interfund
Adjective
Meaning
interfund (not comparable)
Between funds.
an interfund transfer
Examples
In discussion with the council, McClure said Auditor Vicki Urbanik could be given the authority for interfund borrowing if a department is having a problem with cash flow.
If the city made reductions to non-personnel expenses and interfund transfers, with the help of a $1.6 million budget surplus from 2019, total budget savings would come out to around $6.4 million, according to budget coordinator Kate Lewis-Lakin.