Commission creates Large Taxpayer Reserve Fund after removing fixed 10% deposit language
Cascade County approved Resolution 26-33 to establish Large Taxpayer Reserve Fund #2388 and amended the draft to remove a fixed "10%" deposit clause, instead directing compliance "in accordance with state statute." The motion passed 3-0.
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The Cascade County Commission voted Sept. 3 to establish a Large Taxpayer Reserve Fund (Fund #2388) but amended the draft resolution to remove language specifying a fixed 10 percent deposit from certain taxable revenues.
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