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Finance committee recommends reclassifying solid-waste loan as transfer to address trash-fee cash‑flow

2739652 · March 21, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Narberth Borough Finance & Administration Committee recommended reclassifying a prior loan to the solid‑waste fund as a permanent transfer to resolve recurring first‑quarter cash‑flow shortfalls tied to trash‑fee collections.

The Narberth Borough Finance & Administration Committee recommended reclassifying a prior transfer recorded as a loan from the general fund to the solid‑waste fund as a permanent transfer, citing predictable first‑quarter cash‑flow shortfalls tied to the borough’s trash-fee billing schedule.

Borough Treasurer Miss Dobbs told the committee that because trash fees are collected with property taxes each spring, the borough “doesn’t get a lot of our revenue for our trash…

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