Sioux County approves multiple short-term transfers and loans from Inheritance Fund to cover cash-flow needs

Jan 2, 2019

Facing tight cash flow and delayed reimbursements for storm repairs, the board approved a series of loans and transfers from the Inheritance Fund during 2019, including two loans to be repaid by May and a $50,000 December loan to be repaid before May 1, 2020.

The full story

Sioux County commissioners approved multiple transfers and short-term loans from the Inheritance Fund during 2019 to meet cash-flow needs while FEMA-related work and reimbursements were pending.

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