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Council members press for clearer rules after $2.2M in trust withdrawals and internal borrowing discussed
Summary
A delegation and multiple council members reviewed a series of withdrawals from the city's MCT trust and longer-running interfund borrowing, and asked staff to draft a resolution clarifying that withdrawals must come before the council.
Julian Brown, speaking as a delegation on the Municipal Compliance Trust (MCT) account, told the Cairo City Council that several draws were taken last year and this year to cover operating costs while tax receipts were delayed.
Brown said draws occurred in April and July 2024 and in November, December and February of 2025, and that the money was used to cover payroll, vendor obligations and emergency mutual-aid expenses after a hurricane response. "Those draws were made to cover expenses," Brown said. "We paid down a bank loan, so we could pay it off, so we would not carry that in '25 along with debt." He also said "none of this went against the policy the council approved in 2024."
Council members pressed for documents and raised process concerns: several speakers…
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