Library board to move undisclosed interest income into reserve

The Teton County Library Board is set to transfer an unspecified amount from the library's Interest Income account into its Capital Reserve Fund on Thursday, but the agenda does not say how much money would move. The motion in the Library Board agenda would approve a transfer of "$xxx," which leaves the public without a dollar figure before the vote.

That matters because reserve transfers are how boards park money for building work and other capital needs instead of day-to-day operations. The research history on the fund says it supports capital projects and facility upgrades, but the current agenda gives no balance, no project list, and no explanation for the amount, just the proposed transfer language in the Library Board agenda.