Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Fort Lee schedules financial housekeeping: add Alma Bank, cash-management plan, and $232,500 in transfers
Summary
The March 5 work session scheduled resolutions for March 19 to add Alma Bank as a designated depository, include the bank in the 2026 cash-management plan, and authorize budget transfers totaling $232,500.
The borough recorded three related financial items to appear on the March 19 agenda: adding Alma Bank to the list of designated depositories for 2026; adding Alma Bank to the 2026 cash-management plan; and authorizing budget transfers totaling $232,500.
Minutes do not state which departments will receive or relinquish funds through the budget transfers; the March 19 agenda packet was indicated as the venue where specific transfer details would be presented for formal action.
