Authorize replenishing Rent Board reserves to 18% of annual budget

Rent Board & TenantsBudgetRent Program

In Plain English

The Rent Board maintains emergency reserves like a savings account for unexpected expenses. Current reserves have dropped below the required minimum of 18% of the annual budget. If approved, the board adds money back to reach the 18% target set by city policy.

Auto-generated summary. Source: official agenda documents.