New Point council approves $20,377.73 transfer to general fund
The New Point Town Council approved a resolution authorizing the transfer of $20,377.73 from multiple restricted funds into the general fund to support town operations and match local road project funding.
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The Chair of the New Point Town Council read and moved to adopt a resolution authorizing transfers from restricted town funds into the general fund, specifying "The amount of transfer is $20,377.73." The resolution cites state transfer authority for small towns under Indiana Code and directs the clerk treasurer to make the transfers in accordance with applicable statutes.
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