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Conroe County ambulance board weighs tax‑anticipation note, reviews cash forecast and reserve targets
Summary
Board reviewed a November beginning cash balance of about $1.38 million, discussed a projected available cash near $500,000 by January, and debated timing for a tax‑anticipation note and a multi‑year reserve plan; staff will produce a data‑driven minimum‑balance trigger and a 12‑month projection for the board to act on in December.
The Conroe County Ambulance Service District Board on Nov. 5 reviewed its budget forecast and extensively discussed whether to seek a tax‑anticipation note (TAN) ahead of January. Staff reported a November beginning cash position of roughly $1.38 million and said, under current projections, the district could have about $500,000 available by January.
The discussion focused on two linked issues: timing to pull a TAN and how large a minimum available balance the board should require before authorizing debt. Board members and staff repeatedly emphasized that timing — not just a dollar amount — matters because cash inflows from property‑tax “drops” and third‑party billing can arrive unpredictably. A staff member summarized the…
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