Finance committee debates cash‑flow resolution as general fund reserves fall
County finance director told the committee the general fund general account is below the 90‑day reserve policy and proposed a resolution allowing short‑term transfers to cover pre‑tax receipts cash‑flow gaps; members discussed timing, reporting and safeguards.
The full story
The King County Finance & Budget Committee on March 25 discussed a proposed resolution to authorize short‑term, bookkeeping transfers to prevent cash‑flow shortfalls before property‑tax receipts arrive.
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