Red Hook WatchIndependent Community Resource

Fund Transfer Prohibition for Fiscal Year 2009

↑Meetings/Resolutions/(operational)
Expiredoperationalone_timeThe Board determined that for fiscal year 2009, no transfers shall be made from the B Fund to the DB Fund, as the DB Fund has a healthy balance that will be used instead.
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 shall be made because the DB Fund has a more than healthy fund balance that will be used rather than draw from the B Fund.

Lifecycle (1 event)

2008-10-25adoptedvote: 4-0
For fiscal year 2009, prohibit transfers from the B Fund to the DB Fund and use the DB Fund balance instead.
moved by Ross · seconded by Latimer
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Resolved
  1. For fiscal year 2009, no transfers from the B to the DB Fund shall be made because the DB Fund has a more than healthy fund balance that will be used rather than draw from the B Fund.
Subject key: fund_transfer_policy