# Finance and Parks & Recreation Committee Meeting | October 28, 2026

The City of Mount Vernon Finance and Parks & Recreation Committee meeting on October 28, 2026, focused on proposed 2027 budget assumptions and department needs. Finance staff presented a possible change to the investment policy that would direct unrestricted investment income to the General Fund rather than distributing it proportionally among funds. The change could add more than $1.2 million to General Fund reserves, but would require a council ordinance and annual allocation through the budget process. No decision or vote was taken on the proposal. Staff also reviewed a proposed General Fund reserve position above the city’s policy threshold under this approach.

**Jurisdictions:** sled
**Industries:** Construction & Infrastructure, Public Safety
**Topics:** Physical Infrastructure, Grants & Funding
**Published:** October 28, 2026

### Sources
- [Finance and Parks & Recreation Committee Meeting | October 28, 2026](https://www.youtube.com/watch?v=VggZWs_Gkv8) - City of Mount Vernon, WA - Government Television