The Knox City Council took action last week to make up a shortfall in the city’s insurance budget. Council members transferred more than $68,000 into the insurance line item and over $23,000 into benefits. That money will come out of four other line items funded by economic development income tax revenues.
The city council also agreed to transfer almost $11,000 among line items in the Police Department’s portion of the General Fund budget. Clerk-Treasurer Cyndi Mann-Kidder stressed that the moves were not loans of actual cash reserves but simply transfers of appropriations within funds.
