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04Issues & decisionsOxford County

Oxford County · Decision record

Allocate 2025 operating surplus to Arena Facility Reserve

2026-08-10 · 2026-212

2026-08-10 · 2026-212

Allocate 2025 operating surplus to Arena Facility Reserve

approved

$1,862,203.94 · Modified accrual operating surplus transferred to reserve

Consequence: Transfer the budget-basis surplus to Arena Facility Reserve for MURC. This does not itself increase the project budget.

2 source records
  1. T-023-26 —2025 audited statements and surplus allocation Report Tables 1–4; appended audited statements pages 3–4 and notes 5–10.

    Town of Ingersoll · Published 2026-08-10 · Event/reporting date 2026-08-10 · 2025

    Audited PSASaccounts; Councilapproved August 10 · Primary record verified

  2. Regular Meeting of Council Minutes - August 10, 2026 Public Council minutes; numbered resolutions.

    Town of Ingersoll · Event/reporting date 2026-08-10 · 2026

    published primary record · Primary record verified

Where the money moved

2025 operating surplus$1,862,203.94Arena Facility Reserve
Reserve funding for MURC. This transfer does not itself increase the project budget. · 2026-08-10
Sources for these figures · 2
  1. T-023-26 —2025 audited statements and surplus allocationReport Tables 1–4; appended audited statements pages 3–4 and notes 5–10.
  2. Regular Meeting of Council Minutes - August 10, 2026Public Council minutes; numbered resolutions.

Authority & recorded votes

Council

Individual votes are not confirmed.

Connected projects

Ingersoll · Parks, recreation & culture

MURC - Construction

This project represents the construction phase of the MURC. The scope of this work includes full construction of the MURC. This includes structural, mechanical, electrical systems, interior and exterior finishes.

Ingersoll

In Progress
Lifetime project budget
$38,000,000
Next target
No next date listed
Latest update
2026-08-10 · Allocate 2025 operating surplus to Arena Facility Reserve
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