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Snoqualmie finance director: flood costs drawn from reserves; FEMA assistance uncertain
Summary
Finance Director Abdul Butte told council flood response costs have been posted to the city's reserve fund and staff will present options to replenish reserves during the biennial budget; he said the state has begun review of damage assessments and federal assistance via FEMA is uncertain.
Snoqualmie’s finance director told the city council on Jan. 26 that the city has charged flood-related expenses to its reserve fund and will present options to replenish the fund as part of the next biennial budget.
"As a result of this flood event, we're gonna be drawing down our reserve fund balance," Finance Director Abdul Butte said, noting the reserve exists to protect the general…
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