COT Clarifies Use of Reserves

Tallahassee Reports has written about the $172 million in reserve funds the City of Tallahassee has tucked away. Part of the $172 million includes approximately $95 million in a “rate stabilization fund.” During an informative discussion with¬†Assistant City Manager Raoul Lavin, he detailed the parameters regulating the use of the rate stabilization fund. The uses […]