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taxes budgetMedium priorityopen
Rental registry trust fund sits untouched at $328K
Newburgh
Summary
Councilmember Monteverde flagged a rental registry trust fund with $328,000 sitting unused for years — money collected from rental licenses that was supposed to fund code staff. She asked that it be tapped to avoid hitting the general fund.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 29, 2026.
Impact analysis
💰Financial impact
$328,000 in reserved funds could offset general fund costs.
✅Who benefits
Taxpayers, if trust money replaces general fund spending.
Mentions & discussions (1)
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