Red Hook WatchIndependent Community Resource

Fiscal year 2009 fund transfer policy

Meetings/Resolutions/(operational)
ExpiredoperationalongoingEstablishes that for fiscal year 2009, no transfers will be made from the B Fund to the DB Fund due to the healthy existing DB Fund balance.
First seen
2008-10-25
Latest event
2008-10-25
adopted
Expires
2009-12-31

Resolution text

RESOLVED

  1. for fiscal year 2009 no transfers from the B to the DB Fund be made because of the more than healthy fund balance in the DB Fund that will be used rather than draw from the B Fund

Lifecycle (1 event)

2008-10-25adoptedvote: 4-0
For fiscal year 2009, do not make any transfers from the B Fund to the DB Fund, instead use the DB Fund balance.
moved by Ross · seconded by Latimer
Show text snapshot for this event
Resolved
  1. for fiscal year 2009 no transfers from the B to the DB Fund be made because of the more than healthy fund balance in the DB Fund that will be used rather than draw from the B Fund
Subject key: fund_transfer_policy