Removing cap for municipalities on their stabilization fund

SB 726 removes a 30% limit on how much money West Virginia municipalities can save in their stabilization funds, which act as emergency rainy-day reserves. Currently, these funds cannot exceed 30% of a municipality's general fund budget, but the bill would eliminate that cap. Municipalities would then have greater flexibility to build larger reserves using surplus funds from their general budget. This change directly affects all West Virginia cities and towns that maintain such stabilization funds. The bill amends West Virginia Code §8-37-3 to reflect this policy adjustment.