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Council approves temporary interfund loan to support cash flow
5776254 · August 27, 2025
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Summary
Maryville adopted Resolution 25-34 to authorize a temporary interfund loan to support municipal cash flow under Indiana law; councilors discussed recurring use of rollovers and repayment concerns.
The Maryville Town Council unanimously approved Resolution 25-34 Tuesday authorizing a temporary interfund loan to support municipal cash flow pursuant to Indiana law. During discussion, a councilor raised concerns that the loan mechanism has been used repeatedly in prior years to manage cash-flow gaps and questioned…
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