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City manager urges quick council letter on state bill that could allow utility-to-general-fund transfers
Summary
City Manager Monty told the council that lobbyists alerted staff to language in a bill (referenced as Senate Bill 1420) that would permit transfers from a utility to a general fund; staff proposed sending a council-signed letter to state lawmakers and scheduled a special-call meeting for further discussion.
The city manager told the council that the city's lobbyist alerted staff to proposed language — described during the meeting as part of Senate Bill 1420 — that could permit transfers from a utility enterprise fund to a municipality's general fund. He said his immediate goal was to notify state…
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