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Council reviews free‑cash transfer proposal; finance staff warns June 30 certification deadline
Summary
Councilors discussed a committee‑recommended transfer of certified free cash (document 243‑25), finance staff warned the certification deadline is June 30, and members questioned how a snow‑and‑ice deficit would be handled if not cleared before certification.
Lawrence City Council considered a proposal to transfer free cash to multiple accounts under document 243‑25 and heard from finance staff that certified free cash must be finalized before the June 30 certification deadline.
Finance staff member Miss Cuffel told the council, “Free cash ends on June 30. After that, we can't use any free cash.” She warned that if the snow‑and‑ice deficit is not cleared before certification, the deficit may have to be carried in the tax recap, which could increase…
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