Cary’s Rainy Day Fund Was Hidden | Durham News

Town finances hit a rocky patch as Cary’s rainy-day fund dipped below minimums in FY2023-2024 — a detail quietly scrubbed by former Town Manager Sean Stegall before council review. State auditors confirmed the drop, contradicting Stegall’s prior claims that funds never fell short. Council members are now blaming him for mismanagement, and the town is moving to require written approval for any future withdrawals from the fund. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/33616265d6919eb4