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Council approves transfer to police district fund and revised intergovernmental MOU for tax revenue sharing
Summary
Council adopted routine finance resolutions including transfer of funds from the general fund to the police district fund (resolution 25R45) and approved a revised intergovernmental memorandum of understanding for job creation, retention and tax revenue sharing that raises the activation threshold discussed in committee.
The council approved two finance items by unanimous votes.
Transfer to police district fund - Council adopted Resolution 25R45 to authorize transferring funds from the general fund to the police district fund and declared an emergency so the transfer may proceed. Staff explained the…
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