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LETTER to the DECATUR CITY COUNCIL <br /> Finance Department <br /> DATE: December 15, 2025 <br /> TO: Honorable Mayor Moore Wolfe and City Council Members <br /> FROM: Melissa Hon, Interim City Manager <br /> Gregg Zientara, Interim City Treasurer&Chief Financial Officer <br /> SUBJECT: Resolution Authorizing the City of Decatur to Provide an Interfund Cash Advance <br /> to Certain Funds to Affect a Positive Cash Position as of the Close of Business as <br /> of December 31, 2025 <br /> SUMMARY RECOMMENDATION: <br /> City Administration recommends City Council approval of the attached Council Resolution to fund <br /> cash advances for those funds waiting on reimbursement from other sources. <br /> BACKGROUND: <br /> Funds of the City must have monies in an amount to affect a positive cash position as of the <br /> end of the fiscal year, in accordance with ordinance and state statute. Certain city funds may be <br /> in a position due to unforeseen circumstances to not have a positive cash position as of December <br /> 31, 2025. <br /> Therefore, it is necessary for the City of Decatur to provide an interfund cash advance to these <br /> certain funds, to affect a positive cash position as of December 31, 2025. <br /> Community Grant Fund — Interfund cash advance of$100,000 may be necessary should Federal <br /> grant reimbursement funding not be received before December 31, 2025. <br /> CDBG Fund — Interfund cash advance of $100,000 may be necessary should Federal grant <br /> reimbursement funding not be received before December 31, 2025. <br /> Central TIF Fund— Interfund cash advance of$200,000 due to the timing of property tax payments <br /> into a newly created TIF that had demolition expenses and a reimbursement for a fencing project <br /> with insufficient revenue to cover them. Reimbursement will not be received before December 31, <br /> 2026. <br /> Public Mass Transit Fund—Interfund cash advance in an amount of$4,500,000 may be necessary <br /> should State IDOT and Federal operating grant funding not be received before December 31,2025. <br /> City Treasurer will affect interfund cash advances in such amount as is necessary to secure positive <br /> cash positions, in any and all funds affected. <br /> Interfund cash advance(s)will be repaid in full in 2026 at the beginning of the fiscal 2026 year, or <br /> at such time that the Fund(s) have sufficient monies to repay the interfund cash advance. <br /> Page 1 of 2 <br />