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CBTA finance committee discusses access procedures for $18 million working capital reserve
6139442 · August 13, 2025
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Summary
Committee members reviewed guidance on when the authority can draw from its $18 million working capital reserve, outlining proper and improper uses and noting the guidance was vetted with finance directors.
The CBTA finance committee discussed access procedures for the authority's working capital reserve at its July 10, 2025, meeting, describing the reserve as a contingency fund to stabilize cash flow during widespread revenue shortfalls or other region-wide emergencies.
Staff said the working capital reserve is at its capacity, approximately $18,000,000.…
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