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Mount Vernon approves short-term loan, state financing and budget actions to cover unbudgeted ladder truck
Summary
Council authorized a short-term interfund loan of $975,621 for a ladder truck, approved a state financing contract and a reimbursement resolution, and passed related budget amendments to reconcile 2025 spending.
Mount Vernon’s City Council on Dec. 17 approved a package of financial actions to address a ladder truck that arrived in 2025 before financing was available.
Finance director Doug (Doug Bolesky) explained the ladder truck arrived earlier than expected and the Fire Capital Projects Fund lacked reserves to cover the purchase. Staff requested a short-term interfund loan of $975,621 from the…
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