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BOMA approves transfer of $1.5 million into reserve account - The Vicksburg Post
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BOMA approves transfer of $1.5 million into reserve account - The Vicksburg Post
The City of Vicksburg during its regular meeting of the Board of Mayor and Alderman (BOMA) Friday approved an amendment to the routine agenda authorizing the transfer of $1.5 million from the city’s water and gas pool cash account to its reserve account. Mayor George Flaggs Jr. said he wanted to use the opportunity to explain why the reserve account had dropped as low as $61,000 at one point in the fiscal year. “Sixty-one thousand dollars was in…
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