Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
St. Mary's officials discuss raising revolving loan fund caps as fire apparatus costs climb
Summary
County administrators and the Emergency Services Board discussed potential legislative changes to increase the cap on the volunteer fire/rescue revolving loan fund, noting the fund's legislative cap, current balance and projected demand for expensive apparatus.
Deputy County Administrator Dave Yingling and St. Mary's County Chief Financial Officer Vanetta Van Cleef briefed the Emergency Services Board on the county's revolving loan fund for volunteer fire and rescue apparatus and on possible legislative changes to raise borrowing caps.
Yingling explained the revolving loan fund is statutory and has been used since 2006 to provide loans — financed by county bonds — to volunteer fire departments and volunteer EMS organizations for vehicle purchases and renovations. He said the statute was last amended in February…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
