NL 4-6 Financial Reserves Act, https://cdsdemocracy.org/faqs/nl-4-6-fi ... erves-act/
On 8 July the RA posted to the Forum text simply updating old language, from “City” to “CDS”, http://forums.slcds.info/viewtopic.php?f=1&t=9045
This Forum discussion then grew to consider increasing the USD reserves amount and then to the larger issue of a planned or unplanned succession of the Estate Owner and Treasurer. Because of the additional unresolved issues raised, the RA did not hold the intended vote on 23 July to approve the proposed text.
Sudane made a post on 8 June about how the accounts work, http://forums.slcds.info/viewtopic.php?f=20&t=9023
This is the post I made on 8 July with the proposed "City" to "CDS" update, and the following discussion, http://forums.slcds.info/viewtopic.php?f=1&t=9045
Sudane made a following post on 28 July more fully explaining the accounting system, http://forums.slcds.info/viewtopic.php?f=1&t=9079
For reference, NL 5-5 Treasurer Act, https://cdsdemocracy.org/faqs/nl-5-5-treasurer-act/ and NL 5-6 Estate Owner Act, https://cdsdemocracy.org/faqs/nl-5-6-estate-owner-act/
Sudane has stated that she feels that the main issue is not how many months of LL tier is available in the USD account, but that the most important concern is how to manage a planned or unplanned transition of the Estate Owner and Treasurer.