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OC Council Transfers $6.9M From Growing Unassigned Fund Balance

Posted by The Dispatch | Wednesday, November 29, 2023

OCEAN CITY – Ocean City officials voted this week to transfer $6.9 million from its unassigned fund balance.On Tuesday, the Ocean City Council voted unanimously to transfer $6,943,000 from its unassigned fund balance to three reserve funds, a risk retention fund and a vehicle trust fund. City Manager Terry McGean said the transfers would put... Read more »

The post OC Council Transfers $6.9M From Growing Unassigned Fund Balance appeared first on News Ocean City Maryland Coast Dispatch Newspaper.

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