September 2024

Liberty council approves spends down general fund by $3.5 million

LIBERTY — The Liberty City Council approved spending down the general fund by $3.5 million.Finance Director Vicki McClure explained that the city’s general fund policy typically has the fund, used for general city expenses, around 20% of total revenues, but due to “financial stewardship and prudence,” the fund balance was sitting at almost 40% before the spend down.

Read MoreLiberty council approves spends down general fund by $3.5 million