Interfund loan for general fund expenses
Town of OtselicNew York- Detected
- Jul 9, 2026
- 111 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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From the meeting
The Board authorized an interfund loan from the Town's Revolving Loan Fund to cover unexpected general fund expenses, including accounting-related expenses. The loan may not exceed $24,000 and must be repaid by the end of the fiscal year unless the Board takes further action. This shows near-term pressure on finance operations rather than a procurement, but it also signals continued accounting support needs.
- Meeting date
- July 9, 2026
- Agency
- Town of Otselic
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