County Increases Reserve Threshold To 15% After Fund Balance Jump
Posted by The Dispatch | Tuesday, December 12, 2023
SNOW HILL – Worcester County will boost its reserves following an increase in fund balance.The Worcester County Commissioners last week voted unanimously to move forward with adjusting the county’s reserve fund from 12% of budgeted general fund expenditures to 15%. The jump was made possible with a $9.6 million increase in fund balance in FY... Read more »
The post County Increases Reserve Threshold To 15% After Fund Balance Jump appeared first on News Ocean City Maryland Coast Dispatch Newspaper.
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