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White Salmon council approves $326,000 short-term loan to cover streets fund cash flow
Summary
Council approved Resolution 2025-12-636 on Dec. 3 to authorize a $326,000 interfund loan from the General Fund to the Streets Fund to cover a temporary shortfall while reimbursement for a streets equipment purchase is processed by the State Treasurer; the vote was 4-0.
The White Salmon City Council on Dec. 3 approved a short-term interfund loan of $326,000 from the General Fund to the Streets Fund to address a temporary cash-flow shortfall while the City awaits reimbursement from the Washington State Treasurer's Local Program for a street sweeper purchase.
Director of Finance and Operations Jennifer Niel told the Council the reimbursement funds have been awarded and authorized and are expected to be available in late February or March 2026, but the Streets Fund currently needs temporary financing to cover expenditures. The resolution establishes loan terms, repayment conditions and related budget modifications.
Council Member Jason Hartmann moved to approve Resolution 2025-12-636; Ben Giant seconded. The motion carried 4-0 (Giant, Mora, Hartmann, Lindley).
Director Niel confirmed the award is secure though exact timing depends on state processing. The resolution directs Finance to process the loan and report repayment status to Council once reimbursement is received.
