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Finance committee reviews payments 2 and 3 of FTA repayment plan, legislative contingency likely reduced to about $20,000
Summary
The Williamsport Finance Committee discussed a resolution to authorize the second and third payments on an FTA repayment plan using funds moved into legislative contingency, noted uncertainty about funding the remaining payments and called for a prompt plan to replenish contingency funds.
The Williamsport City Council Finance Committee on Tuesday discussed a resolution to authorize payments 2 and 3 of the Federal Transit Administration (FTA) repayment plan to be paid from legislative contingency funds.
Committee chair Liz Mealy said the funds moved into legislative contingency had been intended for several uses and that the proposed payments will substantially reduce the balance. "We didn't move $70,000 until it's just like a contingency," Mealy said during the meeting.
The discussion matters because legislative contingency requires at least four city…
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