Interfund loan from revolving fund
Town of OtselicNew York- Detected
- Jul 9, 2026
- 112 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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From the meeting
The board authorized an interfund loan of up to $24,000 from the Town's Local Revolving Fund to cover unexpected general fund expenses, including accounting-related costs. The loan must be repaid to the revolving fund by the end of the fiscal year unless the board takes further action. This is a finance stopgap and may signal pressure in the town's accounting operations.
- Meeting date
- July 9, 2026
- Agency
- Town of Otselic
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