Report of Committee of the Whole Meeting of March 9, 2020
General Fund Surplus
Trustee LaBedz moved, seconded by Trustee Canty, that the Committee-of-the-Whole recommend that the Board of Trustees approve the transfer of the 2019 year-end General Fund Surplus of $3 million to the following funds:
Police Pension Fund $ 1,250,000
Firefighters' Pension fund 1,250,000
Capital Projects Fund 500,000
TOTAL 3,000,000