Resolution 25 – 14
Creating General Sinking Fund
WHEREAS, the County Board of Banner County is committed to responsible fiscal management and transparent accountability of public funds; and
WHEREAS, a need has been identified to account for specific revenue and expenditures related to a new program to address infrastructure improvements; and
WHEREAS, establishing a dedicated fund for this purpose will ensure clear financial oversight and allow for accurate tracking of revenue and expenditures.
NOW, THEREFORE, BE IT RESOLVED, by the County Board of Commissioners of Banner County, Nebraska as follows:
SECTION 1: Fund Created: The General Sinking Fund, designated as Fund #2750-0100-00, is hereby created and established within the financial records of Banner County.
SECTION 2: Purpose: The purpose of the General Sinking Fund is to account for all revenues and expenditures related to addressing infrastructure improvements.
SECTION 3: Revenue Sources: The General Sinking Fund shall be funded by, but not limited to, the following revenue sources:
- Sales of surplus, dedicated portion of the county taxes.
SECTION 4: Administration: The Banner County Board of Commissioners shall be responsible for the administration and oversight of the General Sinking Fund, including managing revenues, authorizing expenditures, and ensuring compliance with all applicable laws and regulations.
SECTION 5: Appropriation: Expenditures from the General Sinking Fund shall be subject to appropriation by the County Board as part of the annual budget process or through separate resolutions as needed.
SECTION 6: Effective Date: This Resolution shall take effect immediately upon its passage and adoption.
Adopted this 5th day of August 2025.
Board of Commissioners
Banner County, Nebraska
/s/ Robin Darnall, Chairperson
/s/ Laif Anderson, Vice Chairman
/s/ Don Lease II
ATTEST: /s/ Katie West, Banner County Clerk