The finance committee is shaking things up with a proposed minimum general fund balance of 15%, but heated debates have led to tabling the decision for more public input!
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#LowerMerionMontgomeryCounty #PA #CitizenPortal #LowerMerionFinance #PublicFinance #CommunityInput
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#LowerMerionMontgomeryCounty #PA #CitizenPortal #LowerMerionFinance #PublicFinance #CommunityInput
Finance committee debates raising general fund floor to 15%; action tabled to Sept. 23
The finance committee recommended changing the township general fund balance policy to a recommended minimum of 15% with a 15–25% target range; extensive debate followed over whether 15% meets GFOA guidance and rating‑agency implications, and the committee voted to table the matter to the finance committee meeting on Sept. 23 for additional review and public notice.
citizenportal.ai
September 18, 2026 at 5:59 AM
The finance committee is shaking things up with a proposed minimum general fund balance of 15%, but heated debates have led to tabling the decision for more public input!
Click to read more!
#LowerMerionMontgomeryCounty #PA #CitizenPortal #LowerMerionFinance #PublicFinance #CommunityInput
Click to read more!
#LowerMerionMontgomeryCounty #PA #CitizenPortal #LowerMerionFinance #PublicFinance #CommunityInput