Special Council Meeting, How To Use Newly Discovered $4 Million

The Turlock City Council will be holding a Special Meeting tonight at 6pm at City Hall to direct the use of excess reserves to be used in the General Reserve Fund related to the discovery of overfunded holding accounts totaling $4,079,150.
 
The $4 million was discovered during the budget subcommittee process.
 
This discovered money could increase the $2.5 million Council had budgeted from Reserves and could ultimately save jobs if Council approves to use the money toward the General Fund deficit.

Council Packet Information

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