund of what and I don't think that's necessarily correct now because we had some expenses that came out of there and we're having, um, the work done at the River Street pumping station.
1:00:13
City voters are being asked to approve the creation of a capital reserve fund for the school district. The funds would only be used for improvements, replacements, and repairs of buildings and equipment.
2:46:39
Yeah. like like one of the like the idea of having a designated emergency reserve fund that's not the unassigned but you know having a separate account or just like to be able to discuss that publicly as a as a group and I'm happy to do it…
8:03
I think that's how we did set money aside in the capital reserve fund this past year. but that's, you know, at this point we're 19 in change left and there after the covered bridge repair.
58:28
I mean, the tan is not quote-unquote a reserve fund, but like the state said, you could do short-term borrowing out of your reserve funds as long as you documented, okay, and I think it's just a good practice to document this stuff.
1:46:10
We'll have to take it out of our reserve fund for purchasing walls. If you have funds available, since this was an unplanned expense, then phase two will be part of our budget discussions as we go forward.
14:56
Yes, we we would think. Yep. And the reserve fund's in pretty good shape, right? Reserve fund was at seven and a quarter. Yep. 725. Brian has talked about playing paying off the police station several times.
2:13:18
Six ballot, that if approved, allow us for the establishment of a capital reserve fund, that would be under the control and direction of the school board for the purposes of making capital improvements at Rutland City Public Square.
26:19
I think for the maintenance of school property, we've talked about having that multi-year plan and being able to speak to the use of the capital reserve fund at town meetings.