Fund reserve policy and utility transfers
Summary
Council approved moving $400,000 from water and sewer funds to balance the budget — the second year in a row of using utility transfers, though this time sparing the electric fund.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 14, 2026.
Impact analysis
$400,000 shifted from water and sewer funds to the general fund.
General fund operations, helping keep taxes and fees flat.
Water and sewer utility funds, which subsidize general operations.
Mentions & discussions (2)
City Council - Sep 14, 2026
The updated policy caps transfers from water, sewer and electric funds to the general fund at 12.5% of revenue and changes the RTT reserve calculation. It shapes how much money is available each year for council priorities.
City Council - Jul 13, 2026
Council approved moving $400,000 from water and sewer funds to balance the budget — the second year in a row of using utility transfers, though this time sparing the electric fund.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Milford
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.