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Bluff City board approves first reading to buy three police cruisers using reserves
Summary
Board approved on first reading the purchase of three fully outfitted police cruisers, with staff and the comptroller recommending buying outright from reserves rather than leasing to save interest costs; the decision drew questions about reserve transparency and the town budget timetable.
The Bluff City Board of Mayor and Aldermen on first reading approved an amendment authorizing purchase of three fully equipped police cruisers for $162,100, with the board debating the financing method and reserve use before the 3–2 vote.
Staff reported that the town’s comptroller had advised purchasing the vehicles outright from reserves rather than leasing, saying capital-asset treatment and the town’s healthy reserves made the purchase appropriate. The comptroller was quoted in the meeting as “approving it wholeheartedly” and recommending the purchase as a sound financial choice. Staff said buying the cars outright would save roughly $44,000…
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