Transfer cash from General Fund to eliminate negative balances in other city funds
General Fund TransferBudgetAppropriation
In Plain English
Several city funds currently have negative cash balances, meaning they owe money they don't have. The city plans to move cash from its General Fund to cover these debts. This prevents the city from defaulting on obligations but reduces money available for other General Fund services.
Auto-generated summary. Source: official agenda documents.
Votes
Motion · Official minutes
Adopt resolution for one-time transfer of funds
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