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Finance committee recommends $25,000 short-term advance to veterans assistance office to cover timing shortfall
Summary
Committee members reported that the veterans assistance office faces occasional timing gaps between receipts and expenditures; the finance group recommended a $25,000 advance from the general fund to be recovered under agreed repayment terms.
Members of the county finance committee told the board the veterans assistance office sometimes faces timing differences between expenditures and revenue from tax assessments and requested a short-term advance to cover cash-flow gaps.
The committee recommended making a $25,000 advance from the county general fund to the veterans assistance office. Committee members…
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