Town of Watson Lake Adopts New Reserve Fund Bylaws for Roads and Emergency Services
The Town of Watson Lake has adopted two new reserve fund bylaws. These bylaws create dedicated reserve funds that the Town can use to plan ahead for long-term needs in specific service areas.
Road Repair & Maintenance Reserve Bylaw 2025-012
This bylaw establishes a reserve fund intended to support road repair and maintenance work within Watson Lake. The fund is meant to help the Town manage road-related costs over time by setting money aside for future projects and ongoing maintenance needs.
- The reserve fund is set up specifically for road repair and maintenance purposes.
- Money can be added to the fund through Council decisions (such as resolutions).
- Interest earned stays in the reserve fund to support future road work.
- Withdrawals generally require Council approval and follow the Town’s established process.
Fire & Emergency Management Reserve Bylaw 2025-013
This bylaw establishes a reserve fund intended to support fire services and emergency management needs in Watson Lake. The reserve can be used to help plan for larger equipment, service upgrades, and other emergency readiness expenses over time.
- The reserve fund is set up for fire and emergency management capital-related needs.
- Contributions are determined by Council decisions (such as resolutions).
- Interest earned stays within the reserve fund and supports its purpose.
- Withdrawals require Council approval and follow the Town’s established process.