Sentences with phrase «unassigned reserves»

Last year, the city budgeted $ 10 million to balance the 2016 - 17 operating budget; but in actuality, the city comptroller said, $ 34.5 million in unassigned reserves is needed to close the books on the fiscal year, which ended June 30.

Schroeder on Tuesday afternoon reported the city used $ 34.5 million from an unassigned reserve pool to close a deficit for fiscal year 2016 - 2017, which ended June 30.

Not exact matches

Nassau Comptroller Jack Schnirman said the county has $ 46 million in unassigned available fund reserves and that paying the settlement in cash will drain those funds to $ 1 million.