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An independent project organizing public records from the City of Nowthen, Minnesota. Not an official city site. Documents and votes are sourced from cityofnowthen.gov; interpretations are AI-extracted and may need correction.

Home/Money/Clusters/$25

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$25

Verified

State auditor's recommended reserve fund balance as a percent of expenditures.

Not promoted to the official baseline.

This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.

Corroboration

1docs

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0%

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0

Date range

2022-09-13 — 2022-09-13

Every document that mentions this number (1)

Meeting City Council Meeting — Minutes (2022-09-13)Sep 13, 2022p.3raw: 25-40%
PDF →Auto-extracted
State auditor's recommended reserve fund balance as a percent of expenditures.
the city will use some of its reserves (currently at 88% - the state auditor likes to see reserves at 25-40%, Nowthen has consistently has 60-65%. After using some of the city's reserves, it will still have 67% in reserves.
Reasoning: This is a reference to a recommended reserve percentage, not a city-specific figure.