Money to meet cash needs for rest of year
Century approved four requests from Century CPA Robert Hudson Monday night to transfer money to meet the cash needs and projections for the remainder of the fiscal year ending September 2020.
Hudson recommended a monthly transfer of $5,000 from the garbage fund to the gas fund through September 2020; to close the Tornado Relief account in the amount of $11,583.46 and transferred it to the General Fund; and a request for Robin Phillips, administer for the Community Development Block Grant (CDBG) funds, for 80 percent of the additional cost of the single audit for Sept. 30, 2019, which will be a...