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Posts Tagged ‘ Plymouth city council ’

City Council Puts $500,000 into Rainy Day

October 25, 2011
City Council Puts $500,000 into Rainy Day

10/26/11 On Monday night, the Plymouth Common Council unanimously approved transferring $500,000 from the City’s General Fund to the Rainy Day Fund. With the latest transfer, the Rainy Day Fund now sits at just under $5.5 million. City Attorney Nelson Chipman explained that whenever the purposes of a tax levy have been met, any...
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City’s Rainy Day Fund Grows to $4.95 Million

October 13, 2010
City’s Rainy Day Fund Grows to $4.95 Million

10/14/10 City Attorney Nelson Chipman presented a resolution to the Plymouth Common Council requesting a transfer of funds into the City’s Rainy Day Fund.  The transfer was in the amount of $850,000 from the general fund to the rainy day fund. Chipman told the council, “The city is in an enviable position to be...
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