Franklin City Council introduces two budget ordinances to replenish reserves, insurance and capital funds
February 02, 2026 | Franklin City, Johnson County, Indiana
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Franklin City — The Franklin City Council on Feb. 2 introduced two budgetary ordinances that would move unspent funds and donated money into non-tax and Board of Works accounts, officials said.
Ordinance 26-01 was presented as an introduction to appropriate money into donation and grant accounts so those funds can be spent. "This is just appropriating the money into our donation and grant accounts, so that that money can be spent," said an unidentified city official during the introduction.
Council members spent more time on Ordinance 26-02, which proposes additional appropriations into Board of Works categories including employee insurance, capital, services, a rainy day fund and cemetery capital. The presiding speaker said the goal is to keep the rainy day fund "right about the $5,000,000 that we try to maintain." A separate explanation discussed an insurance reserve and capital transfers.
Details mentioned during the introduction include: a group insurance line described as $328,939 to be accounted for in group insurance; a target insurance reserve the speakers discussed keeping around $1,500,000 (while noting about $4,200,000 is already budgeted elsewhere); a $1,000,000 transfer into Board of Works for paving and sidewalk projects; and periodic allocations of about $50,000 toward cemetery headstones and related work.
Councilmember Speaker 7 asked for clarification on the rainy day fund outcome; the presiding speaker confirmed the fund will be near the $5 million target after the transfers. No ordinance votes were taken — both items were introduced "by title" and presented for future consideration.
The council approved routine minutes and procedural motions earlier in the meeting before the ordinance introductions. The meeting then moved into council comments and community updates.
Next steps: Both ordinances were introduced only; they will return to the council for further consideration and any formal vote at a later meeting.
Ordinance 26-01 was presented as an introduction to appropriate money into donation and grant accounts so those funds can be spent. "This is just appropriating the money into our donation and grant accounts, so that that money can be spent," said an unidentified city official during the introduction.
Council members spent more time on Ordinance 26-02, which proposes additional appropriations into Board of Works categories including employee insurance, capital, services, a rainy day fund and cemetery capital. The presiding speaker said the goal is to keep the rainy day fund "right about the $5,000,000 that we try to maintain." A separate explanation discussed an insurance reserve and capital transfers.
Details mentioned during the introduction include: a group insurance line described as $328,939 to be accounted for in group insurance; a target insurance reserve the speakers discussed keeping around $1,500,000 (while noting about $4,200,000 is already budgeted elsewhere); a $1,000,000 transfer into Board of Works for paving and sidewalk projects; and periodic allocations of about $50,000 toward cemetery headstones and related work.
Councilmember Speaker 7 asked for clarification on the rainy day fund outcome; the presiding speaker confirmed the fund will be near the $5 million target after the transfers. No ordinance votes were taken — both items were introduced "by title" and presented for future consideration.
The council approved routine minutes and procedural motions earlier in the meeting before the ordinance introductions. The meeting then moved into council comments and community updates.
Next steps: Both ordinances were introduced only; they will return to the council for further consideration and any formal vote at a later meeting.
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