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Certification as to anticipated cash flow.

Wilmington City Code § 2-407
in effect
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Sec. 2-407. - Certification as to anticipated cash flow. Prior to each authorization of tax and revenue anticipation notes, the mayor, in consultation with the director of finance of the city, shall make an estimate of the expenditures to be made and the moneys to be received from taxes and revenues, including subsidies or reimbursements, during the period when the notes will be outstanding. Such estimate shall take due account of the past and anticipated collection experience of the city and of current economic conditions. The estimate shall be certified by the mayor and his written certificate shall be dated as of a date not more than 30 days prior to the date of the authorization of the notes. (Code 1968, § 30-74)
Source: City of Wilmington, Delaware, City Code, City Charter and Related Laws (Municode Library, library.municode.com)URL: https://library.municode.com/de/wilmington/codes/code_of_ordinances?nodeId=PTIIWICO_CH2AD_ARTVIFI_DIV6TAREANNO_S2-407CEANCAFLFetched: 11/6/2026

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2-407 | Corpus